Life Insurance

Life insurance can play a vital role in helping safeguard your family from economic hardship if you suddenly pass away before your time. The payout your beneficiaries receive could help secure your children’s education, meet their daily needs if you were a partial or primary breadwinner, and help cover expenses associated with your death and funeral.

Choosing The Best Policy You’ll need to consider numerous factors when you’re deciding on the right life insurance policy for your needs. These include your family’s budgetary requirements, the number of dependents you have and any other financial resources you might possess. For example, you’ll need to think about any debts that might have to be repaid, day-to-day living expenses, specific needs (such as the cost of a child’s wedding) and even the cost of your funeral. All these considerations can feel overwhelming, and this is where a professional adviser can help you. The team at Legendary Mortgages & Insurances can help you find the right insurance policy that balances thorough coverage of your family’s needs with premium payments you can afford.

When you’ve just suffered a severe medical incident, the last thing you want is to have to worry about money. But life doesn’t stop just because you’re in the hospital, and you still need to find a way to make sure your bills are paid. That’s where trauma and crisis insurance can help. What it gives you is a one-off, lump-sum payment if you’ve suffered a medical emergency such as a stroke, heart attack or cancer diagnosis. You can then use this money for a range of uses. For example, you could use it to pay for treatments while you recover, make your home accessible or travel to specialist clinics. You could also use the money to take time away from work, focus on family and friends, and even fund retraining or a move. It’s designed to help alleviate some of the stress that follows a major medical diagnosis and help make you and your family’s life a bit easier.

Trauma / Crisis Insurance

Considerations You’ll have to think about various things when assessing whether you should take out trauma or crisis insurance. For example, what forms of income would you still have if you could not work for a while? Would you get support from family or friends? Our financial advisers can help you work out whether trauma insurance would be suitable for you and, if so, what the correct levels of cover would be.

Income Protection

  • If you’re injured or fall unwell and are no longer able to work as a result, income protection insurance can ensure that you don’t fall behind on your financial commitments.
  • The payouts you receive will help you make sure that you’re still able to pay your grocery, utility and mortgage or rent bills and support your family. After all, ACC can’t help if you fall sick or are injured outside of the office.
  • We recommend starting early, so you aren’t caught short down the line. You could start by considering your monthly costs or plan a meeting with one of our qualified insurance brokers who can advise you on the best options for your needs.