Life Insurance is a subject people try not to think about but it is one of the most important financial decisions you will ever make.
Here are 3 important facts we've highlighted for you
Your loved ones come first
The most important one of them all. Should the worst happen to you, your life insurance policy will protect your loved ones by writing off your debts or providing the income needed to protect your home and future well-being.
Reviewing your life insurance is as important as taking it out for the first time!
When was the last time you had a review on your life insurance? As you pay off more of your mortgage or as your dependents grow older you financial commitments will change. This means the level of protection you need may not be as high as it was when you took the policy out. You should regularly check life insurance quotes to make sure you are not overpaying for protection levels you no longer need.
You are never too young for life insurance
Although you may think you don't need life insurance now, there are no guarantees that you will be able to be accepted for a policy when you are older. Aside from not being able to get life insurance later on in life you will find you will have to pay higher premiums the older you get. So while you may not feel you need life insurance now you may save money by taking out a policy now.
"The Proactive Team provide an excellent service which is very personable. It's good to be kept up to date and also know that they are on hand to answer any queries with our personal health insurance package. Wouldn't hesitate in recommending." Joshua F