Jump to main content of pageaccessibility informationSitemap
21 Nov 2024
Get an instant life insurance Get an instant term life insurance quote Cheapest life insurance rate guarantee!
LV
Aviva
Vitaility Life
Royal London
Legal & General
AIG

Life Insurance News

Change in circumstances calls for change in life insurance

Some consumers risk being significantly under-insured by not reviewing their life insurance when they experience big changes such as marriage or buying a house, it has been highlighted.

It is vital to review cover because the amount of protection changes in line with transformations in personal circumstances, according to personal finance experts from BeatThatQuote.com.

Urging people with life insurance not to "get complacent about how much cover is really right" for them, the financial specialists have cited weddings, buying a home and getting a newborn as some of the situations signifying the need for reviewing cover.

Writing in MSN Money, the financial experts said that "entering into a marriage or civil partnership probably means you and your partner will pool your salaries", which highlights the need to protect both sources of income.

If buying a house with a partner or friend, consumers should ensure they have enough cover to sort out their share of the debt if they die to prevent the other half from incurring debt, they added.

The cost of looking after an extra baby can be enormous, therefore consumers should review their cover to reflect any new additions.

Life cover is especially vital for people with dependants.

Do you want Advice on Life Insurance?

After you have compared the life insurance information on Go Direct if you would like Life Insurance Advice, please complete our life insurance enquiry form and we will contact you to discuses your insurance needs.

 

You may also be interested in:



Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. FCA Number 456600

Life Insurance uk | Mortgage Life Insurance | Critical Illness Insurance | Income Protection Insurance Quotes | Life Insurance Advice | Term Life Insurance | Decreasing Life Assurance | Critical Illness | Income Protection | Accident Sickness Unemployment | Whole Life Assurance | Remortgage | Accident Sickness Unemployment Cover | Pension Term Insurance | Site Map

Change in circumstances calls for change in life insurance