top of page

Life Insurance 

Different types of life Insurance 

01

Decreasing Life policies 

Designed to reduce in line with a debt like a mortgage.

02

Level Policies

Designed to help protect at a continues level, often used for interest only mortgage protection, or family protection 

03

Whole of Life Policies

Whole of life policies are designed to stay in force through your life and will pay out on death.  Often used to cover funeral or Inheritance tax liabilities. 

04

Increasing policies 

Often used for family protection increasing polices can be used to help provide a lump sum for family members

05

How can Balanced Help

At Balanced, we believe it’s important you don’t buy life insurance because that’s "what everybody does". We will talk you through all your options, explain the different types of cover and what they do. We will also provide a personalised risk profile to help you decide what is important to you and help you prioritise your needs and budget.

Please note: You must keep up your premium payments on a policy to avoid the policy being cancelled.

bottom of page