If you are looking for Life Insurance and you live in Sutton Coldfield or you work in the town, we are ideally placed to help you. Our modern office, which has on-site free car parking, is situated nearby and we think it is always better to get local financial advice from Financial Advisers in Sutton Coldfield or close by for any kind of financial planning.
Most people take out their first life insurance policy when they take out their first mortgage. We recommend that you don’t just leave this in a drawer somewhere. We advise our clients to review their policy on a regular basis for two main reasons.
Firstly, your circumstances may have changed and the current policy may not pay out enough money for your family to pay off the mortgage or meet their bills, should you die.
Secondly, new policies are regularly coming onto the market and if you don’t review your policy you could be paying more than you need to.
At Four Oaks Financial Services all of our Advisers are qualified to give financial advice to you on a wide range of protection products, including life insurance. You will never find yourself talking to a call centre, because we are a real firm with real Advisers who will meet with you face-to-face to provide advice on life insurance and if you are in Sutton Coldfield, then it is very convenient for us to visit you in your home or at our office.
The way Life insurance works is it provides a lump sum on your death, unless you bundle it with critical illness or wider protection insurance, which can provide cover if you have an accident as well as sickness.
It can also be a good idea to write your life policy ‘in trust’. This is a simple formality that ensures that the proceeds would go directly to your beneficiaries when you die. This could avoid inheritance tax and the need to obtain probate before the funds are payable. This would be exceptionally useful if your family needed access to the funds from your life insurance policy to pay off the mortgage on your home in Sutton Coldfield or pay other essential bills.
Your first meeting with one of our Advisers is at our cost and without obligation. Please call us to discuss your requirements.
Your home may be repossessed if you do not keep up repayments on the mortgage.
This Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against the loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk