The Right Insurance Cover

Life Insurance is one of life’s financial necessities. Much as we don’t like talking about things like this, the right cover can really help make sure that the people you love the most are looked after should the worst happen to you.

Life Insurance could ensure that your family keep the home they love without worrying about mortgage repayments. Or that your children have some money set aside for their first home, or that there are the funds available to help them with things like university fees or their wedding day should you not be there to help them with these expenses.

When you start to think of it like that, then it really does make sense to make sure your Life Insurance is in order.

There are generally two main types of cover:

Level Term Assurance – this covers you for a fixed amount for a particular period of time (10, 15, 25 years etc), but if something happened to you after this time, then you wouldn’t be covered by the policy
Decreasing Cover Assurance – this has been designed for those whose protection needs will decrease in-line with the loan; for example, if you’re paying off your mortgage, the amount you have left to pay will decrease with time, so the amount of cover you might need will reduce too

Deciding which Life Insurance cover is right for you will completely depend on you and your individual circumstances. Your Bower specialist will take the time to understand both before making their professional recommendation.

How Bower can help

As you probably know, there is a vast choice of Life Insurance products and providers on the market. So finding the right policy for your specific situation by yourself can be a very time-consuming task. You may also end up paying over the odds for a product that provides more cover than you actually need.

At Bower, we can do the research for you, suggest the most suitable type of policy and then arrange everything for you on your behalf.

As part of our bespoke, personalised service, we will:

• Help you decide what type and which level of cover you need
• Source the best products for your needs
• Clearly explain the cover you will receive and the costs involved
• Arrange the cover on your behalf so you don’t have to worry about a thing

To find out more, simply speak to our team today and we’ll take care of everything for you over the phone and by post. It’s a simple, hassle-free service and it means you’ll get the right Life Insurance cover quickly and simply.