What is a life insurance?

Life insurance or life assurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a fixed sum of money upon the death of the insured person. The contract holder usually pays premium for the agreed period of time and in case of his death dependents get a lump sum from the insurer.

An individual can use life insurance for many reasons. The most common reason is to protect family members from financial distress. It is advisable to get a life insurance when family has mortgage or other financial obligations and it would be difficult to pay it back in case of death of wife or husband.

At what age could I apply for life insurance?

Life insurance is usually available for persons aged between 18-75 years old. Tailored life insurance for 18 years old, 20 years old, 26 years old, 47 years old, 49 years old, 40 years old, 57 years old, 59 years old, 64 years old.

What are typical life insurance cover amounts?

Typical cover amounts £20,000 life insurance, £25,000 life insurance, £50,000 life insurance, £150,000 life insurance, £200,000 life insurance.

Where could I apply for life insurance plans?

You could apply for life insurance cover everywhere including the following locations London, Birmingham, Scotland, Liverpool, Aylesbury, Norwich.