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Why do I need Life Insurance?
If you’d like to look after the people you care about most after you’ve gone, then you should consider Life Insurance. Also, if your family relies on your income, you may want to consider other insurance options, such as Critical Illness cover and Income Protection as a way to make things easier if you’re unable to earn a living.
How much cover do I need?
That's different for everyone but we usually suggest you make sure you've covered all your debts, and then take into consideration any cover you may already have - from your employer for example. Then, as a guide, you should allow £150,000 per dependant - your partner, and each child.
As your circumstances change – a move of house, a growing family for example – you should remember to review the cover you have and increase the sum insured if necessary. What types of medical conditions can affect my cover?
Because people who have an existing medical condition or 'medical history' are considered a greater risk, you may find your premiums are higher, and some restrictions on cover may be imposed. So it's really important to talk to one of our advisors, so we can find the right insurance company and policy for your particular circumstances.
Can anything else affect how I arrange cover?
Yes. People in certain occupations and who have certain 'high risk' hobbies may be considered a greater risk and so this may affect premiums and some restrictions on cover may be imposed. 'High risk' occupations include working at heights, within the oil and gas industry (particularly working offshore), the Armed Forces, Pilots and Fishermen.
High risk hobbies include racing, hang gliding, mountaineering and diving. We'll be happy to advise you of course, and make sure we find the right policy and insurance company to arrange the cover at the best possible price.
What do you do?
We search the market on your behalf, saving you a lot of time and effort. We also use our expertise and experience to find you the best value cover possible. What’s more, our advice is free and we never use jargon.
Referred from: (http://www.asdafinance.com/)
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