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Home /Family Life Insurance Quote
There are two ways you can provide life insurance cover (also known as life assurance cover) for your family.
You can either:
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Provide a cash sum (lump sum), all in one go upon death or,
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You can provide an income tax free and guaranteed from the date of death until the policy end date.
For example if you would like your dependents to receive say £200,000 if you die and then nothing else then you should select the lump sum option.
Alternatively it might be better (and cheaper) to calculate how much your dependents need to live on if you die.
So supposing your family shopping bill, plus monthly electricity, gas, phone bills plus all your other clothing and household expenses comes to £1,000 per month, then you should insure £1,000 x 12 = £12,000 on a “Family Income Benefit” plan.
This means that if the life assured dies the plan will pay £1,000 per month guaranteed and tax free from the date of death until the end of the plan term. This is an excellent way of protecting your family.
Life Insurance News
Salt intake linked to cardiovascular disease
Cutting back on salt consumption can significantly reduce the risk of developing cardiovascular disease, according to a new study.
Published in the British Medical Journal, the investigation suggests that lowering salt intake can reduce the chances of developing the symptoms of cardiovascular disease by up to a quarter.
British scientists also estimate that a diet with less salt could lower the risk of death from cardiovascular disease by as much as a fifth.
A catalogue of research over the years has identified a link between salt consumption and higher blood pressure, which is known to increase the risk of a heart attack.
"Our study provides unique evidence that sodium reduction might prevent cardiovascular disease and should dispel any residual concern that sodium reduction might be harmful," the report reads.
The research featured volunteers who had participated in two previous investigations into hypertension and used results obtained from over 2,400 patients in total.
Vegetarians deserve life insurance benefits like non-smokers
Non-meat eaters should receive a reduction on their life insurance premiums and critical illness cover costs, according to Animal Friends Insurance.
Elaine Fairfax, managing director of the non-profit organisation - which has just launched its own life cover package - said that vegetarians would get a six per cent discount on their life insurance premiums due to their reduced chances of developing life-threatening diseases.
"In this country the reason for most people's vegetarianism is mainly to do with animal welfare whereas in America it's due to health," she explained.
"At the moment we are very aware that if you smoke you are at more risk of contracting certain diseases than if you don't smoke and we're hoping that in years to come the same awareness will apply to eating meat."
She concluded: "We're not here to preach to people about what they should eat but we just want people to know about the effects on their health of not eating meat and we think they should be rewarded just as non smokers are."
Ms Fairfax's husband Chris, a spokesman for the firm, added: "What we want to achieve is the position where we can look at the data and provide discounted premiums to vegetarians based on the evidence that they are at less risk of harmful cancers and heart disease."
According to the Vegetarian Society, non meat eaters are 30 per cent less at risk of suffering a heart attack and 40 per cent less likely than meat eaters to contract serious cancers.
Daily exercise can increase cancer survival for men
Basic daily exercise reduces cancer death risk in men by 33 per cent, a study has revealed.
Swedish researchers at the Karolinska Institute examined the effects of physical activity on cancer risk in men aged between 45 and 79. They observed the lifestyle habits of 40,708 men from central Sweden.
Over seven years, 3,714 developed cancer and 1,153 died from the illness. The scientists found men who did half an hour's walking or cycling a day had a 34 per cent lower risk of dying from cancer than those who did less or no exercise at all.
Lead author of the study, Professor Alicja Wolk, said: "These results clearly show for the first time, the effect that very simple and basic daily exercise such as walking or cycling has in reducing cancer death risk in middle-age and elderly men."
Professor Wolk called the data "promising" and hoped to further explore the role exercise plays in preventing cancer in the future.
The findings were published in the British Journal of Cancer yesterday (May 26th). Dr Lesley Walker of Cancer Research UK welcomed the findings. She said: "It's encouraging to see research that helps us understand in more detail what steps men can take to reduce risk of cancer."
Cancer Research UK advises not smoking, maintaining body weight, a sensible diet and regular exercise as key to a healthy life.
The study results arrive before National Men’s Health Week (June 9th to 15th), which hopes to encourage men to take advantage of health initiatives available at work.
Cutting back on salt consumption can significantly reduce the risk of developing cardiovascular disease, according to a new study.
Published in the British Medical Journal, the investigation suggests that lowering salt intake can reduce the chances of developing the symptoms of cardiovascular disease by up to a quarter.
British scientists also estimate that a diet with less salt could lower the risk of death from cardiovascular disease by as much as a fifth.
A catalogue of research over the years has identified a link between salt consumption and higher blood pressure, which is known to increase the risk of a heart attack.
"Our study provides unique evidence that sodium reduction might prevent cardiovascular disease and should dispel any residual concern that sodium reduction might be harmful," the report reads.
The research featured volunteers who had participated in two previous investigations into hypertension and used results obtained from over 2,400 patients in total.
Non-meat eaters should receive a reduction on their life insurance premiums and critical illness cover costs, according to Animal Friends Insurance.
Elaine Fairfax, managing director of the non-profit organisation - which has just launched its own life cover package - said that vegetarians would get a six per cent discount on their life insurance premiums due to their reduced chances of developing life-threatening diseases.
"In this country the reason for most people's vegetarianism is mainly to do with animal welfare whereas in America it's due to health," she explained.
"At the moment we are very aware that if you smoke you are at more risk of contracting certain diseases than if you don't smoke and we're hoping that in years to come the same awareness will apply to eating meat."
She concluded: "We're not here to preach to people about what they should eat but we just want people to know about the effects on their health of not eating meat and we think they should be rewarded just as non smokers are."
Ms Fairfax's husband Chris, a spokesman for the firm, added: "What we want to achieve is the position where we can look at the data and provide discounted premiums to vegetarians based on the evidence that they are at less risk of harmful cancers and heart disease."
According to the Vegetarian Society, non meat eaters are 30 per cent less at risk of suffering a heart attack and 40 per cent less likely than meat eaters to contract serious cancers.
Basic daily exercise reduces cancer death risk in men by 33 per cent, a study has revealed.
Swedish researchers at the Karolinska Institute examined the effects of physical activity on cancer risk in men aged between 45 and 79. They observed the lifestyle habits of 40,708 men from central Sweden.
Over seven years, 3,714 developed cancer and 1,153 died from the illness. The scientists found men who did half an hour's walking or cycling a day had a 34 per cent lower risk of dying from cancer than those who did less or no exercise at all.
Lead author of the study, Professor Alicja Wolk, said: "These results clearly show for the first time, the effect that very simple and basic daily exercise such as walking or cycling has in reducing cancer death risk in middle-age and elderly men."
Professor Wolk called the data "promising" and hoped to further explore the role exercise plays in preventing cancer in the future.
The findings were published in the British Journal of Cancer yesterday (May 26th). Dr Lesley Walker of Cancer Research UK welcomed the findings. She said: "It's encouraging to see research that helps us understand in more detail what steps men can take to reduce risk of cancer."
Cancer Research UK advises not smoking, maintaining body weight, a sensible diet and regular exercise as key to a healthy life.
The study results arrive before National Men’s Health Week (June 9th to 15th), which hopes to encourage men to take advantage of health initiatives available at work.