Life cover Newcastle | Affordable life cover | Seven bridges

Any type of insurance can be costly if you don’t look in the right places! That is why Seven Bridges are here to find the best Life cover Newcastle for you.

However, with research, one can find affordable life cover Newcastle quite easily. The need for life insurance and cover depends different for each person. For example, if one has dependants like children, a partner, or other family members who are very reliant on your income. It may be an idea to find affordable life cover that would cover everything if the unimaginable happens.

The loss of a loved one is something that we wish on no one. Here at Seven Bridges, we aim to make this situation as easy as we can to cover any financial stresses. 

Life cover isn’t essential for everyone, but we highly recommend it as life is pretty unpredictable, as we all know!

Affordable life insurance can run the risk of not meeting all the client’s needs- hence why it is so cheap. However, at Seven Bridges, we offer services that will cover all your family and loved one’s needs when they need it most. 

Seven Bridges has worked tirelessly to provide excellent affordable life cover that is created by experts in the industry. Therefore, you will find a deal that suits your needs and is easily affordable.

Here are several affordable life cover that we can offer here at Seven Bridges:

Level Term and Decreasing Term

Both level term and decreasing term are affordable life cover options. Level term plans have an agreed lump sum that can be paid out in the event of your passing. 

On the other hand, decreasing term plans, have a potential pay out that decrease over the policy term, usually in parallel with a liability such as a mortgage. As a result, they are the cheaper option for those who are looking for more affordable life cover.

Family Income Benefit 

Another option is the family income benefits. Rather than pay out as a lump sum, this form of insurance will provide your family with a monthly income for the remainder of the policy. This means the value of the potential pay-out will decrease over the course of the policy terms. As a result, this can be a more affordable life cover choice. 

Joint Life Cover

If you are insuring two people, such as yourself and a partner, a joint life cover policy comes at a cheaper cost than two separate policies. However, this can also be risky and not always affordable life cover. For example, if your partner has health issues it could raise the price of the overall cost of life cover.

Every person has different needs. Contact us today or call 0191 491 4119 to speak with one of our specialists about finding you the best possible solution for your needs.