When your annual notice to renew your home or car insurance comes through, many of us will find the time to have a quick shop around to see if we could save some money. In doing this, without even realising it, we’re continuously making sure our policy is still right for our needs - as subtle changes over a period of a few years can mount up.
Comparing lots of different policies is a worthwhile process and more often than not, it’s surprising how much you can save.
In contrast, for many people, it’s a different story when it comes to life insurance. Life insurance policies often last between 15-30 years, so it's no wonder why so many people don’t consider looking at it or making changes. This is particularly concerning when you consider that our lives, lifestyles, health and what’s important to us is always changing, so it’s always important to know whether your life insurance policy is still up to the job.
The good news is, the process for looking for a life insurance policy will be incredibly familiar to anyone who looks at reviewing all their other insurances. Nowadays, it really couldn’t be easier to look at all the options available for life insurance.
Thinking About The Future
As life happens, so will the a reconsideration of whether your life insurance needs are still being met; whether you’re moving home, changing career, getting married, becoming a parent/grandparent or even if you’re looking at retiring - all of these events may have an impact on the cover you already have, or may want.
If you have other people who depend on your income and you don’t already have life insurance in place, the best time to buy a policy is right now.
Right For You
At Cavendish, we’re committed to providing our customers with the information they need to make an informed choice about what kind of policy is right for them.
We have plenty of useful information and guides on our website, in particular to the difference between ‘term’ life insurance and ‘whole-of-life’ insurance (also known as life assurance).
Get In Touch
If you don’t currently have any cover in place or you’re unsure if your cover still meets your needs - the team at Cavendish can help.