A LifeSearch research study published recently has found out that more than 66% of the United Kingdom population have no life insurance, and are not aware if they hold a life insurance policy that is in force.
Even though more than 14 million households in England were owned or occupied between 2015 and 2016, life insurance numbers are holding steadily at a low 33%.
Another survey published by Scottish Widows has shown that 20% of all fathers in the country admitted to the fact that their families would not be able to thrive and survive financially if their income was lost due to demise, or long-term illnesses.
Role of Life Insurance:
Here comes life insurance – an assured sum paid to a policyholder if he or she gets sick for a long time, gets critically ill, or passes away. This is a stepping stone for the family while they recover from the mental and financial burden of losing somebody close to them forever, or having them bedridden.
Life insurance policies are straws for your loved ones to grasp at before they can look for other sources of income after your illness or demise.
With high customizability and personalizations being offered by a lot of insurers. There is a plan for it. Are you worried about the long-term? There is a policy for that. Whatever situation you may think of, there is always a life insurance protection plan for it.
The importance of life insurance is being downplayed by a lot of people, only for them to realize later that it could have been useful for them, had they seen the situation coming. And that is why you should get your life insurance policy today.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00