Life Insurance – A one off, lump sum, that pays out the insured amount in the event of the insured death. This is often used to pay off a mortgage or can be also used as a fund to the bereaved loved ones.
Critical illness – A one off, lump sum, that pays out the sum assured on diagnosis of a critical illness, generally within ten days of diagnosis to the insured client.
Income protection – This is a monthly income replacement not a lump sum payout.
This covers the insured client and replaces a proportion of their salary in the event they or sick or cannot work. A policy can be taken out until retirement or for short term cover, generally two years.
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Head Office: 01462 613030
info@boudicasland.co.uk
17a High Street, Shefford, Bedfordshire, SG17 5DD.
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