{"id":573,"date":"2025-06-20T10:38:15","date_gmt":"2025-06-20T09:38:15","guid":{"rendered":"https:\/\/spencerhayesprotect.co.uk\/?page_id=573"},"modified":"2025-06-20T11:43:16","modified_gmt":"2025-06-20T10:43:16","slug":"life-insurance","status":"publish","type":"page","link":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/personal-protection\/life-insurance\/","title":{"rendered":"Life Insurance"},"content":{"rendered":"<section class=\"l-section wpb_row height_auto width_full\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_2 laptops-cols_inherit tablets-cols_1 mobiles-cols_1 valign_middle type_boxes reversed stacking_default\" style=\"--columns-gap:0px;\"><div class=\"wpb_column vc_column_container us_custom_db52f5f2 has_bg_color stretched\"><div class=\"vc_column-inner\"><\/div><\/div><div class=\"wpb_column vc_column_container us_custom_d3c9c392\"><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h3><strong>Life <span style=\"color: #8e9cb1;\">Insurance<\/span><\/strong><\/h3>\n<p><strong>What Is Life Insurance?<\/strong><\/p>\n<p><strong>Life Insurance<\/strong> is one of the most important financial protections you can have. Whether you&#8217;re safeguarding your home, securing your children\u2019s future, or supporting a partner, Life Insurance provides peace of mind that your loved ones will be financially cared for if the worst happens.<\/p>\n<p><strong>What Does Life Insurance Do?<\/strong><\/p>\n<p>Life Insurance pays out a lump sum to your chosen beneficiaries if you pass away or are diagnosed with a terminal illness. This can help cover:<\/p>\n<ul>\n<li>Funeral costs<\/li>\n<li>Mortgage or rent<\/li>\n<li>Household bills<\/li>\n<li>Everyday living expenses<\/li>\n<\/ul>\n<p><strong>It acts as a financial safety net when your family needs it most.<\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_auto width_full color_primary\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_2 laptops-cols_inherit tablets-cols_1 mobiles-cols_1 valign_middle type_boxes stacking_default\" style=\"--columns-gap:0px;\"><div class=\"wpb_column vc_column_container us_custom_d3c9c392\"><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h4><strong>Types of Life Insurance<\/strong><\/h4>\n<p><strong>1. Term Life Insurance<\/strong><\/p>\n<p>Covers you for a set period (e.g. 10, 20, or 30 years). Ideal for mortgage protection and family cover. More affordable than whole of life.<\/p>\n<p><strong>2. Whole of Life Insurance<\/strong><\/p>\n<p>Lifelong cover that guarantees a payout. Commonly used for funeral costs or leaving an inheritance.<\/p>\n<p><strong>3. Universal Life Insurance<\/strong><\/p>\n<p>A flexible policy with a savings element. Less common in the UK but may suit those wanting adjustable cover and premium options.<\/p>\n<\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container us_custom_cb17cd3c has_bg_color stretched\"><div class=\"vc_column-inner\"><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_auto width_full\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_2 laptops-cols_inherit tablets-cols_1 mobiles-cols_1 valign_middle type_boxes reversed stacking_default\" style=\"--columns-gap:0px;\"><div class=\"wpb_column vc_column_container us_custom_fbd8846e has_bg_color stretched\"><div class=\"vc_column-inner\"><\/div><\/div><div class=\"wpb_column vc_column_container us_custom_d3c9c392\"><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h4><span style=\"color: #8e9cb1;\">Need to <\/span>know more?<\/h4>\n<p><strong>When Should You Get Life Insurance?<\/strong><\/p>\n<p>The sooner, the better. Premiums are typically lower when you&#8217;re young and healthy. Life Insurance becomes essential once you:<\/p>\n<ul>\n<li>Buy a home<\/li>\n<li>Have children<\/li>\n<li>Become financially responsible for others<\/li>\n<\/ul>\n<p>You\u2019re never too old \u2013 many people take out cover in their 40s and beyond.<\/p>\n<p><strong>Will My Policy Pay Out?<\/strong><\/p>\n<p>Yes, provided your policy is valid and information given is accurate. Over <strong>96% of claims are paid<\/strong> (ABI 2022-2023). Policies written into trust can help avoid delays and inheritance tax.<\/p>\n<p><strong>Which Is Better: Term or Whole of Life?<\/strong><\/p>\n<p>It depends on your needs:<\/p>\n<ul>\n<li><strong>Term Cover<\/strong> is more cost-effective for temporary needs like mortgage protection.<\/li>\n<li><strong>Whole of Life<\/strong> provides lifelong cover and guarantees a payout.<br \/>\nSpeak to an adviser to determine the right option for your circumstances.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_auto width_full color_primary\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_2 laptops-cols_inherit tablets-cols_1 mobiles-cols_1 valign_middle type_boxes stacking_default\" style=\"--columns-gap:0px;\"><div class=\"wpb_column vc_column_container us_custom_d3c9c392\"><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h4>Other Protection to Consider<\/h4>\n<ul>\n<li><strong>Critical Illness Cover<\/strong> \u2013 Pays a lump sum if diagnosed with a serious illness like cancer or stroke.<\/li>\n<li><strong>Income Protection<\/strong> \u2013 Provides a regular income if you&#8217;re unable to work due to illness or injury.<\/li>\n<li><strong>Over 50s Cover<\/strong> \u2013 Simple, guaranteed acceptance policies often used for funeral costs or leaving a small gift.<\/li>\n<li><strong>Business Protection<\/strong> \u2013 For company directors and business owners, including key person cover and shareholder protection.<\/li>\n<\/ul>\n<p><strong>Protect What Matters Most<\/strong><\/p>\n<p>Whether it\u2019s your family, your home, or your business \u2013 Life Insurance provides financial reassurance when it\u2019s needed most.<\/p>\n<\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container us_custom_7d83f14f has_bg_color stretched\"><div class=\"vc_column-inner\"><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_medium\" id=\"downloads\"><div class=\"l-section-overlay\" style=\"background:#ebebeb\"><\/div><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"g-cols wpb_row via_grid cols_2 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\" style=\"--columns-gap:3rem;\"><div class=\"wpb_column vc_column_container us_custom_cd895498\"><div class=\"vc_column-overlay\" style=\"background:#ffffff\"><\/div><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h4 style=\"text-align: center;\">Contact Us<br \/>\n<strong><span style=\"color: #8e9cb1;\">for Advice\u00a0<\/span><\/strong><\/h4>\n<p style=\"text-align: center;\">Get in touch today for tailored advice and a Life Insurance solution that suits your goals and budget. Telephone: <a class=\"w-text-h\" href=\"tel:0161 711 0204\"><span class=\"w-text-value\">0161 711 0204<\/span><\/a>.<\/p>\n<\/div><\/div><div class=\"w-separator size_medium\"><\/div><div class=\"w-popup w-btn-wrapper align_justify\"><button class=\"w-popup-trigger type_btn w-btn us-btn-style_7 icon_atleft\" aria-label=\"Contact Us\" type=\"button\"><i class=\"fas fa-list\"><\/i><span class=\"w-btn-label\">Contact Us<\/span><\/button><div class=\"w-popup-overlay\" style=\"background:rgba(0,0,0,0.85);\"><\/div><div class=\"w-popup-wrap layout_default position_center-center\" role=\"dialog\" aria-modal=\"true\" aria-label=\"Popup\" style=\"--title-color:#ffffff;--title-bg-color:#ed9511;--content-color:var(--color-content-text);--content-bg-color:#ffffff;--popup-width:600px;--popup-padding:5%;--popup-wrap-padding:1.5rem 0;\"><button aria-label=\"Close\" class=\"w-popup-closer\" type=\"button\"><\/button><div class=\"w-popup-box animation_fadeIn closerpos_outside with_title\"><div class=\"w-popup-box-h\"><div class=\"w-popup-box-title\">Contact Us<\/div><div class=\"w-popup-box-content\"><p style=\"text-align: center;\">\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f15-o1\" lang=\"en-GB\" dir=\"ltr\" data-wpcf7-id=\"15\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/protect\/wp-json\/wp\/v2\/pages\/573#wpcf7-f15-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"15\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1.6\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_GB\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f15-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/fieldset>\n<p><label> <strong>Full Name *<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-fullname\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" autocomplete=\"name\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"general-fullname\" \/><\/span> <\/label>\n<\/p>\n<p><label> <strong>Business Name (if applicable)<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-businessname\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"general-businessname\" \/><\/span> <\/label>\n<\/p>\n<p><label> <strong>Email Address *<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-emailaddress\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" autocomplete=\"email\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"general-emailaddress\" \/><\/span> <\/label>\n<\/p>\n<p><label> <strong>Telephone Number *<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-telephonenumber\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-tel wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-tel\" autocomplete=\"tel\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"tel\" name=\"general-telephonenumber\" \/><\/span> <\/label>\n<\/p>\n<p><label> <strong>Preferred Contact Method *<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-preferredcontactmethod\"><select class=\"wpcf7-form-control wpcf7-select wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" name=\"general-preferredcontactmethod\"><option value=\"\">&#8212;Please choose an option&#8212;<\/option><option value=\"Email\">Email<\/option><option value=\"Telephone\">Telephone<\/option><option value=\"Either (Email or Telephone)\">Either (Email or Telephone)<\/option><\/select><\/span><br \/>\n<\/label>\n<\/p>\n<p><label> <strong>Message *<\/strong><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"general-message\"><textarea cols=\"40\" rows=\"10\" maxlength=\"2000\" class=\"wpcf7-form-control wpcf7-textarea wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" name=\"general-message\"><\/textarea><\/span> <\/label>\n<\/p>\n<div class=\"wpcf7-turnstile cf-turnstile\" data-sitekey=\"0x4AAAAAACbFPo8WjfEL0QQ-\" data-response-field-name=\"_wpcf7_turnstile_response\"><\/div>\n<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Submit\" \/>\n<\/p><p style=\"display: none !important;\" class=\"akismet-fields-container\" data-prefix=\"_wpcf7_ak_\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"7\"\/><script>\ndocument.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );\n<\/script>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container us_custom_cd895498\"><div class=\"vc_column-overlay\" style=\"background:#ffffff\"><\/div><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h4 style=\"text-align: center;\">Book a Call<br \/>\n<span style=\"color: #8e9cb1;\">Expert Advice<\/span><\/h4>\n<p style=\"text-align: center;\">Would you like to speak to our Head of Protection, George? If so, simply book a date and time that&#8217;s convenient for you using our booking system.<\/p>\n<\/div><\/div><div class=\"w-separator size_medium\"><\/div><div class=\"w-btn-wrapper align_justify\"><a class=\"w-btn us-btn-style_7 icon_atleft\" target=\"_blank\" href=\"https:\/\/calendly.com\/geastham-spencerhayesgroup\/30-minute-meeting-personal-clone\"><i class=\"fas fa-calendar-alt\"><\/i><span class=\"w-btn-label\">Book a Call<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Life Insurance What Is Life Insurance? Life Insurance is one of the most important financial protections you can have. Whether you&#8217;re safeguarding your home, securing your children\u2019s future, or supporting a partner, Life Insurance provides peace of mind that your loved ones will be financially cared for if the worst happens. What Does Life Insurance...","protected":false},"author":2,"featured_media":603,"parent":47,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-573","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/pages\/573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/comments?post=573"}],"version-history":[{"count":4,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/pages\/573\/revisions"}],"predecessor-version":[{"id":604,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/pages\/573\/revisions\/604"}],"up":[{"embeddable":true,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/pages\/47"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/media\/603"}],"wp:attachment":[{"href":"https:\/\/dev.spencerhayesgroup.co.uk\/protect\/wp-json\/wp\/v2\/media?parent=573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}