26 Lowther Street, Carlisle, CA3 8DA
Life Insurance helps us prepare for the unexpected, which happens more often than we think. Life insurance enable you to protect those that matter the most.
Talking about dying and leaving those we love the most behind is not an easy topic for discussion. Our advisers can help facilitate that conversation so that you and your family can discuss how to secure their financial future should the worst happen. Having life insurance in place means that if you die within the term of the policy your dependents will receive a lump sum or regular payments.
This payment could then be used to pay off a mortgage so that your family can afford to remain in the family home. It may be used to keep children in the lifestyle they have become accustomed to or provide savings or university fees for the future you wanted for your family – even if you are not around.
The cost of your insurance premiums will depend on the level of cover you’d like to achieve, as well as personal factors such as your age, health and lifestyle at the time you take out the policy.
Although no amount of money can replace a loved one, it can help those left behind to weather the financial storm left in your absence.
Level term life insurance covers a specific sum which will be paid out in the event of your death. This cover, and your monthly payments, remain the same throughout the length of your policy, and your monthly payments also stay the same.
With a decreasing term life insurance policy, the amount of cover reduces each month, usually to cover the cost of a repayment mortgage, and annual interest rates apply. However, your monthly payments stay the same unless you make a change to the life insurance policy.
A whole of life insurance policy will guarantee to pay out a fixed amount should you die which can be reassuring for you and your loved ones. The premium costs are usually higher, however, so a whole of life policy may not be suitable for everyone.
There are specific life insurance policies available for the over 50s or couples who may benefit from a joint life insurance policy. Our expert protection advisers can also research an extensive panel of providers and recommend specialist cover for those with existing illnesses or health conditions, such as diabetes.
Here at Stan Sherlock Associates, we believe financial advice should be holistic. Financial decisions should never be made within a silo as one almost always affects another. When you come to us for advice on your life insurance, you get an experienced team of experts. Securing your financial future is at the heart of all we do. We build long term relationships with our clients and provide you with an advice service throughout your lifetime. We will always work with you to ensure you have the right protection for your situation.
Based in the picturesque county of Cumbria, we have clients from across the UK. We regularly work with clients from London, The Shires, the Northeast and throughout the UK. many of our advice services can be provided by phone and email but our mortgage advisers are always happy to meet you face to face.
Plan for the unexpected and protect your loved ones with expert life insurance advice.
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Disclaimer: The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it.
Registered Address: 26 Lowther Street, Carlisle, Cumbria, CA3 8DA
Company Number: 05718865
Stan Sherlock Associates Limited is an appointed representative of the Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the financial conduct authority.
The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Most buy to let mortgages are not regulated by the financial conduct authority.
Approved by The Openwork Partnership on 16/12/2024
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