No-one likes to think about their own mortality, but when you have dependents, it is essential to make sure they are taken care of after you’re gone.
It’s comforting to know that should you pass away, your family will be financially-secure, and unburdened by any obligations you leave behind.
The most responsible investment you can ever make is peace of mind for you and your loved ones.
What can life insurance do for me?
Life insurance is paid either on the death of the insured, or on diagnosis of terminal illness when death is expected within 12 months.
The insurance will help your family to cope after you’re gone, particularly if you are the main breadwinner.
It can cover any financial liabilities the insured leaves behind, such as loans or other debts.
Insurance can be used to fund treatment, specialist equipment or professional care during terminal illness.
Above all, life insurance cover is a great solace during very difficult times.
How does it work?
All Enterprise FS policies are created to suit an individual’s particular requirements, and a meeting with one of our specially-trained advisors is necessary.
Life insurance is often taken out at the same time as a mortgage, usually the largest family expense.
After selecting the appropriate policy for your circumstances and determining the basic conditions, the “Trust” document will be completed, in which the insured person identifies the entities (generally family members) that will be allocated funds in the event of their death or diagnosis of a terminal illness. Payment usually begins immediately.
Depending on the insurer, the premium is normally around 1-2% of monthly income.
The terms and conditions of the policy, and the premium can depend on factors such as:
- Age when taking out the policy
- Whether the insured is a smoker
- Occupation of the insured
Why use Enterprise FS?
- Free, impartial advice from professional, helpful advisors
- Access to the best policies from well-established providers
- Only pay for the cover you actually need
There’s no time like the present to think about your future.
Contact Us today to book an appointment