Life Protection
Providing financial security for your family when they need it most.
Most people take out life assurance to provide for their families and alleviate financial worries at a difficult time. The right policy depends on your individual circumstances — your family situation, any outstanding mortgage or debts, and the level of income your family would need to maintain their standard of living.
As independent advisers with access to the whole of the market, we can compare policies from a wide range of providers to find the most suitable and cost-effective cover for you.
Types of Life Assurance
Level Term Assurance
Pays a fixed lump sum in the event of death during the term of the policy. The sum assured remains constant throughout, making it straightforward to understand and budget for.
Decreasing Term Assurance
Works similarly to Level Term Assurance, but the benefit decreases over the term of the policy — typically in line with a repayment mortgage. Often used to protect a mortgage liability.
Family Income Benefit
Instead of paying a lump sum upon death, this policy pays a regular monthly or annual tax-free income to your family for the remainder of the policy term — helping to replace lost earnings.
Whole of Life Assurance
Unlike term assurance, whole of life policies have no fixed end date and are guaranteed to pay out upon death whenever it occurs. Often used for inheritance tax planning or to cover funeral costs.
Why Take Independent Advice?
The life assurance market is large and the range of products available can be confusing. Premiums for the same level of cover can vary significantly between providers, and the terms and conditions of policies differ in ways that are not always obvious.
Our independent advisers will assess your needs, explain the options clearly, and recommend the policy that offers the best value and most appropriate cover for your circumstances — with no obligation to any particular provider.
SBC Financial is a trading style of Steven John O'Neill, who is authorised and regulated by the Financial Conduct Authority. FCA reference number: 997666. The value of protection policies and the premiums payable will depend on your individual circumstances. Always ensure you read the key features document before taking out any protection policy.
Speak to one of our independent advisers today to find the right life assurance for you and your family.
Contact Us