Life Assurance

If you are looking for a way to provide financial protection for your family in the event that you pass away, you should consider a life assurance policy.

Are you looking for the most suitable life assurance cover? Give your family the protection they deserve – read on to find out how HISL Brokers Limited can help.

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What is life assurance?

Life assurance will guarantee to pay out a lump sum in the event that the policyholder passes away (as long as they have paid their monthly premiums and the policy is valid). You will choose what the eventual lump sum will be at the start of the life assurance policy, which will determine what your monthly premium will be. A life assurance policy can help to make sure that your family are taken care of in the event that something happens to you, giving you peace of mind.

Do I need life assurance?

If you are your family’s sole earner or you have dependents, it can be sensible to consider a whole life assurance policy in case the unexpected should happen. 

Life assurance can help to make sure that life can carry on for your family after you pass away, and limits the risk of any financial burdens occurring. For example, it may help them to cover household bills, pay any outstanding debts or pay for your funeral, or leave them with a cash gift.

The lump sum that your family will receive will be made in a one-off payment (which can be arranged to be paid free of inheritance tax), and they may use this how they wish.

The cost of life assurance

The amount that you pay for your life assurance premium will depend on several factors:

  • The amount of cover needed.
  • The age of the policyholder.
  • The policyholder’s current state of health.
  • Whether the policyholder is a smoker or not.
  • Family history of illnesses.
  • Lifestyle.


The length of time that you want the cover in place will also have a significant impact on the price. Life assurance policies can cover you for the whole of your life or a fixed period of time. They can also have a set amount of cover or decrease over the term of the policy.

At HISL Brokers Limited we understand that cost is important to you, but it is crucial to ensure that you are properly protected. With that in mind, we will take the time to understand your specific needs and recommend the amount of cover that is best suited to you.

What else do I need to know about life assurance?

It’s important to be aware that life assurance policies involve an element of investment, and therefore you may need to speak to a financial advisor before you take out a policy.

It is also important to make sure you take the time to check your life assurance policy terms before you take it out, as some life assurance providers will allow you to cancel early and receive the value of the fund (or what you’ve paid), minus any penalty charges that are applied. Therefore, you may receive less than you have paid in.

How can I get life assurance?

HISL Brokers Limited have a team of specialist advisers ready to help you get the right protection in place for your family.  


We will take the time to understand your specific needs and are committed to delivering a completely personalised service, ensuring that you have the best possible cover at the best possible price.

To find out how much peace of mind costs, contact Paul Kerner by calling: (0)20 7220 9020.