According to recent data, the average UK household spends more on the nation’s favourite beverages than they would to protect their family if they bought a life insurance policy.
The ONS Family Spending survey 2018-19 shows that households spend an average of £6.50 a month on tea and coffee, compared to as little as £5 per month it could cost to protect loved ones with life cover.
What’s more, with Brits spending an average of £5.40 a week on takeaways and £8 per week on drinks out, it’s clear that life insurance is an affordable option for many.
Cheaper than you think
Life insurance can be an awkward topic – after all, nobody likes to think about the worst happening to them. However, as the coronavirus crisis has proved, no one knows what’s around the corner and buying life cover for as little as £5 a month could help to safeguard your family’s future and turn out to be the best decision you’ve ever made.
Choosing the right cover
How much you pay for your life insurance premiums will depend on your age, health and lifestyle. We’re here to help you find the most affordable cover and help reassure you that your family would be looked after financially if you were no longer around. So do get in touch.
As with all insurance policies, conditions and exclusions will apply
Catch up on our other blog posts:
Forming Money Habits – Talk To Your Kids
The effect of the pandemic on children is immeasurable, the regular routine of school life, hobbies and celebrations evaporated overnight. One survey asked children what made them feel stressed during lockdown and discovered money worries featured high up the list,...
Get paid To Go Green As Grant Extended
The Green Homes Grant, which allows homeowners in England to claim vouchers of up to £5,000 to pay for energy-saving home improvements, has been extended. Homeowners will now have until 31 March 2022 to complete energy efficient upgrades to their home, rather than the...
Home Contents Value Rises At Christmas
With UK shoppers expected to have spent an average of £346 on Christmas gifts over the festive period, now’s the time to check whether your home insurance still adequately protects you. Expensive presents for the kids, electronic items and high cost jewellery, for...
(Your home may be repossessed if you do not keep up repayments on your mortgage)
We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)
For Lifetime Mortgages/Equity Release the fee will be £799.
Our mission is to provide honest mortgage advice, whilst helping you save money.
Get in contact
Flexible appointments
Or call —02380224925