What is Life Insurance?
Life insurance helps give your family financial protection should you pass away within the policy term. It lets you leave a lump sum behind – helping your loved ones maintain their living standards or pay mortgage costs. And it’s down to you how much you want to cover your family for. Flexible protection is available from just £5 a month.
In the event of a death your life insurer will pay out a cash lump sum, therefore giving you peace of mind.
Reasons to choose Life Insurance?
A life insurance policy can help:
pay off debts
pay children's school fees
maintain a standard of life for the loved ones left behind in the event of your death
Life insurance can protect your home, business, income and family if you are not here to do so.
Main types of Life Insurance
Level term life insurance means you pick the size of the payout, known as the 'sum insured' and an amount of time you're covered, called the 'term'. Level term life insurance covers you for a set sum that remains the same during the term.
Whole of Life insurance is the most comprehensive type of life cover available. It ensures that, no matter when you die, your loved ones will receive a lump sum payout from your insurer, as long as you pay your monthly premiums.
Mortgage/ Decreasing life insurance, otherwise known as mortgage life cover, covers the cost of your mortgage in the event of your death by paying your family a tax-free, lump sum of money.
Why Choose us?
Our initial consultation is FREE
Impartial advice on Life Insurance from our team of qualified independent brokers
We have access to all the products on the market – not just those from one or two providers
Cornerstone is registered with and regulated by the Financial Conduct Authority
We are fast and friendly!