The only gift that truly matters…

8th February 2019

Did you know that on average we spend £28.45 on flowers and chocolates for Valentine’s Day? This may not seem surprising but, in a lifetime that’s over £2000 spent showing your partner that you love them with these small gestures. Maybe it’s time to think outside of the chocolate box and consider a gift that really means something: financial security with Life Insurance.


What happens to your family if something happens to you?

If you’re the breadwinner in your household, it’s vitally important that you can answer this question and have a plan to ensure your loved ones are protected in the worst case scenario. That’s exactly what Life Insurance does. And, depending on what kind of policy you take out, Life Insurance shouldn’t cost as much as a box of chocolates a week but it you’ll enjoy the confidence knowing your money will be available to protect your loved one in the event of your death. Here are some more reasons why it is important to have Life Insurance as a Contractor.


Protects your loved ones

As a Contractor, you’re likely to be the breadwinner in your household. If you pass away, Life Insurance will replace your income. This is especially important if you have young children or if your family will find it difficult to sustain their way of living if they no longer had access to your wages.


Leaving an Inheritance

If you don’t have very many assets you can create an inheritance by buying a Life Insurance policy and naming your family as the beneficiaries. If you write you’re Life insurance into a trust (see Relevant Life Insurance), they can also avoid the long probate process and a hefty inheritance tax bill.


Keeps a roof over your family head

Not only will Life Insurance cover the cost of everyday living, but it will also cover any outstanding debts such as the mortgages, credit cars or even a car loan (if you choose the right cover amount, which is why an expert adviser can be helpful). The payout can also be put towards funeral costs.


Give you peace of mind

You can never predict when you’ll pass away, but having Life Insurance will give you and your loved ones peace of mind. Protecting them with Life Insurance when the unexpected happens is one thing you can be sure of; you’ll no longer have to question whether they’ll be taken care of after you’ve gone.



Give your Valentine the only gift that truly matters this year. Speak to one of our advisers to find the right Life Insurance policy for you. Get in touch here.

All content is accurate at the time of publication

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