Life Insurance

Life insurance is an important tool that can provide financial security for your loved ones in the event of your passing. Starting from as little as £4 per month, depending on the level of cover you choose, life insurance offers a lump sum payment to your family, ensuring they have the support they need during a difficult time.

Why Is Life Insurance Important? #

We understand that contemplating life insurance can be overwhelming, but it’s essential for safeguarding your family's financial future. If the worst were to happen, you want to ensure that your loved ones are protected and not left struggling with financial burdens. Life insurance can help cover outstanding debts, like a mortgage, or provide a financial cushion for your survivors, allowing them to grieve without the added stress of financial hardship.

How Can Key Mortgages Help You? #

At Key Mortgages, our friendly team is dedicated to helping you navigate the world of life insurance. We can provide personalized advice on the right level of cover for your unique circumstances. Whether you have children, a partner, or a spouse who depends on your income, or if you have a mortgage that needs to be settled, we’re here to help you find a plan that offers peace of mind.

Do I Need Life Insurance? #

Determining whether you need life insurance really depends on your individual situation. For instance, if you have children or a partner who relies on your income, or if you carry a mortgage, life insurance can be a crucial safety net. It’s all about ensuring that those you care about most are taken care of, no matter what life throws your way.

What Is Not Covered in a Life Insurance Plan? #

While life insurance primarily covers death, it typically does not include coverage for illness or disability. Some policies may offer a payout if you are diagnosed with a terminal illness, providing financial support during a challenging time. However, if you have a serious illness at the time you apply for the policy, you might not be covered for death caused by complications from that illness.

Can I Get Life Insurance with a Pre-Existing Medical Condition? #

Absolutely! You can still secure life insurance even if you have a pre-existing medical condition. However, it’s important to be aware that this may increase the cost of your policy. If your condition is considered ‘high risk,’ there may be limitations on your coverage, meaning your policy might not pay out if your death is related to that condition or any complications arising from it.

Let Us Guide You #

Navigating life insurance can feel complex, but at Key Mortgages, we’re here to simplify the process for you. Our team is ready to answer your questions, clarify any uncertainties, and help you find a policy that fits your needs. Together, we can ensure that you have the right protection in place, giving you and your loved ones peace of mind for the future.