Life insurance

Give your family the gift of peace of mind

It’s a natural instinct to protect the ones we love. But what if something happens to you? What if you’re no longer around to take care of your loved ones? That’s where Life Protection comes into its own, offering peace of mind for both you and your family.

What is life insurance?

Life insurance provides financial security for your loved ones if you die. It pays out a lump sum or monthly benefit to help them maintain their lifestyle and home, avoiding financial worries during a difficult time. This safety net ensures dependents like children or a partner are financially protected, offering reassurance that they’ll be looked after should the worst happen.

Choosing the right life insurance policy

We never know what life has in store for us, so it’s important to get the right life insurance policy. When buying life insurance, there are several things to consider to ensure you choose the right type of cover. Obtaining the right advice and knowing which option to choose — including the most suitable sum assured, premium, term, and payment provisions — is essential.

Factors influencing life insurance costs

The price you pay for a life insurance policy depends on a number of factors:

Age: Older individuals may face higher premiums.
Smoking Status: Smokers often pay more.
Health History: Current health, medical history, weight, family medical history.
Occupation: High-risk jobs may increase premiums.
Level of Cover: The extent of coverage desired.

If you have pre-existing health conditions, it could result in higher premiums or may be declined.

By understanding these factors, you can make informed decisions about which life insurance policy best suits your needs and budget.

Life insurance is more than just a financial product; it is a crucial part of planning for the future and safeguarding your family’s well-being. By choosing the right policy, you ensure that your loved ones will be cared for, no matter what life throws your way. Taking the step to protect those you cherish most provides a profound peace of mind, knowing that their future is secure. Insurance might be something you hope you never needed, but if you do, you’ll be glad you have it.

We highly recommend placing this policy in trust for optimal asset protection and estate planning.

We can assist you with outlining the trust structure and guide you through the completion process, including which forms are required. For comprehensive information on trusts and their implications, we recommend consulting with a legal professional.

Find out more about trust

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Schedule your no-obligation appointment today and discover how we can help you navigate your mortgage process, and find the right protection policy for you and your family.

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Your home may be repossessed if you do not keep up repayments on your mortgage.

Accurate and complete information is crucial for processing your protection application and ensuring you receive the appropriate coverage. Misrepresentations may result in claim denials or policy cancellation. The protection plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

The information provided on this website is for general informational purposes only and should not be considered as financial advice. While we strive to keep the information accurate and up to date, we make no guarantees regarding the completeness, accuracy, reliability, or suitability of the information contained herein. Any reliance you place on such information is strictly at your own risk. We recommend consulting with a qualified financial adviser or mortgage adviser before making any financial decisions. The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.

Danube Financial Solutions LLP is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Danube Financial Solutions LLP is registered in England and Wales with company number OC454931. Registered address: 6 Peacock Way, Worksop, S81 7SU

© Danube Financial Solutions LLP. All rights reserved.
2025

What is trust?

A Trust is a legal arrangement that allows you to leave money and things you own (your ‘assets’) to a person or people (the ‘beneficiaries’) when you die. A trust can be managed by family, friends or a solicitor (the ‘trustees’). All your assets put together form your ‘estate’. Your life insurance is an asset and can be put into a trust in the same way as anything else.

Why is it important to put your life insurance into trust?

Putting your life insurance in trust is a way of protecting the payout your loved ones could expect to claim if you were to die unexpectedly. A trust can separate your policy from the rest of your assets, protecting any potential pay-out from inheritance tax.

Key Benefits of Putting Life Insurance in Trust:

Control: You determine who receives the pay-out and how it’s managed.
Speed: Faster pay-out to beneficiaries, as probate delays are minimized.
Tax Efficiency: Potentially reduces inheritance tax liability by keeping the policy out of your estate.

By placing your life insurance within a trust, you can ensure your wishes are fulfilled and your loved ones receive the benefits of your policy more quickly and efficiently.

We as expert protection advisers can help you navigate the process of setting up a trust for your life insurance and ensure it meets your unique needs.

Trusts are not regulated by the Financial Conduct Authority.