Why choose LIFT-Life?
Getting life insurance through us is a simple process. We have access to the whole market and will do all the hard work for you. You may already have cover in place and if this is the case, we can also carry out a free review on an existing policy and see if it is right for you and your circumstances.
“I don’t need life cover” is a statement we hear on a daily basis; however, this is not always the case. In many instances when we speak to clients about their current circumstances they agree with at least one of the following and do need life insurance:
Why do you need life insurance?
Benefits of having life cover
There are many benefits of having life cover, but if you are still unsure if you need to consider a plan, then take a look at these examples, which show you the importance of getting cover as soon as possible:
1) Protecting your family
If you were to die your family’s lifestyle would change dramatically. They would have to survive and maintain their current lifestyle without your income.
Life insurance isn’t as expensive as you think and by purchasing a policy you will be replacing that all-important income and give yourself peace of mind that your family will be looked after.
2) Paying off your debts
When you die, any debts you have must be repaid from your estate before your family will receive anything.
Having a mortgage is probably one of the largest debts you will ever have. By protecting this debt with a life insurance or mortgage protection policy, it will make things easier for your family and ensure they have a roof over their heads.
3) No mortgage- you still need cover
If you are renting you still need life cover. How will your family continue to pay the rent without your income? Will they have to move from their home? Will they fall behind on the rent? This is the last thing they need to be worrying about in the event of your death.
Even if you currently do not have a family, you are single and live on your own, it is still extremely important to ensure you have the relevant cover in place to ensure you remain financially stable.
4) Employed/ self-employed- you need protection
If you become ill due to an accident or illness and are unable to work could you live off State Benefit? Could you still afford your monthly commitments? Income protection will pay up to 60% of your gross income so you can maintain your current lifestyle until you are able to return to work or retire.
If you are diagnosed with a specific illness, critical illness cover will pay you a tax-free lump sum, so you can take time off work, do something you have always wanted to do or clear outstanding debt you might have, making your life easier.
What's involved in the process?
You have an initial conversation with our friendly team so that we can understand your circumstances. Our team go away and research the options and come back with their recommendations. You are under no obligation to take out cover but by finding out more about what's available to you, you can make a decision on if you want to take it out. We are also happy to review your existing cover with you to find out if it is the right one for your needs.