Death can come at any time. Purchasing life insurance as soon as you are able is the best time to do so.

Yes, you can have multiple policies from the same or different insurance companies.

The Prices are typically based on age , health status , height, weight, smoking status and if you participate in high risk activities or occupations.

Some employers might offer life insurance in what’s known as a ‘death-in-service benefit’ It is usually  3/4 times your annual salary. However you might need to take out additional life cover depending on your circumstances such as how much you owe on your mortgage and financial dependants.

There is a belief that life insurance is bought by people at a “mature age”.  This is not a statement true to everyone. The main benefits of taking Life Insurance at an early age is the fact that the insurer will take into account  your current health, and the younger and healthier we are the lower the insurance premium will be.

This is extremely rare in the UK . If something bad happens to your insurer, the British Financial Services Compensation Scheme (FSCS) will find you another insurance provider who will take over its predecessor’s responsibilities.

If you think you may be moving in the future  it is worth mentioning to your adviser before making a decision about choosing a policy and an insurer. A number of Insurers  give the opportunity to continue the policy even if we leave the UK (for example, if you move to Europe like Poland or Spain. However the standard conditions that must be met if you want to keep your life insurance cover after leaving the UK , is to report your new address to the insurer and maintain the British bank account from which the premiums will be collected.

Yes, you can cancel your life insurance policy at any time – Remember there is no cash in value so you get no money back if you cancel. You will no longer be insured if you cancel.

Yes if you commit suicide in the first 12 months of purchasing your life insurance policy it will Not pay out the money. Insurers also may not pay out due to a situation about which the insurer has not been informed. For example, if you do not tell the insurer about health conditions you have or previously had.

Over 50’s Life Insurance will provide a lump sum when the policyholder dies. It is normally only enough for funeral costs. Most over 50’s have no health of lifestyle questionnaires so it comes with guaranteed acceptance.However there will be a waiting period before you can claim on the policy.  In order to get this you need to be 50 plus years old.