What is Life Insurance?
Designed to give your loved ones peace of mind through financial protection should you pass away during the policy term. Life Insurance allows you to leave a lump sum behind, supporting your family after you’ve past.
Some policies help look after you immediately (e.g. annual health checks) while others are there for when you’ve gone. Our role is to find you the type of Life Insurance Policy that covers your needs and makes things as simple as possible for you.
Need Life Insurance for your business?
If you're looking for business protection for you, your shareholders, stakeholders or key individuals, we can cover you there too. Take a look at out General Insurance page and we'll take care of it.
Are you eligible?
To apply for cover you must:
You must be over 18 to apply.
You must have proof of ID.
You must complete an affordability check.
A referral may be generated for a GP report or other medical report.
How does it work?
Do I need it? The short answer is yes - if you have a mortgage, a family or any dependents you provide for then Life Insurance is something you should consider so you can support them long term. Or even if you just want to leave an amount to your estate.
We will help you consider the level of cover you need; whether that's just to clear the mortgage and debts or if it's for more complex Inheritance Tax Planning. And the length of term policy you're looking to take out. We're here to find the right solution for you so that you can rest easy knowing any financial burden is taken care of in times of distress.
Essentially cover for a listed illness which is generally classed as life ending. Insurers differ on this dependent on their definition and clauses.
Waiver of Premium
On some options, in the event you become ill or injured, the insurer may pay your premium to keep your cover live.
The policy sums covered and your premiums increase to keep your cover in line with inflation.
Why choose us?
We work with a panel of insurers who offer differing products and a range of additional services, which we can take you through and ensure that the product you ultimately select is the right fit. With Phoenix, you'll always have total transparency on any insurance you're considering without any commitment to buy.
Already have Life Insurance?
Is your policy coming up for renewal?
No problem! One of our advisors will contact you up to 30 days before your policy is due to expire and support you through the process of renewal.
Depending on the size of your business we may be able to start work well in advance of your renewal date, contact us up to 90 days prior to renewal so we can be in the best position to assist (quotations are valid for 30 days)