Life Insurance
Get the right life insurance for you and your family
What is life insurance?
Life insurance is a policy that provides financial support for families and loved ones in the case of unexpected bereavement. The policy provides your loved ones with financial support in a single payment or regular payments at one of life’s most unimaginable times. Usually meant as a way to manage everyday financial commitments, remove debts or even free themselves from large financial obligations like mortgages.
Picking the right life insurance for your situation can be tricky. That’s why our insurance advisors are here to help you find the right solution for you, regardless of your circumstances.
A lot of life insurance policies are based on a variety of factors, including your current age and health. Understandably, the more at risk you are, the more expensive cover may become.
We’d always recommend taking out cover if your budget allows for it. However, settling for the lowest rate you can find is rarely the best approach.
Our advisors are here to help, regardless of your current situation. We’ll collect a list of options to advise you on the right one.
Why Choose Prestige Mortgage Solutions?
Consult with one of our staff members about both your family’s and your own needs if the unthinkable should happen.
Tailored advice for cover for your situation and needs
We’ll search the entire insurance market to find the option that’s right for you.
We offer no-obligation consultations to see how we can help.
Policies offered with an outcome of either one large payment or regular payments to spread the protection for longer
Do I Need Life Insurance?
If you have children, a dependent, or other loved ones, life insurance is a strong investment for their future. Although optional, ensuring you provide financial assistance should the worst happen is important. For example, these payouts could help your partner pay off your mortgage or any remaining debts if your income suddenly stopped, or it may be able to pay off the fees for your child’s education.
Life insurance is useful if:
You are paying back a mortgage that would be affected by your absence.
You have outstanding debts to pay off.
You need to ensure income security.
You need to pay for child support or university education costs.
You want to pay off other expenses
We can also find excellent rates on critical illness cover and income protection cover to include within your life insurance policy.