Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS

Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS
Protecting my family
The first thing to know if you're considering protecting your family and lifestyle with a life insurance policy is the type of cover that will suit your needs depends entirely on your personal circumstances.

HOW WOULD YOU
AND YOUR FAMILY SURVIVE?

What cover do I need?

As we've already suggested, once you've decided what you need the cover for, the next stage is to work out and decide how much you need. The amount you require will depend on your personal circumstances and how much you would want to be available to your family. Some of the best ways to work out the figure you may need is to ask yourself some questions.

Ask Yourself

COULD YOUR FAMILY
AFFORD TO CONTINUE TO LIVE
IN YOUR HOME?

What types of policies are there?

Now some times this can be limited by how much you reasonably afford to pay towards a policy each month. This should be a balance between ensuring the cover you need is in place and leaving enough disposable income for enjoying life - the best outcome is that a claim is never needed on life insurance and you have lived your life. The types of policy used for providing protection for your family are usually Term life insurance, Family Income Benefit and Whole of Life insurance plans. Term life insurance is a standard form of life insurance used for providing a lump sum in the event the life-insured dies prematurely within a specified term. If you want to provide a replacement for lost income if you were to die prematurely then Family Income Benefit could be a more suitable alternative. Rather than simply providing you with lump sum this pays a regular income amount to help replace the loss of a loved ones wages during the term of the policy. If you looking at a life insurance policy as a way of covering a variety of needs like funeral costs then a Whole of Life Assurance may be suitable for you. As always there are a variety of variations on the main theme, but as the title suggests this kind of policy would run through until your passing away.

We are here to help you to understand all of the pros and cons of the different solutions available to you so that you can make an informed buying decision for yourself, based upon your current financial situation. If you would like to generate a quotation for yourself and know the cover you wish to have or to discuss further with us please click through to our quoting system. By clicking through to our quoting system you are confirming you have read and accepted our Terms of Business and how we use your personal information as per our Data Privacy Notice. You also understand that should you have insufficient cover in place then you/your family may have insufficient funds/income to fall back upon. At Cherwell Financial Services Ltd we understand that some people do not require advice on the level, term or type of cover they require, and as such we provide a way of obtaining a personalised quote along with the opportunity to review the product literature associated with the cover in you illustration, to allow you to make the decision for yourself. If you have any doubt if this is the correct type, amount or term of cover you require then you should contact us directly to request full advice, as this system does not constitute Cherwell Financial Services providing you with advice and is processed on an Execution Only basis( Non-Advised). TERMS OF BUSINESS DATA PRIVACY NOTICE

HOW WOULD YOU
AND YOUR FAMILY SURVIVE?

FIND OUT MORE ABOUT THE COSTS
AND BENEFITS OF THIS TYPE OF POLICY

Once you have completed your quote and you are happy to proceed upon the basis set out, and have read through the illustration, Key Features documents along with our Terms of business and Data Protection statements above, you can contact Cherwell Financial Services Ltd to inform them you wish to proceed with your quote and we will explain the process on how to proceed with your requested cover. The quoted premiums in the cover assume that you are in good health and are based upon the information you have provided to the relevant provider. Until the terms have been offered and subsequently accepted by you and the provider (an accepted application, not just an Illustration), then you may not be covered and the price may be subject to change or be declined.

Cherwell Financial Services Ltd is directly authorised and regulated by the Financial Conduct Authority. Registered Office Ground Floor, Unit 15 Somerville Court, Trinity Way, Banbury Business Park, Adderbury, Oxfordshire, OX17 3SN.

Registered in England. No. 08566532

©Cherwell 2018