At John Charcol, we realise that no-one likes to think pessimistically about the future. However, shying away from thinking about, and even addressing, life insurance and protecting you and your family should simply not be an option for anyone. After all, no-one ever wants to say if only after a tragic event.
Should the worst happen, financial stress for you or your family really is the last thing you need. At John Charcol, we will discuss your own personal details and circumstances with you in detail and provide advice and a solution that is entirely tailored to you. In our opinion, you should never buy life insurance off the shelf, rather get advice and ensure that any life insurance or critical illness policy meets every need you have. So do call us to discuss further.
In the meantime, you will find definitions and a number of statistics on these pages that will help inform you.
Our life insurance (or assurance) range
- Level term life insurance (or assurance)
Provides a fixed lump sum payment should you die within a specified period. Find out more.
- Level term life insurance (or assurance) with critical illness
Provides a specified lump sum payment should you die or suffer a critical illness within a specified period. Find out more.
- Mortgage protection cover
Providing a decreasing lump sum payment to cover your outstanding mortgage, should you die within the specified period. Find out more.
- Mortgage protection cover with critical illness
Providing a decreasing lump sum payment to cover your outstanding mortgage, should you die or suffer a critical illness within the specified period. Find out more.
Statistics you cannot ignore
- There are over half a million deaths in the UK each year
- 17% of deaths occur before the age of 65
- Cancer is responsible for more than one in three UK deaths in people under the age of 65
- 1 in 6 men dying under the age of 65 will be as a result of heart disease
- Almost 60,000 people die annually from a stroke in the UK
The value of a parent
Being a parent and raising a child can be very expensive. Spending money on your child’s food, clothes, childcare, school fees and other essential items all adds up. The latest research form Legal and General shows that over 18 years, parents spend an average of £123,552 raising children.
This means the value of a parent is around £28,000 per annum. Heaven forbid, but how would you cope without that income? Talk to us.