There is a time when you really need Life Insurance and a time when you don’t... the hard part is working out when that is.
When can I stop having life insurance?
Avocado, Pizza or Life Insurance? What would you choose?
What’s more important to you? Avocados, pizza or your family?
Are you naughty enough?
It used to be a landmark age, turning 40. It meant middle age, a turning point towards old age. Because people got married and had children younger, by 40 their kids were leaving home. If they were still single at 40 the chances of marrying were slim. (One study in 1985 found that chances of a women marrying after 40 was just 2.6%!) Which meant that the song by Dave and the Dynamos was a bit of a rallying cry against ageing. Reminding people they may be 40 but they could still keep ‘rockin’. Today the picture is a little different.
Keeping it in plain English - explaining policy documents
Your policy document sets out the agreement between you and your insurer. It turns out that takes quite a lot of explaining.
Would your Life Insurance cover your mortgage?
Significant lifetime events such as, getting married, having children, changing jobs or buying a house, are usually a good time to think about Life Insurance. At each of these points you might find you need more cover than you currently have. Then at some point the outcomes of such significant events change and you can start decreasing your cover, for example you pay off the mortgage, your kids leave home etc.
Do you have a bucket list? Life Insurance can help you achieve it.
Sorting your life insurance can mean that your bucket list can become a reality even when it seems like you’ve left it too late.