The UK has widely seen prices escalate and increase many saying we are in a cost of living crisis. How is this relevant of Life insurance?
Life insurance is a contact which pays an "agreed" sum of money is we pass away. This contract usually has a term or time frame the protection is in force an an associated premium for this protection - subject the the application at that time.
Now if we agree a sum of money or protection years ago to cover the weekly shop and inflation changes what does this protect? Whilst the protection is cheap monthly fee but how relevant of that to covering the bills. After all the bills are going up but is your life insurance and illness protections?
Golden Rock Solutions can give free independent advice to reuse the existing protection?, replace? and or make new life insurance future proof no matter how inflation changes
A life insurance and protection review is free and could be the difference you and family need in the known events of illness and passing away
