As we pull together plans for Christmas and often, we are looking to spend it with our loved ones. But what if the worst were to happen, would your loved ones still be able to have a Christmas?

Protecting your family’s finances can ensure the least disruption to those events that can be particularly difficult to face for loved ones after losing someone important.

Here are three types of life insurance to help protect your family

1. Life insurance

Life insurance gives you much needed peace of mind in knowing that if you were to die while you’re covered by the policy, it could pay out a cash sum. It could be used to help protect your family’s lifestyle and everyday living expenses or help to pay the mortgage.

2. Decreasing life insurance

If you have a young family and you own a property, you may want to consider decreasing life insurance, which is designed to protect a repayment mortgage. Your cover amount decreases approximately in line with the way a repayment mortgage decreases.

3. Critical illness cover

If you can stretch your monthly budget a little further, it might be worth looking into Critical Illness Cover too. It’s an option that can be added for an extra cost when you take out our Life Insurance or Decreasing Life Insurance, and could help minimise the financial impact on you and your family if you were to become critically ill. Children’s Critical Illness Cover is often included, which could offer some financial relief during a difficult time.

If you’d like to discuss how best to protect your family should the worst happen, get in touch today, call us on 01233 512012 or click below.