It is true for many of us that we value insurance, we insure our electrical items, our white goods and our beloved pets.
Why then do so many of us disregard the importance of insuring ourselves?
It is true to say that there is a growing popularity of ‘gap insurance’ on our motor vehicles to ensure that we do not suffer financial detriment in the event of an unrecoverable loss of the vehicle – some of us insure our vehicles tyres, its wheels and the bodywork against damage.
Why then do so many of us disregard the importance of insuring ourselves?
Is it the taboo subjects of ‘getting ill’ or ‘dying’ or is it more about ‘if I bury my head in the sand it absolutely will not happen to me’… the statistical reality may shock you.
Our Risk Reality Calculator does nothing more than provide you with the facts linked to your age, gender, smoking status and your planned retirement age.
Sometimes we need to face up to uncomfortable truths; so, if you would like to face reality head on then complete the calculator. If you do so and the results cause you to question the value of any of the above insurances over and above protecting yourself, call our approachable advisers for a open conversation about how they may be able to help you to mitigate your concerns.
Try our risk calculator and get the facts about your situation.
Blueberry established Team Safeguard in March 2020 to focus on delivering exceptional independent advice on all aspect of your protection planning. The team pride themselves on delivering a client-centric service focused entirely on delivering a positive experience for clients by maximizing the service and product offering while cultivating long-term client relationships. Client peace of mind that their loved ones are taken care of is at the heart of their approach as nobody knows what is around the corner, especially as we continue to live through very uncertain times.
Choosing the right life insurance policy requires time and knowledge. Otherwise you could end up with a policy that is not suitable for your short, medium and long term needs. Worse still, you could be refused a policy due to life style or health problems or buy a policy which may not pay out. This can happen if you make a mistake when applying for your policy. Making such a mistake can be very costly and stressful for you, your family or business partners.
At Blueberry, we have the expertise to help you make the right decision by giving you the knowledge you need. Our highly qualified and experienced life insurance Consultants will help you work out the best type of policy for you and tailor it to your needs and pocket.
We will begin by getting a full understanding of what you want to achieve. It’s important to help you understand how much cover you need, what types of policy are available, which options are best to meet your needs and what premium is affordable for you right now. It’s also important to help you consider how your circumstances can change in the future. Because we are a whole of market broker, we can look at every type of life insurance policy from all available life insurance companies in the UK. We will have a constructive discussion to give you the knowledge you need in plain English.
We can even find a specialist company for you if you have health problems, have a high-risk job or have a hazardous leisure activities.
Call for a free consultation with one of our highly qualified life insurance protection Consultants.
Once you have decided on the policy you need, we will take you through the whole application process. There will be a series of detailed medical questions to make sure the insurance company is prepared to accept your risk. If you are in good health, you can be covered immediately.
If you are taking medication or have a medical history, our Consultants are trained to help you define your medical conditions and treatment accurately and openly for the insurer. Our Consultants also know which insurers are most competitive and able to cover certain medical conditions.
We pride ourselves on getting it right first time. Getting it wrong could mean a life insurance claim being rejected leaving your next of kin or business partners being severely disadvantaged following your death.
You may be surprised to learn that the people you want to benefit from your policy may not receive what they expect? You may also change your mind on who you want to benefit for your life insurance policy in the future.
Although the benefits of life insurance are tax free, when added to the value of your property and savings, part of your estate could become liable to Inheritance tax of 40%. Blueberry can help you and your family by putting your policy in trust.
Situation – Mr & Mrs A were going through the process of moving home. We were arranging their remortgage and they had some life insurance in place and thought they were sufficiently covered. Little did they know that because this cover was for the original mortgage and the cover was decreasing, the cover would never be enough to cover their new home. They have bought a bigger home and increased their mortgage and term. They have also had 2 children since taking out their existing cover.
Discussions - After they had a conversation with one of Blueberry’s Protection Consultants they understood that their current cover was insufficient and they now have other needs (the 2 children) which they would want to protect too.
Our consultant explained their recommendation and tailored their advice to the needs and concerns of Mr & Mrs A.
Situation – Chris and Catherine are not married and have a child each from previous relationships. Chris has a mortgage on his property which is covered by mortgage protection life insurance. Chris also has some life insurance through his work employee benefits scheme. Chris wants to find a better deal for his mortgage when his fixed rate comes to an end.
Discussions – Blueberry were able to find Chris an excellent new fixed rate for the mortgage. Catherine and Chris were shocked to learn that should Chris die then Catherine may not inherit the house or any of Chris’s estate.
Outcome - Blueberry put Chris and Catherine in touch with a specialist Blueberry Consultant who arranged wills, trusts and appointed guardians for the children to protect Catherine and the children’s interests. The existing life insurance policies were also put in trust and an additional family income benefit policies were put in place for Chris and Catherine to ensure their children would have financial support if their parents die before the age of 21.
Call us now on 0800 520 0108 to speak to one of our Protection ConsultantsHead Office:
Blueberry Mortgages
5A Widcombe Street
Poundbury
Dorchester
DT1 3BS
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