Image showing a lifebuoy next to some water

Life Assurance Broker Services

We all hope that our loved ones will continue to live a comfortable and enjoyable life after we pass away. A life assurance policy is one of the ways you can make that happen due to its guaranteed payout to your loved ones. Learn more about life assurance below and speak to Taylor James for a personalised consultation.

What is life assurance?

Life assurance is a type of life insurance policy that continues indefinitely until you pass away, provided you keep up with all premium payments. Life assurance may also be known as a whole of life policy. 

If you pass away with a life assurance policy, your beneficiaries will receive a lump sum payment from the life assurance provider. The payment they will receive will depend on the policy you choose. This is different to term life insurance where the policyholder is only insured for a fixed term and if the policyholder passes away after the term ends, there is no payout. 

Image showing a family of three generations looking out over the sea at sunset

What is life assurance? (continued)

The premiums for life assurance are typically higher than fixed-term life insurance policies because the policy provider knows it will have to make a payout to beneficiaries at some point. 

Image showing a model family being protected by a mini umbrella being held by a hand out of shot

Choosing between life assurance and fixed-term life insurance

The choice between a life assurance policy or a fixed-term life insurance policy is an entirely personal one which should account for your specific needs and preferences. However, life assurance is typically more suitable for over 50s even if you have pre-existing medical problems. On the other hand, term life insurance policies are usually better for new parents and families with a mortgage.

Image showing an older couple smiling while looking at a laptop together

Why consider a financial adviser for your life assurance search

It can be beneficial to use a financial adviser to help you choose and apply for a life assurance policy. The financial adviser will start by getting to understand your needs. They will then search for the most suitable options across the whole market to find the best options. Advisers might even recommend a different type of policy if applicable.

Using a financial adviser will prevent you from choosing a policy that doesn’t fit your needs and preferences, giving you peace of mind that loved ones will be taken care of as you expect should you pass away. 

Image showing an older couple in a meeting with an adviser

Start protecting your family with Taylor James

Our life assurance broker service is centred entirely on your needs so you get a policy that does what you want. Contact Taylor James now to guarantee a payout to your loved ones after you pass away. 

Image showing an older couple sitting on a sofa with an adviser signing a document

Call us today for a no obligation chat about planning your financial future.

Call: 0203 859 3320

Email: contact@taylorjamesfs.co.uk

Please note:

  • The plan will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Toby is a very professional Financial advisor. He has great product knowledge and did a really good job of sorting out our Mortgage and Life Insurance. Highly recommended.
T J

FAQs

When should you consider getting protection advice?

Clients usually contact Taylor James about protection and insurance advice and brokering when they reach key life milestones, such as purchasing their first home or starting a family. However, there is no wrong time to consider protection options if you want immediate peace of mind and assurance. Uncover your options today by booking a consultation with our fully qualified financial advisers. We only provide tailored advice based on your situation and preferences.

Will Taylor James advisers explain all options?

Absolutely – our team are trained to assess your suitability for the most appropriate options based on individual needs and preferences. Just because you contact us about a particular insurance product doesn’t mean we won’t assess you for other options which may be even more suitable and beneficial. We take a client-centric approach to protection advice services, rather than focusing on a specific insurance product. This ensures our clients are aware of additional options and always make informed decisions.

When should I review my insurance policies?

It’s essential to review existing insurance and protection policies to ensure that these are still relevant and provide adequate protection. Big changes should trigger insurance reviews, such as pay rises, property purchases, new additions to the family and more. We prompt our existing clients to review their policies but welcome new clients to undergo a full review of their current insurance and protection products. Our team can assist in a comprehensive policy review and provide updated protection advice.

Will Taylor James help me make a claim in the future?

It should be straightforward to claim an insurance product taken out with the help of our financial advisers. However, should you need further advice or support, our team are available to help. Contact our team today if you want pre-claim advice or support. We can also help you to understand your new situation and further protection options after making insurance claims.  

Request a call back

Please tick this box to confirm you have read and understood our privacy statement.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

FAQs

When should you consider getting protection advice?

Clients usually contact Taylor James about protection and insurance advice and brokering when they reach key life milestones, such as purchasing their first home or starting a family. However, there is no wrong time to consider protection options if you want immediate peace of mind and assurance. Uncover your options today by booking a consultation with our fully qualified financial advisers. We only provide tailored advice based on your situation and preferences.

Will Taylor James advisers explain all options?

Absolutely – our team are trained to assess your suitability for the most appropriate options based on individual needs and preferences. Just because you contact us about a particular insurance product doesn’t mean we won’t assess you for other options which may be even more suitable and beneficial. We take a client-centric approach to protection advice services, rather than focusing on a specific insurance product. This ensures our clients are aware of additional options and always make informed decisions.

When should I review my insurance policies?

It’s essential to review existing insurance and protection policies to ensure that these are still relevant and provide adequate protection. Big changes should trigger insurance reviews, such as pay rises, property purchases, new additions to the family and more. We prompt our existing clients to review their policies but welcome new clients to undergo a full review of their current insurance and protection products. Our team can assist in a comprehensive policy review and provide updated protection advice.

Will Taylor James help me make a claim in the future?

It should be straightforward to claim an insurance product taken out with the help of our financial advisers. However, should you need further advice or support, our team are available to help. Contact our team today if you want pre-claim advice or support. We can also help you to understand your new situation and further protection options after making insurance claims.