While Life Insurance is the best known personal insurance cover, it is often overlooked when individuals plan their finances.
The grief and sense of loss suffered by partners and family members is too often compounded when they eventually discover the death of their loved one has also left them in severe financial distress.
How will your family cope financially should you pass away prematurely? Will they be able to pay the mortgage, funeral expenses, the school fees or even the weekly grocery bill in your absence?
Life Insurance pays a lump sum benefit if you were to die or were diagnosed as terminally ill.
The insurance will provide your family with an agreed lump sum payment and can cover;
- Accidental death
- Accidental injury
- Terminal illness
- Serious illness and permanent and temporary disablement
The insurance money can be used to help with costs such as the mortgage, outstanding loans, education costs or simply daily living expenses.
Forum Financial Services can work with you to help make choosing the right cover for your family easy.