Financial services:
Life assurance

There are many reasons why you may need life assurance, such as:

Mortgage or loan protection

Business protection (keyman)

Provision for dependants

Inheritance tax planning

There are many types of life assurance, including:

Term assurance

Endowment assurance

Whole of life assurance

Each of these has variations on a theme, such as decreasing term or low cost whole of life. (Low cost whole of life is not as good as it sounds!)

Of course Cassons have online quotations systems. But it�s not just a simple as that:

The payout from endowment and (most) whole of life policies depends on investment performance. Choosing the best policy requires real expertise.

There are major tax and commercial issues involved in business protection.

It may be a good idea to put life assurance policies into trust. This is a complex area where expertise and experience matter.

Life assurance should normally be planned as part of overall estate and will planning.

Some polices can combine life assurance and critical illness insurance. This is often a cost-effective way of covering a wider range of risks.

It can be cheaper to obtain life assurance through your pension policy � but it�s not necessarily a good idea to do so.

That is why Cassons have life assurance specialists, to guide you in selecting the appropriate level of cover, to recommend suitable policies, and to advise you on the many tax, commercial and other financial planning issues that arise when considering life assurance.

The fact sheet below provides a simple explanation of life assurance.