Our Company

6 The Old Quarry, Nene Valley Business Park, Oundle, Northamptonshire, PE8 4HN

T: 01832 734047

T: 0330 043 4321

E: enquiries@candd.uk.com

 

C & D Specialist Insurance is a trading style of C&D Group Holdings (UK) Ltd (the new re-branded name for Cozens & Dean Financial Services Ltd) which is authorised and regulated by the Financial Conduct Authority Registered in England 781580.

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Registered in England & Wales No. 8271821. Registered address: Bank Chambers,
27a Market Place, Market Deeping, Peterborough, Cambridgeshire, England, PE6 8EA

©2019 by C&D

99% OF OFFSHORE OCCUPATIONS COVERED WITH NO INCREASED PREMIUMS

HOW MUCH LIFE INSURANCE DO I NEED

HOW MUCH LIFE INSURANCE DO I NEED

HOW MUCH LIFE INSURANCE DO I NEED?

If you’ve ever asked yourself this question, listen up! This one’s for you.

You’d think that in answering the question ‘how much life insurance do I need’, the response would be fairly straight-forward. However, it’s not always the easiest thing to work out, if you don’t know what things to factor in to get the answer.

How much life insurance you need will depend on factors including your circumstances and the type of protection that you’re looking for.

For example, you may be looking to protect your mortgage, cover additional debts, or provide a cash lump sum for your loved ones to maintain their standard of living in the event that you are no longer able to provide for them if you were to fall critically ill or pass away.

There’s no one-size-fits-all solution when it comes to answering ‘how much life insurance do I need’, as the amount of cover and how long it lasts for will vary from person to person. Nevertheless, we will help you find the most suitable cover for you and your individual needs if you’re unsure of what level of life insurance cover is right for you.


ARE YOU THE HOUSEHOLD’S PRIMARY EARNER?

If you are, it’s likely that your mortgage repayment is probably your single biggest outgoing at the moment. It’s also likely that you won’t want to burden your loved ones with it in the event of your death. So, a life insurance policy with mortgage cover could provide the type of protection you’re seeking.

So how does life insurance that pays out a tax-free lump sum, which will then clear your entire mortgage balance, with no increased premium sound?

You can start to benefit from this life insurance as long as you work in the
offshore industry and are:

Employed
Self-employed
Limited company contractor
Did you know we can even help provide cover for your partner or spouse regardless whether they are working or not?


PROVIDE FINANCIAL PROTECTION FOR YOUR LOVED ONES

Just imagine how far a tax-free cash lump sum would go with your family… Would it allow them to carry as normal as possible in your absence? Would it provide them with the ability to pay the mortgage and additional debts with ease?

The policies we help arrange are designed with all different families in mind as we understand that no two families are the same and everyone’s circumstances are different. Regardless of your individual circumstances, the life insurance cover we help arrange does have one thing in common, it aims to reduce the financial burden left on families after losing the households main earner.

There are different types of cover available that allow you to set the level of cover you need, decide how long for and if you die in that period, the policy will pay out.

Want to find out how much you could be saving with us? Get a free quick quote today to see.
However, if you’re not sure you can speak with one of our helpful, fully-qualified advisors, that will help find the best cover for you.


BUT I’VE ALREADY GOT COVER

If you’ve already got cover, don’t worry as we can still help. We want to help everyone make savings on their life insurance policy. That’s why we provide a free policy review so that you can see if you could be saving with us if you think you are paying out too much for your current policy.

“DO YOU PROVIDE CRITICAL ILLNESS COVER?”

Luckily, yes you can add critical illness cover to your life insurance policy. We understand that there is no other way to be prepared for critical illness striking, as it can occur at any time to anyone, sometimes it doesn’t even display any symptoms.

But we do recommend making sure that you are prepared in the event that it was to strike. By investing in Critical Illness cover you are not only providing financial protection for your loved ones, but you are giving yourself the opportunity to focus on recovering back to full health without worrying about outgoings.

For you, the cover can help with things like care costs, medical bills, or even travel abroad for treatment. For your family, it can provide a real lifeline as it helps cover your financial commitments in a major health crisis.


INCOME PROTECTION INSURANCE


In the event that you are unable to work, you want peace of mind that your wages are protected, right? Income Protection can cover up to 70% of your pre-tax pay if you are unable to work. That’s why we recommend Income Protection Insurance as an essential cover you can buy, as it makes being unable to earn less of a worry.


WHY CHOOSE US

We don’t like to brag, but we are the only RMT Union Approved broker in the whole of the UK with award-winning advice, which is something we are proud of. We have over 25 years experience in the specialist insurance market so rest assured, we know our stuff and your industry inside-out so that we are able to provide you with the best high risk life insurance coverage for you and your loved ones.

We understand that working out how much cover you need isn’t the easiest task, so if you’re not 100% sure how much life insurance cover you need, do not hesitate to get in touch. We’ll happily point you in the right direction.

WE RECOMMEND

Term Assurance is the type of cover that we most often recommend, although we fully understand that every individual’s circumstances are different and upon a conversation with you, we will explore what is the best option for you.

Our affordable high-risk life insurance pays out on the death of the policyholder for the period insured and you can set the levels of cover you need, for any duration, with Term Assurance. If you die within that period, the policy pays out and many policies pay early if you find that you have under 12 months to live.

AWARD WINNING EXPERT ADVICE

Speak with an Adviser who will answer any questions you have, and find the best cover for you.