Life Insurance News

We know the world of life insurance has many terms which are confusing. To help you better understand we have listed the terms and their corresponding explanations below. Accidental Death Benefit This covers you if you die within 90 days after an incident. This is typically offered during the period in which your life cover […]

A typical question asked by couples is whether they have the option of taking out a single or a joint life insurance policy and which is best recommended. To help you better understand we have laid out some of the main differences below. Pay-out on first death The main reason couples are tempted by a […]

The latest from the insurance sector see the withdrawal of French insurance giant AxA. It made a deal of £295m by selling its insurance brokerage Bluefin to rival firm Marsh. The company took this harsh decision as it was struggling to manage sustained profits for a decade. AxA plans expansion in faster growing regions and […]

Zurich’s Level Protection Plan can be purchased as a life cover or a critical illness cover. This means it will offer a pay out in case the policyholder dies or catches up with a critical illness. Cover is offered for illnesses which may result in the death of the person in a year or is […]

Zurich’s Level Protection Plan has a cover that includes life insurance and critical illness plan that protects the policy holder’s family, business and supports to pay off an interest only mortgage or loan. The cover lasts for a pre decided number of years and will pay off lump sum if you die or go through […]

Gift inter vivos are a special kind of term life insurance to cover the receiver from the inheritance tax liability over any gift. This gift could be anything including a cash lump sum given during the lifetime of the donor. It becomes inheritance tax free only if the donor survives for an immediate seven years […]