Should I Place My Life Insurance Policy Into Trust?

Should I Place My Life Insurance Policy Into Trust?

Placing a life insurance policy in trust means that someone else – your chosen trustee(s) – is looking after it. This person looks after the policy and will make a claim in the event of the settlor’s death (the person who created the trust and pays the premiums).  The...
What does life insurance cover?

What does life insurance cover?

Life insurance covers your family or chosen dependents with a lump sum payout when you die. What’s covered? Life insurance covers: ✔ Death Your loved ones will get a lump sum when you die. ✔ Terminal illness If you’re diagnosed with a terminal illness with a...
Why are So Many of us Still not Insured?

Why are So Many of us Still not Insured?

‘’It won’t happen to me’.  If you’ve watched my video on www.lizzieslife.co.uk you will see how close to my heart this comment is.  A common perception amongst many people particularly those that are young.  But the truth is death comes to all of us and many people...

How Much Does It Really Cost To Raise A Child?

I know it’s a daunting thought, but have you ever actually considered the impact on your family if the worst would happen to your partner?  It’s scary and something most of us probably want to avoid thinking about. But what if it really did happen?  Putting aside the...
Do Life Insurance policies actually pay out?

Do Life Insurance policies actually pay out?

One of the things we always hear is that there’s no point in taking out a Life Insurance policy because they don’t pay out. Here’s a message we received today showing payments by just one insurer – Zurich – in 2020. They paid out over...