{"id":4358,"date":"2024-06-04T11:57:10","date_gmt":"2024-06-04T10:57:10","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=4358"},"modified":"2024-06-04T11:57:44","modified_gmt":"2024-06-04T10:57:44","slug":"do-you-need-to-reassess-your-life-insurance","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2024\/06\/04\/do-you-need-to-reassess-your-life-insurance\/","title":{"rendered":"Do you need to reassess your life insurance?"},"content":{"rendered":"
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When was the last time you reviewed your life insurance policy? It might not be easy to think about what will happen when you\u2019re gone, but it is important to make sure your cover is still relevant for your current circumstances.<\/strong> <\/p>\n<\/div>\n\n

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Life insurance is designed to provide financial support to your loved ones in the event of your death. Each policyholder therefore has a different level of cover, depending on their specific situation. So, if you bought life insurance once, don\u2019t be fooled into thinking there\u2019s nothing else to do. Life can be full of surprises and, as things inevitably change, certain events might require you to take out more cover. <\/p>\n<\/div>\n\n

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Buying a property<\/strong> <\/p>\n<\/div>\n\n

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Have you recently moved home? If you have a mortgage to pay, it\u2019s important to make sure that any dependents will be able to keep up with repayments and stay living in the property if you pass away. <\/p>\n<\/div>\n\n

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Milestone events<\/strong> <\/p>\n<\/div>\n\n

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Have you experienced a significant lifestyle change due to a major event? Perhaps you have recently got married, welcomed a child or grandchild, or started caring for an unwell relative. Each of these situations mean that there is someone new depending on you, so you might require a higher level of cover to alleviate the financial pressure on them if you are no longer around. <\/p>\n<\/div>\n\n

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Don\u2019t pay too much<\/strong> <\/p>\n<\/div>\n\n

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Life insurance does not only need adjusting if you gain dependents or take on an additional financial commitment \u2013 if you have recently separated or downsized your home, your policy will need revising in light of this. <\/p>\n<\/div>\n\n

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It\u2019s good to talk<\/strong> <\/p>\n<\/div>\n\n

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Look after your loved ones by double checking if your cover is right for you \u2013 contact us for advice. <\/p>\n<\/div>\n\n

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It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.<\/em><\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

When was the last time you reviewed your life insurance policy? It might not be easy to think about what will happen when you\u2019re gone, but it is important to make sure your cover is still relevant for your current circumstances.  Life insurance is designed to provide financial support to your loved ones in the […]<\/p>\n","protected":false},"author":4,"featured_media":4359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,76],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/4358"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=4358"}],"version-history":[{"count":4,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/4358\/revisions"}],"predecessor-version":[{"id":4363,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/4358\/revisions\/4363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/4359"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=4358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=4358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=4358"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=4358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}