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LIFE ASSURANCE
Life insurance and critical illness insurance are crucial tools in planning your financial future. Not only can insurance make certain that promises made to your family will be kept even if you are no longer alive; there are many policies which provide benefits whilst you are still living.
When did you last review your life insurance cover?
Your need for life insurance is dependent on your personal and financial circumstances. Even when you have been prudent enough to arrange life cover in the past your coverage ought to be reviewed and perhaps up-dated if any of the following apply:
 You did not or could not include Critical Illness cover in your original provision. You recently married or divorced.
You have a new child or grandchild.
Your health has deteriorated.
You recently purchased property.
You have recently altered the terms of your mortgage.
You have stopped smoking. (Did you know that some insurance companies will revert you to much
lower 'non-smoker' premiums if you do not use tobacco for 2 or 3 years?)
You have established a new business or acquired anew partner / co-director
CRITICAL ILLNESS INSURANCE
Medical advances have resulting in many people long surviving illnesses which in the past might have resulted in early death. That's good but it creates a problem.
The problem is that, without being too cold blooded about such an emotional matter, had the victim died his life insurance would have paid out. But survival due to medical advances may mean a very long period with no income and the family still needs to eat.
One answer is Critical illness Insurance which pays a lump sum on the diagnosis of any of a wide range of serious illnesses.
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Protecting Your Family
