Life Insurance
Protecting your loved ones
Taking out life insurance, alongside your mortgage, is a good financial decision. Not only are you protecting your loved ones, but you are also reducing the financial burden that can come to them in the case of you becoming seriously ill or worse.
At RB Financial, our team of financial advisors will help find you the right life insurance cover that fits your specific needs, including options for pre-existing conditions.
Contact our Colchester-based team today
Why do I need life insurance?
Having life insurance signals that you want to provide a financial safety net for your loved ones in the event of your passing away unexpectedly. These types of cover help your family cover the significant costs that can arise, and help them maintain their standard of living, as well as ensuring that they can remain in your family home even if you’re not there anymore.
If you’re unsure or need guidance on finding the most suitable life insurance cover, speak with our team of Colchester-based experts who are more than happy to help.
Life Insurance Benefits
Whilst one of the most notable benefits, which has been covered, is the financial safety net that life insurance policies provide. There are other benefits to having life insurance that make having a policy an excellent option for anyone. These include:
- Paying for funeral costs and final arrangements
- Paying for school fees
- Covering childcare for young children
- Having the option to include other insurance packages in your policy
- Repaying unpaid debts to remove the burden on your family
Why choose RB Financial?
Protecting your family by removing the financial burden of keeping up with mortgage repayments and having to make hard financial decisions in the untimely event of your passing is one of the most caring and compassionate decisions one can make.
Our Colchester-based team understands the difficult nature of speaking about your financial responsibilities when you’re gone, and will discuss your requirements with the utmost care and professionalism, leaving you with peace of mind, so you can continue making memories with your family. And will help you find the right life insurance policy that will cover all the necessary financial needs your family requires.
Mortgage Services
Frequently Asked Questions
What is the best age for life insurance?
There is no "best age" for life insurance, and there is never a bad time to get life insurance. In general, the best time to get life insurance is when you have financial dependents or when you're buying a first home. If you're unsure whether you can get life insurance, speak with our team, who will advise you further.
How long should I get life insurance?
We recommend that when looking to get life insurance, to take out a policy for the length of your mortgage, as if you were to pass away unexpectedly, your family will still need to continue with the mortgage repayments. This is one of the core benefits of life insurance.
Can I still get life insurance with a critical illness?
You can still get life insurance with a critical illness, but your options, cost and coverage will vary depending on the illness you have.
We recommend always being upfront regarding any illness you have to ensure payments can still be made in the worst-case scenario. If you're unsure about your illness and coverage from life insurance, our team of experts will discuss your situation with compassion and care, helping you feel more informed and confident about your policy.