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5 Signs it’s Time to Get Life Insurance

time to get life insurance

How do you know when it's time to get life insurance? Isn't it just another expense - and one that you can't actually benefit from until you die? These are valid questions and ones that most people probably ask themselves.

In this post, we hope to simplify the rather complex and frankly, depressing subject of life insurance by breaking down 5 key signs that it may be time to invest in a good life insurance policy. 

1) You're Buying a House

It's a great idea to get life insurance when you buy a home so that your partner or family can pay off your mortgage should you die before it's paid in full.

Buying a House?

Take a look at our recent blog post on how to get the best mortgage rates....

2) You're Getting Married

It can give both you and your spouse real peace of mind to know that they'll be provided for after your death. This can be especially important if you are the main breadwinner of the family.

3) You're Having a Baby

Your children are your financial dependents and as such, it's a great idea to make sure that they'll still have some form of income should you pass away. A life insurance policy gives you and them that additional security.

4) You Want to Avoid Inheritance Tax

Inheritance tax can be a real pain for those wishing to leave money to their family after their death. A life insurance policy that covered the tax bill would ensure that your loved ones receive everything you want them to.

5) You Want to Plan for Your Funeral

The average cost of a funeral is nearly £4000 and this can often be a heavy burden on your family after you've gone. A life insurance policy will make sure that they can cover these costs without problem. 

Is it Time to Get Life Insurance?

If you've decided it could be time for you to invest in a life insurance policy then we'd love to help you find the right one for your circumstances. To arrange a free consultation just pop your details in the contact form below and we'll be in touch.

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Ellen King

Absolutely delighted with the service we received from Dean. The advice we received was timely and thorough; the service provided went above and beyond our expectations compared to other mortgage advisors we have used in the past and the whole application process was made straightforward and stress free. Overall, an excellent value for money service that I would highly recommend.


Ellen King

2019-09-04T15:53:10+01:00

Ellen King

Absolutely delighted with the service we received from Dean. The advice we received was timely and thorough; the service provided went above and beyond our expectations compared to other mortgage advisors we have used in the past and the whole application process was made straightforward and stress free. Overall, an excellent value for money service that I would highly recommend.

Miss Knight

We would like to take this opportunity to thank you for your efforts in making it possible for us to purchase our first property.  You have been brilliant and your services have been friendly, helpful, swift and professional.  We cannot thank you enough and it has been an absolute pleasure working with you.  What is known to be a stressful time has been very smooth and I have yourselves to thank for this.


Miss Knight

2016-03-22T17:24:36+01:00

Miss Knight

We would like to take this opportunity to thank you for your efforts in making it possible for us to purchase our first property.  You have been brilliant and your services have been friendly, helpful, swift and professional.  We cannot thank you enough and it has been an absolute pleasure working with you.  What is known to be a stressful time has been very smooth and I have yourselves to thank for this.

Mr L

Mr L hadn’t sold his house but had found the house of his dreams, we arranged a mortgage that allowed him to buy his new house without selling and a mortgage that was flexible enough for him to pay a large amount off when he sells his house.

2016-09-13T12:38:09+01:00
Mr L hadn’t sold his house but had found the house of his dreams, we arranged a mortgage that allowed him to buy his new house without selling and a mortgage that was flexible enough for him to pay a large amount off when he sells his house.

Miss G

Miss G sold her house and had found a new house, it all looked straight forward but she had a historical bankruptcy which meant lots of lenders were declining her. We found her a mainstream high street lender that would offer a mortgage even with her previous bankruptcy.

2016-09-13T12:43:22+01:00
Miss G sold her house and had found a new house, it all looked straight forward but she had a historical bankruptcy which meant lots of lenders were declining her. We found her a mainstream high street lender that would offer a mortgage even with her previous bankruptcy.

Mr W

Mr W works abroad but wanted to buy a buy to let property, most lenders will require him to own and live in in a mortgaged property in the UK, however we found a lender that would lend at sensible interest rates for a new buy to let purchase.

2016-09-13T12:48:10+01:00
Mr W works abroad but wanted to buy a buy to let property, most lenders will require him to own and live in in a mortgaged property in the UK, however we found a lender that would lend at sensible interest rates for a new buy to let purchase.

Mr C

Mr C wanted to buy a student house in Lincoln via a limited company to take advantage of the income tax benefits of this. He spoke with other brokers and high street lenders all of which said it wasn’t possible. We found a building society who specialise in this with sensible fees and interest rates.

2016-09-13T12:49:06+01:00
Mr C wanted to buy a student house in Lincoln via a limited company to take advantage of the income tax benefits of this. He spoke with other brokers and high street lenders all of which said it wasn’t possible. We found a building society who specialise in this with sensible fees and interest rates.