Life Cover

Life cover is a way of ensuring that there is enough money to help protect the people and business interests that matter to you if you die (if you are the life assured).

Life cover products are designed to pay out a cash sum in the event of your death. Some will also pay out a cash sum in the event of diagnosis with a terminal illness while the policy is valid. The cash sum paid out is known as the sum assured and the time that the plan is valid for is known as the term. The plan will end when we pay out the sum assured. If the sum assured has not been paid out by the end of the term, the plan will end and you will get nothing back.

Why do I need life cover?

There are several reasons why life cover may be important to you. Life cover can:

• help provide for your family in the event of your death during the plan term.
• provide a way of paying off your commercial/residential mortgage and other outstanding loans if you die during the plan term.
• help shield a business from the impact of one of the partners or directors dying or being diagnosed with a terminal illness.
• provide cover for key people within a business, directors or partners for example.

When should I review my life cover?

You should review your life cover needs regularly as well as at any time that there are major changes to your life such as marriage, promotion at work, the birth of a child, moving house or a change of job.



Commercial Insurances

Access Mortgages offers a professional service with products designed to suit your needs.

NPIB provide fast quotations at attractive rates for many types of Commercial Insurance including property owners, most tradespeople, shops, offices and homeworkers.

Access Mortgages cater for all types of businesses from small operations to large organisations. To discuss your requirements call Access Mortgages direct on 0121 447 8606 or email us on info@accessmortgages.uk.com.