Life insurance, a personal protection policy in case the worst was to happen.
Life Insurance helps provide financial security for people who depend on you, should you die.
Although money can’t replace a loved one, it can help those left behind to weather the financial storm. it supports the people around you. It provides a lump sum of money that your loved ones can have to support them if they’ve lost you. When they’re already going through a tough time, at least the finances are taken care of, and the mortgage is cleared. There’s a little pot of money to potentially help out your children for their future.
Level term insurance – designed to pay out a sum of money if the policyholder dies during the policy’s term. The sum assured is guaranteed and remains unchanged throughout the term.
Decreasing term insurance – where the sum decreases during the policy. It is regularly used to protect capital and interest repayments on a mortgage.
Family income benefit – a term life insurance product that, as the name suggests, is designed to provide a monthly income to dependants in the event of a claim, rather than a cash lump sum.
Getting actual advice is vital when taking out any protection policy. There are so many different things to consider, such as the type of policy you want, your budget, how much you want to leave behind plus your medical history.
We will carry out a full review of your circumstances, including any existing policies. We will then search the market for a policy designed to meet your needs within your budget and make a recommendation. We will then take care of everything for you, from the application to the underwriting and any medical reports if necessary
No, no mortgage lenders have made life insurance compulsory when you get a mortgage. However, it is highly recommended if you have a family and want to relieve any financial burden on them if you were to pass away.
There is no set cost for this type of insurance as it’s based on your individual circumstances and needs. Things like your medical history, height and weight and smoker status get taken into consideration when insurers give you a quote.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Register your account with Blue Stone, once approved, you can access your client portal.
Here you will be able to upload any and all documents that your broker requests and it will be received instantly on our end. With end-to-end encryption, this will save us both time and energy – letting us focus on the important things.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Blue Stone Financial Services Ltd is registered with the Data Protection Act 1998 registration No: ZB515720 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1005177 and is an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Blue Stone Financial is a trading name of Blue Stone Financial Services Ltd and is registered in England and Wales, Company Registration No: 14656410 Registered Office Address – Office 5 – Unit D, Bridgers Farm, Nursling Street, Nursling, Southampton, SO16 0YA
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. https://register.fca.org.uk/s/
