Having a financial spring clean? Then why not take a look at our quick checklist for life insurance, today!
1. Check out our page about writing your policy into Trust
Over the years the Cavendish Online team have worked hard to put together a wealth of resources to help people educate themselves on Life Insurance and associated issues via news articles (like this one!) and pages across our website.
2. Consider writing a will
There is no time like the present to get organised, so why not consider writing a will stating what you want to happen to everything you own when you die.
If you have ever thought about writing a will, but didn’t know where to start, fear not. Cavendish Online is proud to have partnered with Farewill, the UK’s #1 online will writing service* - and can offer Cavendish Online customers 10% off Farewill wills using the code 'Cavendish-10' at the checkout.
Farewills team of experts are there 7 days a week to help you make a will from the comfort of your own home. Whether you have a question about their will writing service, or if you need help with a specific section, they are only a message or phone call away.
Find out more about Farewill and will writing here:
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3. Protect your income
You’ve sorted your Life Insurance, which is great, but have you considered how you would be able to support yourself and your loved ones should you be unable to work due to illness or injury?
Note that most modern income protection policies do not include cover for redundancy/unemployment. However, there may be other types of policies available through our advice team which include unemployment cover – for more information please click here to speak to an adviser.
4. Get clear on what is included in your policy
Life can be full of unexpected twists and turns, but did you know that many life insurance policies include added benefits to help you through them (often for no additional cost!).
It’s always worth reading through your policy summary and Key Facts Document so that you can be confident on what your policy covers you for and any additional benefits you may be able to access.
Depending on the policy type and your chosen insurer, added benefits can range from things such as remote GP services, access RedArc services, bereavement support, fracture cover and additional claims support.
If you are in doubt of what additional benefits are offered through your life insurance policy, you should contact your chosen provider directly as they should be able to clarify this for you.