5 Reasons You Really Should Protect Yourself

You insure your car right? How about your house? Your pet? Your holiday? Your boiler? Some people have even insured their butt! (not name dropping here though). But what about you? The one thing that is truly irreplaceable. A little friendly advice from the helpful people at FriendlyLife.co.uk.

1. Are you sleeping on a bed of money knowing you have all the security you will ever need?

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Family. What would your loved ones do without you? OK, lets be more specific. What would they do without the income you can earn? Would they be financially secure? If the answer is yes then you are very lucky, and maybe you have enough dough in the bank to last you and your offspring a lifetime. However for most of us the answer is an overwhelming NO. This is where protecting yourself comes in.

2. We all know you insure your cat/dog/hamster or fruit fly (I don't judge)but what about you?

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Cost. How much do you pay for your pet insurance? How much is a fair price? Here in the "sunny" UK a 4 year old large dog will cost approx £12 per month and cover up to £4000 in vet fees. How does that sound? What if i told you Life insurance can be less than half that amount. Would you believe me? A 35 year old non smoking woman can pay as little as £4.95 per month for £100,000 cover! That pet insurance isn't looking so fair now is it.

3. Fit as a fiddle? Are you sure?

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Health. Do you do everything the doctor tells you? Eat your 5/8 or 10 fruit and veg a day. Exercise for 7 hours a week, limit your intake of trans fats/sat fats/sugar/salt/ processed food/alcohol bla bla bla. Well done if you do. You are truly superhuman. But in truth, although that does help prolong our lives it wont protect you from serious illness. Did you know that with most life insurance policies, if you are diagnosed with a terminal illness and have less than 12 months left, your policy will pay out. You will find in the last few months of your life you are not limited with what you can still do by your finances.

4. The choice is all yours. Make it personal. And it only takes a few minutes of your life to do it!

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Choice. Life insurance is all about choices. How much do you want to pay a month? How much do you want to be insured for? How long do you want the policy to run for? Which company is best for you? Do you want the sum to rise with inflation? It may sound complicated and maybe a bit overwhelming but if you go through an insurance broker like FriendlyLife they will talk you through it all and even fill in the paper work for you! (they're nice like that) It will take 15 minutes of you life so you cant use form filling and lack of time as an excuse!

5. Guilt free forever!? Well OK that might be an exaggeration but it will defiantly be one less thing to worry about.

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Peace of mind Life insurance is not like most insurance's. As you get older the cost of new policies increases so often its not worth searching for better deals after a few years. That's why they tend to be long term policies (10-40 years). The earlier you start them the cheaper they will be. Once you have set a policy up you can just forget about it. No need to re-new each year or search for better prices. If you have gone for a Guaranteed premium (the price stays the same every month for the entire policy) you never have to worry about the price rising. You can sleep easy and rest in the knowledge that should something happen to you, your family will be financially OK.

For more helpful advice come and visit us here.