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Life Insurance Is all about

Life insurance is all about

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Page 1: Life insurance is all about

Life InsuranceIs all about

Page 2: Life insurance is all about

What is Life Insurance..?

Life insurance is a contract between policy holder and insurance company.

Insurance company will pay lump sum amount as per your policy terms to your family after your death.

Life insurance is not a saving or investment product and has no cash value unless a valid claim is required

Page 3: Life insurance is all about

Why Life insurance..?

Life insurance is never be ignored by prime member, after the death of prime member of family remaining members of family fight against a financial risk.

Payout will be used for mortgage loan repayment. This is one of the major concern for family members after breadwinner's death.

Life insurance amount will be helpful to your family for household bill and childcare and much more.

The cheapest life insurance policy starts from £5 per month. It is just small payable amount for any one and you will get protection guarantee of your family.

Page 4: Life insurance is all about

Life insurance Benefits...

Life-insurance is the best financial support to your family and loved one after your death.

Life-insurance money will be helpful to your family to survive.

Your children's education won't disturb in your absence.

Any Government Tax is not applicable on life insurance pay-out.

Page 5: Life insurance is all about

Types of life insurance

1. Level-Term insurance

2. Whole of life insurance

Page 6: Life insurance is all about

Life insurance company will paylump sum or monthly amount ifyou die within defined term limit.

You won't receive a single buck ifyou are lucky for several othercolorful years to cheer in life.

In term insurance you have tospecify the time limit how longterm policy you want.

1) Term insurance

Page 7: Life insurance is all about

In Increasing Term Insurance theamount of cover and the premiumsincrease over the term

The sum insured either rise by afixed percentage each year, or risesin line with the Retail Prices Index(RPI) measure of inflation.

i) Increasing term insurance

Page 8: Life insurance is all about

Decreasing Term Insurance decreasesover time that means premium are lowerthan level term insurance.

Policy is often taken out to covermortgages where amount automaticallydown yearly. This policy tends to becheaper than level term assurance.

ii) Decreasing term Insurance

Page 9: Life insurance is all about

2) Whole of life insurance Whole life insurance protects you for

the lifetime until you probabilistic die.

In this policy you have to pay premium(annually) amount for whole life. Afteryour death, your family will get a lumpsum amount as per the policy plan.

Whole-of-life policies can be expensivebut they are useful if you want aguarantee that your policy will pay outno matter when you die.

Page 10: Life insurance is all about

A critical heath problem couldhappen with any one of us.

Critical illness cover is designed toprotect those family or loved-onewhen breadwinner or primemember of family is diagnosedcritical illness and unable to earn.

Critical illness cover will payout alump sum when you are in criticalillness within term of the policy.

Critical illness insurance coverscancer, heart attack, stroke andother illness problems. You shouldread policy paper carefully beforefinalizing the plan.

Critical illness Cover

Page 11: Life insurance is all about

Guaranteed policy acceptance isone of the major advantage of lifeinsurance over 50s policy.

Insurer pay a guaranteed lumpsum amount to dependentwhenever policy-holder die.

No need to pass medical test forthis life insurance policy.

Insurance policy starts from just £4to £100 per month.

Life insurance Over 50s

Page 12: Life insurance is all about

Check your insurance requirements and your budget.

Compare insurance quotes from all renowned insurers.

Don't hesitate to ask experts about premium policy.

Understand renewal policy.

Read all policy related Document carefully.

Things to keep in mind before buying life insurance policy..?

Page 13: Life insurance is all about

Freepricecompare is UK's best pricecomparison site and it's 100% free forcustomers.

We have user-friendly comparison toolwhich helps you to find the best lifeinsurance plan online from UK's reputedcompanies like Aviva, Aegon, Zurich,Friends life and many others.

Our experts suggest the best policy basedon your requirement and budget.Alternatively you can read interactive lifeinsurance guide at our website.

Get Life Insurance with freepricecompare

Page 14: Life insurance is all about

Get death certificate from authorized practitioners.

Contact life insurance company.

Receive insurance claim form.

Fill the form carefully and attach all required documents.

Get your payout

How to make a Life insurance claim..?