Life Insurance For Parents & Children

If you require life insurance for your parents, one of our advisor's would request to speak with your parents to confirm they are happy to proceed and let you arrange their cover. If your intentions are to pay for the cover yourself you may be asked for proof of identity. Your parents would be required to answer the health questions, check and sign all documents. We are happy to help you every step of the way to make it as simple as possible.

Life insurance for your parents would pay out a lump sum should they pass away. There are many other additional benefits payable with this policy cover.

Most children commonly take this cover because of the fear of funeral costs especially if their parents have no savings which means you could be left wondering where the money will come from to give them a funeral that is fitting for them.

Life insurance for your parents protects you and your family and the policy pays out a lump sum should your parents pass away. There a number of other benefits available within these types of policies.

The monies paid to the beneficiaries can be used for any purpose but is mostly used to pay off any debts, mortgage, childcare or funeral costs.

There are number of policies available should you require insurance cover for your parents:

• Over 50's life insurance cover
• Over 60's life insurance cover
• Over 70's life insurance cover
• Level term life insurance
• Decreasing or increasing cover
• Whole life cover

All these options will be explored to ensure you are happy with the cover and that your parents have the cover required at an affordable cost that reflects their circumstances.

here are many features that come with this cover:

• The death benefit would be paid to the policy beneficiaries should your parents pass away, this will help with any debts and funeral costs.
• The terminal illness benefit would be paid if your parent/s were to be diagnosed as terminally ill and have no more than 12 months left to live. The benefit amount would be paid out and this could help with future arrangements.
• The funeral benefit amount would be paid in advance to help cover the costs of the funeral should your parent/s pass away.
• Insurance amendments, can be made to the policy should their circumstance change at any time. We may need to speak to your parent/s in order to process any changes.
• Financial planning benefit would be paid if your parent/s were to gain approved financial planning advice upon the payment of a life cover benefit.

There are a number of benefits available with this policy;

• Simple and fits your parents needs because the process is straight forward and we aim to assist you and make it as easy as possible. This policy requires no medical examination saving your parent/s a trip to the doctors.
• Fixed premiums - Once the policy has been agreed and you and your parent/s are happy your monthly premium will not increase so you and your parent/s are aware of how much the policy is costing per month.
• Affordable - We offer this cover with a range of benefits and choosing the right option for you and your parent/s ensures the cost reflects the cover required and your parent/s circumstances.
• Funeral costs, debts and mortgage are covered giving you peace of mind.