Life is full of unexpected events, but with the right insurance, you can be assured that your loved ones will be financially protected in the event of your death. Life Cover is a flexible policy that provides a payout, allowing the family to pay off loans, cover children’s education or provide for daily living.
Why choose Life Cover?
Financial protection for the family: Financially secure your loved ones, giving them stability in difficult moments.
Flexibility of the offer: Choose the right amount of insurance and the period of protection yourself, tailoring the policy to your needs.
Simplicity and convenience: Get life insurance protection without unnecessary formalities and complicated procedures.
Trust – additional security for your family.
More and more people in the UK are choosing to set up a Trust as part of their life insurance policy to safeguard their assets. With the Trust, you get extra protection and your family will receive help faster and according to your wishes. Trust allows:
Protecting your assets from taxes: Transferring funds to the Trust can help minimize your tax burden.
Secure transfer of funds: Guarantees that disbursement will occur according to your instructions, without having to go through complicated inheritance procedures.
Faster disbursement of funds: With the Trust, disbursement procedures are simplified, reducing the time you have to wait for disbursement.
The Trust can be tailored to meet your family’s individual needs. If you want to learn more about this option, our experts can help you find the solution that best suits your requirements.
Customized payout options – choose what best fits your needs
Life Cover offers various payout options that can be tailored to your loved ones’ situation:
Single payout: the most commonly chosen option, which provides the full sum insured, paid out immediately upon your death.
Monthly annuity: An option that allows regular monthly payments, which can be beneficial if you want your family to receive ongoing support.
Trust transfer: With this option, funds transferred to the Trust can provide additional tax benefits and protect your loved ones’ assets.
Each option can be tailored exactly to your needs and lifestyle, offering maximum protection for your family.