Life Insurance

Life Insurance

In 2011, life insurance payments were made by FidelityLife to the families of deceased policy holders as young as 30. The cause of death was frequently common place - a variety of cancers (breast cancer, lung cancer, skin cancer, and brain tumours) 38% and heart disease 34%. The average age of the deceased being only 50, it stands to reason that many had dependants whose welfare hung on the life insurance payments they received.


Frequently Asked Questions

  • How do I find out more about you?
    If you have any questions or want to know more once you have checked out our website give us a call we would love to hear from you. We are happy to catch up the first meeting is always free.
  • What insurance premiums are tax deductible?
    As a rule, if the premium is tax deductible, then the benefit paid is tax assessable? There are some exceptions to the rule and full discussion is required on this topic – if in doubt, talk to a tax expert.
  • I am on a limited budget what should I insure?
    Your Income. There is not much you can achieve without income!! Check out the Income Protection Calculator under the forms tab.
    Life Insurance. If you have dependants you should ensure that they are not financially disadvantaged should you die prematurely. Your life insurance should at least clear all debt, including personal guarantees (personal guarantees do not die with you) and provide on going income for a number of years into the future. (Ideally until your children are self supporting) Work your way through the Life Insurance Calculator under the forms tab.



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