31 Otley Road, Shipley, BD17 7DE 01274 583 856 Mon - Sat 8.00AM - 18.00PM

Life Cover

Life cover is an insurance policy that pays out a lump sum in the event of death within a set term. Although it seems quite a simple concept it is vitally important that the correct policy is taken and also is written correctly as it can be the case that a simple error can prevent a provider from paying out on a policy or in some cases the policy being paid to a next of kin family member rather than the intended beneficiary.

Life cover is especially important to cover a mortgage or a family but can also be used for business purposes such as to cover a business partnership, director or other key employee.

Premiums are usually collected monthly but can be paid annually and the insured lump sum amount can be arranged to increase, stay level or decrease in live with a mortgage or other loan.

Need Financial Advice?

Why not contact Wilfred Leach today to see how we can help.

Contact Us