A blog about Life Insurance (AND HOW TO GET SOME FOR FREE!!!!)

How would you cope?

Hi MUMblers

We are really excited to tell you about a project Aviva have launched which is a fantastic product that new parents can take advantage of.
We often find that new parents have “sort our life insurance out” on their “to do list”.
But as we all know, modern life tends to be a bit hectic when you have young children and before you know it, the day has disappeared and tomorrow starts all over again!

So that is where we can help, here are the details…….Basically it’s a way for parents with children aged 3 and under to get some free life cover!

The main points are:-

•   Cover lasts for 12 months from acceptance and pays out £15,000 if a parent covered
  dies during this time.
•   You can insure yourself for £15,000 per child. If you have 2 children, its £30,000 total, 3 children its £45,000 etc….
•   It takes just a few minutes to apply and cover will start as soon as you’ve completed the short application process. The underwriting is much more lenient than other life insurance policies.
•   You can take out the plan anytime after your child has been born but before they are four years old.
•   No payment is needed, it is totally free cover.*source Aviva 14/07/2016. Please note terms and conditions apply. This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of cover provided under the plan.

This is 100% genuine, no catch, and in our opinion, absolutely tremendous! Read the rest of this blog and at the bottom we will tell you how we can help you take advantage of this offer. Obviously Aviva are using this as a way of getting people to think about their situations. Quite rightly in my opinion. Having been through this myself personally (my Dad died when I was 14 years old. He was 43), this is a topic I am very passionate about.

The questions that we should all to ask ourselves are:-

•   How would you and your family cope financially if you or your partner died suddenly and
  unexpectedly?
•   Could you afford to stay in the house? Would you have to sell and downsize? For most
  families this is the last course of action they want to take at a time of bereavement
•   Could you pay the mortgage off?
•   Even if the mortgage was paid, what standard of living would your family have? This is even more important if your family has one partner earning more than the other. If the major earner dies, then there needs to be money available for the family to maintain their standard of living. (school trips, holidays, weekend trips out etc)As an example, a longer term life insurance plan may be cheaper than you thought. £100,000 of level term assurance for a 30 year old non smoker, over 18 year term (i.e. hopefully to cover the family until the children have left school) is only £7.15 per month*

A joint life policy for two 30 year old non smokers for £100,000 of cover is only £10.56 per month.*
So in summary, even if you don’t take out a longer term option, if you have children under 4 years old, you should consider taking advantage of the Aviva offer.

Here at Your Move Anscombs we are happy to help arrange this for any MUMblers FREE OF CHARGE. It’s a very simple process, that doesn’t take very long to arrange and can be done over the phone by answering one simple health question. So give us a call on 01904 621532 and we will be happy to sort it all out for you and help you take advantage of this FREE life insurance.

Roger Parry

Senior Financial Consultant
YOUR MOVE ANSCOMBS

YOUR MOVE ANSCOMBS are an appointed representative of First Complete Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 435779) for mortgage and non-investment insurance advice.