Whilst it is a foregone conclusion that we will all die at some point, it is not necessarily something that any of us wish to think about but a little thought now, will ensure we are financially ready.

Vesta Money uses one of the UK's leading life insurance brokers to provide its life insurance services and therefore are fully qualified to search the entire market to ensure that you get the right cover at the lowest possible price.

We have provided below some brief descriptions of the different types of life insurance that we are able to offer.

Level Term Assurance
Provides cover with fixed premiums for a number of years and a full payout on claim at any point during the term.

Increasing Term Assurance
The cover increases every year, as the name suggests, without the need for a medical. This cover is not as popular as Level Term, but it should be a consideration as people may require additional cover in line with increases in their income and inflation.

Decreasing Term Assurance
The payout reduces over the cover period at a flat fixed rate each year.

Mortgage Protection Assurance
Life assurance where the lump sum reduces in line with the outstanding mortgage balance over time.

Renewable Term Assurance
A short term policy and therefore cheaper initially and commonly used for protecting Company Directors. Importantly, it can be renewed without further medical evidence.

Family Income Benefit Assurance
Instead of paying out a lump sum, this type of cover provides a tax-free annual income until the end of the term specified at outset.

Whichever policy you may choose, make sure you get the best quotes for your requirements by contacting our team on 08701 631676, or alternatively, click here to open our life insurance enquiry form, which will open in a new window.