Life Insurance with Addingstone.

ellamdorrington
Jun 5
2 min read

Life Insurance is coverage for an individual or couple that provides a monetary benefit to their designated dependents if they were to pass away.

The benefits of taking out Life Insurance with Addingstone include:

Peace of mind.
Financial security for your loved ones.
Continuity for your family.
Advice from a Life Insurance specialist.
No added fees; you pay the insurer directly.
No hold times, unlike going direct with insurers.
Broad market access, ensuring a competitive solution.
A dedicated claims handler, should you need it.

Term Assurance

Term Assurance is the most common Life Insurance policy, providing cover that lasts for a specific time period. This could be, for example, 10 years or to age 75.

Whole of Life

Whole of Life Insurance is a policy that doesn't end until you pass away, ultimately guaranteeing a payout.

Decreasing Life Insurance

Decreasing Life Insurance is where the amount of sums assured you have decreases over time.

It is usually taken out for mortgage purposes, decreasing in line with the repayment of a mortgage. Premiums will start off lower; however, stay the same regardless of the sums assured.

Increasing Life Insurance

Increasing Life Insurance is where the sum assured increases at a fixed rate or is reviewed against measures of inflation. While the sum assured increases, premiums also increase along with it.

Critical Illness Insurance

Critical Illness can be taken out alongside Life Insurance, or on it's own. While Life Insurance pays out after a death, Critical Illness Insurance pays out whilst your alive, specifically after the diagnosis of a critical illness. The payout can be used to aid your treatment and recovery process or financially support you and your family during this time.

With so many options of cover, it may be difficult to decide which one is right for you. That's why our Life Insurance specialists are trained to understand your wants and needs and give you helpful advice to make a decision.

Get in touch with us now to obtain a no-obligation quote.