General & Life Insurance

There are thousands of insurance brokers and insurance companies for you to choose from. You know that and we know that.

So again we would like to show you several reasons why we are asking you to give us the privilege of working with you to find the most competitive premiums, cover and offer clear guided financial advice.

Unlike mortgages and loans general and life insurance can be changed altered or cancelled at very short notice. CGS financial understand and believe you the consumer do this for two reasons either to save money each month or were never explained the product in the first place.

We will explain:

Firstly Life Insurance:

There a three main types,

1 Life cover- These policies pay out a lump sum on the event of death

This policy can be set up over a specific period on either a level basis or a decreasing basis

For example:-

A sum of £50000 on a level basis will pay out a lump sum of £50000 during the policy term.

A sum of £50000 on a decreasing basis, on every anniversary the amount of life cover will reduce. This policy is normally taken with a conventional repayment mortgage and is the cheapest form of life assurance.

2 Critical Illness- These policies pay out a lump sum on a diagnosed critical illness such as heart disease or cancer.

This policy is again set over a specified term and can be taken as a stand alone product or purchased alongside Life cover on a level and decreasing basis.

Secondly General Insurance

Mortgage and Loan premium protection:

This covers your repayments in the event of unemployment accident and sickness. They pay out up to 24 months cover and have varying waiting periods from 0-6 months before the insurance is paid. Different parts of the policy can also be removed if not needed and some insurers will now look at the self employed.

Building and Contents insurance:

Be aware many households maybe underinsured unless your policy has unlimited insurance.

You must remember all general and life insurance policies will vary widely in cost the quality and content of cover and operate differing exclusion policies after all do ever check the small print.

CGS Financial believe you need to receive clear guided financial advice - ‘The cheapest premium could well lead to inadequate cover’

Assureweb and Payment Shield means that we can check many of possible insurance policies to ensure you receive the policy that best suits your needs and requirements.

Again it will cost you nothing to work with us our fee comes from the insurance company

We will guarantee your personal attention, we will complete all the paperwork and return all calls and emails to ensure a no hassle personal service.

If you would like further questions on this complex area please speak to our online adviser, complete our short enquiry form or simply call the free phone number on 0800 0196067.