We will try and make it easy for you to compare prices on life insurance, all from the comfort of your own home or workplace. But do not be afraid to get some financial advice or look through the eview section either here at financebam or on other sites, to be sure of any commitment.
Consider a policy that offers terminal illness cover. This means the sum assured will be paid out if you are diagnosed with a terminal illness and have less than one year to live.
Remember to review your life insurance cover when there is a change in your circumstances: Like starting a family or taking on a bigger mortgage. Not reviewing what the payout or who it will be paid out to at these critical times can add stress or fail to give an adequate pay out to your loved ones.
If you have Mortgage term Insurance remember this only pays off your mortgage, but will not provide your family with any living expenses.
If you are overweight it may affect how much you pay for your life insurance. Some insurers take obesity into account when assessing their applications.
