We all want to protect our children as much as we can against all of the elements that life throws at them. We insure our homes, our contents, our cars, our holidays and even our mobile phones. But what do we do to protect our children financially in the event of the untimely death of one or more of their parents? If the main income earner passes away how does the surviving parent cope with the dramatic fall in income? How do they cope with the day to day costs of providing food, paying utility bills, paying for children’s clothes, paying school expenses and much, much more?
The answer is to insure the lives of both parents. The cost of Life Assurance can be very good value and the younger you take out a policy the cheaper the premium can be. We will help you to decide on how much life assurance you need and for how long you need it. To find out more and to obtain a competitive quote, talk to us today.
Did you know that if you take out a Pension Term Life Assurance Policy that you can offset the cost of the premium against income tax, subject to Revenue rules?