Our client's situation
Our client was preparing to take on a larger mortgage and wanted to review their existing protection arrangements to make sure they still met their needs. They already had life insurance in place, but the cover would only have repaid part of the mortgage if they passed away, potentially leaving a significant shortfall for their household.
Having previously arranged cover without professional advice, the client was unaware that alternative options may have been available despite a well-managed medical condition. Their existing policy also carried relatively high monthly premiums, prompting them to question whether it still represented the best value and level of protection.
Our solution
Following a review of the client's existing arrangements and future mortgage commitments, alternative options were explored to identify a solution better suited to their circumstances.
A new joint protection policy was recommended that took the client's medical history into account while providing significantly improved cover for both partners.
As a result, they were able to put cover in place that was much better aligned to their needs, providing greater financial security and peace of mind for the future.
If you’d like to understand what protection might look like for you and your family, speaking to an adviser can help you find the right balance based on your needs and priorities. If you’d prefer to speak to someone directly, you can call us on 08000 38 37 36.
This is for information only. Cover, premiums and eligibility depend on your personal circumstances and insurer terms. Policies are subject to underwriting and exclusions. We’ll explain these before you decide to proceed.
