• Time to review

    75% of the population of Britain have outdated
    or no life cover in place

    Telegraph.co.uk/finance/personalfinance/insurance/lifeassurance/8789116/Three-quarters-of-Britons-have-insufficient-life-cover.html

  • Protect your loved ones

    To raise a child until they are 21 will cost on average £210,000

    LV Cost of a child report

  • Your home is the most expensive thing you will ever buy

    Shouldn’t it be the first thing you insure?

  • Look after those left behind

    Have complete peace of mind

  • 94% of life plans in the UK could be liable to IHT

    Without the correct trust in place, your life insurance payout could owe money to the tax man

    http://www.professionaladviser.com/ifaonline/feature/2214284/the-benefits-of-writing-life-policies-in-trust

Life Insurance

What is it?

It comes in many forms; its aim is to pay out an agreed amount to your loved ones in the event of your death.  There are many different types of life cover options available to you; this is because everyone’s circumstances are different. 

By ensuring you have the correct policy, you will safeguard your loved ones if you were to pass away.  Most people take out life insurance at key life events, for example getting married, buying a house, retirement or having children. 

The amount of life cover is chosen by you, however if you need help deciding on an amount, your Proadvice financial adviser can help and advise.  They will also be able to recommend some things you may not have considered before.  For example many people think by just covering their mortgage they can keep a roof over the heads of their family.  However, once the mortgage is paid off, how do the family cover the other essential bills like gas, water and electric, not to mention phone bills, electric equipment and clothing? Most mortgage repayments cover a 1/3 of a family’s income, however if the unexpected should happen, the household has just potentially lost half.  You want to ensure your family’s lifestyle is not impacted too greatly, and just paying off the mortgage may not be enough.

The cost of living has increased immensely in the last few years, in fact, at the supermarket your bill is probably 20% more than 2 years ago.  A £100,000 life cover payout may seem enough now but if inflation continues to rise at the current rate, in 25 years it may no longer be enough to cover your needs.  You have to take this into consideration when taking out insurance.

Your Proadvice adviser can show you how

Do I need it?

This is a one protection policy you take out for everyone else, the selfless plan.  For example, if you have any family or loved ones that would suffer financially if you were no longer here, maybe a mortgage with partner, or providing an investment for your children or ensuring that funeral costs were covered.  It allows you to sleep a little easier knowing that if you do not wake up, the people you leave behind are going to be able to pay the bills.

Speak to an Adviser

How does it work?

Everyone’s circumstances are different, mortgage amounts, children’s ages. Our advisers will be able to talk you through the options and tailor make a policy to suit you. With life insurance, one size definitely does not fit all. 

As everyone’s circumstances are different so should everyone’s policy. It is vital to know that your life cover may not automatically go to the person you expect.  The rules of intestate are 100 years old and are not set up with modern life in mind.  If you are not married, no longer living with your spouse or have children, you need to ensure your plan is set up correctly.  If you pass away you are not there to ensure the life insurance money is going to the correct people.  The answer to this problem for many people is to use a trust form. Luckily our advisers can guide you through completing a trust form and ensure that your wishes can be realised even though you are no longer there.

Get a quote today

The facts

61% of people in the UK do not have any life insurance (1), so why is that?  We often come across these three most common reasons:

(1. Aviva Family Finances Report)

I do not need life cover; I will sort it when I am older.

One of life’s great gifts is we do not know what is around the corner.  Often things happen when you least expect it.  Sometimes it is amazing and life affirming and other times it is terrible and you have to take stock.  The best time to take out life cover is when you are young, fit and healthy.  The older you are or if you wait for your medical history to change for the worst, you may find it very expensive.  There is never the perfect age to take out insurance, but if you feel the time is right to take it out then now is the time to do it. 

I have protection through my employer.

What a great employer you must have, do you know how much you are covered for?  Many people have a death in service benefit through their employer but are surprised to find out how much or how little they are covered for.  The plans are also in trust, owned by the company and in many cases you do not have control of who gets the money in the event of your death.  If you for instance separated from your spouse, the money could still go to them rather than your actual current partner (if you have one).  If you joined the company at a young age, the money may even be set up to go to your parents.  The plan is also only valid for the length of time you work at the company or for as long as the company decide to keep the option open.  It has been known for people to lose work related benefits like death in service for extra pay.

With a death in service benefit, you are giving control of your family protection to someone else.  You have no control of the payout, how long you are covered for or, in many cases, who it will go to.  We often tell our clients to think of the death in service as a potential extra rather than being there to rely on, should the worst happen.

I set all that up years ago, when I bought the house.

It is always a good idea to regularly review your life cover.  I am sure like most people you have a mobile phone but are not still using the first phone you ever owned.  The truth is, people review their mobile phone contracts for extra benefits and the latest mobile more than their life insurance.  Ask yourself this question. Since taking out your first life plan, how many of these things have happened to you?

  • You have moved
  • Re-mortgaged
  • Married
  • Had children
  • Job promotion
  • Pay rise
  • Taken a loan out

If any of these apply to you, then there is a very good chance that your life cover is no longer suitable.  At Proadvice we offer a free review service to help you.  The first part of this is to review your existing cover and see what we can do to help.  The second part of this would be to continually review your plan as your circumstances change throughout your life, or when there are big changes in the insurance market.  Many of our clients have improved their plans and saved money during these reviews.  We have upgraded their life cover. 

Speak to our advisers about how to arrange a free review

The following videos are created by a third party and neither Pro Advice Financial Services Ltd nor Sesame Ltd are responsible for the accuracy of the content.

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Guides and frequently asked questions

Taking out Insurance can be daunting; to help with the process we have put together some helpful guides and have answered our frequently asked questions, or if you prefer speak to a Proadvice adviser.

Frequently asked questions

Compare Life Insurance Companies

When it comes to getting the right insurance policy it is important to speak to a Proadvice Provider who can tell you they key points of each plan. We compare 100s of different polices every day and can point out the important details to you. However if you would like to know more about the insurance companies and their history we have put together some interesting information and some key points of the policies they provide. The list below is a sample of providers used.

Choose from the list of great providers below to get started:

aegon ageas aviva axa british friendly
cirencester exeter family friendly friends life holloway friendly legal and general
lv partnership paymentshield pruhealth royal london
pruprotect shepherds friendly unum

Who are Proadvice?

Here at Proadvice our aim is to offer a professional service with our team of protection specialists and customer support. We offer you quotes with full impartial advice on the best products with plans designed to suit you. With our price guarantee we promise we will not be beaten.

The wealth of experience our specialist advisers possess enables them to explain and recommend the right products for you and therefore avoid any disappointment if the need for you or your family to claim did arise.

We make it our job to understand all of the policies inside out and understand the small print, so you can have complete peace of mind with your policy.

When buying insurance it is essential to find the right insurance company based on your health, hobbies, and your lifestyle as this will have a major effect on the final premium you will pay.

It is our job to find you the right insurance company with the very best cover for your circumstances and to also find you the most competitive rates in the marketplace today.

Here at Proadvice we do not charge a fee for the services we provide and can assist you on all elements of your personal protection from Life Insurance, Critical Illness Cover and Income Protection needs.

Why Proadvice?

Our sole aim is to advise and recommend the best polices for you should the worst happen. People come to Proadvice to ensure that when they take out a protection plan, they are going to be adequately covered. We have years of experience reading the small print, in fact we love the small print. It is one of the things that make us stand out from the crowd. We can advise you of the plans most suited to your circumstances and let you know what you are covered for and just as importantly what you are not, so you can have complete peace of mind before you take out the plan. The protection industry is an industry that wants to pay. Last year was a big year for pay outs and it is therefore important to know how to set the plan up correctly.

We know there might be more interesting and exciting things to do than taking out insurance however, we know how important it is to get it right. The insurance and financial industry isn't known for simplicity and can have difficult to understand literature.

Speak to one of our advisers today

Life insurance with advice

Taking out the cheap option may seem like the easies thing to do when taking out life insurance, critical illness cover and income protection. There are so many choices to make it can seem like you are in a minefield and unsure which way to turn and people could end up taking a policy not suitable or worse give up on the idea all together.

Most people will speak to an adviser who can guide them and recommended a plan that is tailor made for these circumstances. The other option would be to do it yourself and hope you have the right plan and it is set up correctly. In 2005 the Financial Services Authority (FSA) made buying insurance more easier to understand, if you wanted to sell life insurance you could offer advice or just offer a quote service and offer no advice whatsoever. With no advice you are on your own, all the broker can do is give you the means to set the plan up. If the plan ends up owing inheritance tax, does not pay out because of your hobby or has exclusion you were unaware of the buck stops with you.

When taking a policy with advice all the small print and clauses are highlighted to you and are explained in a jargon freeway. The adviser can also make recommendations and give guidance to you about what sort of plans are most suitable some you may have even been aware of. Best of all you are completely protected through The Financial Conduct Authority, Financial Services Compensation Scheme & Data Protection Act 1988.

Speak to your Proadvice financial consultant about getting advice today 01933 417 300.

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We are open from:

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9am - 6pm on Fridays

9am - 2pm on Saturdays

Call us free on 08000 502 602

Mobile Friendly 01933 417 300

Or if you prefer pick a time for us to call you

Contact Us

To talk to an adviser straight away please call 01933 417 300 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

For any general enquiries or updates on cases, please contact our This email address is being protected from spambots. You need JavaScript enabled to view it.

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Recommend Us

To recommend a friend please email This email address is being protected from spambots. You need JavaScript enabled to view it. Remember to include your personal details so we know who to send the vouchers to.

If you have just had a baby in the last six months or know someone who has please contact us for your free baby life cover at This email address is being protected from spambots. You need JavaScript enabled to view it.

Challenge Us

If you want to take part in the customers challenge with your existing policy taken out in the last 12 months then please email the details of your plan and contact information to This email address is being protected from spambots. You need JavaScript enabled to view it.

We always want to hear how your experience with Proadvice went. We love to hear when things go well but as important we like to know how we can improve. Any comments would be gratefully recieved. Please email This email address is being protected from spambots. You need JavaScript enabled to view it.

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Link to us

If you are interested in placing a link on your site to Proadvice Insurance, Barker and Bass or Right Lettings, this can be done by simply copying and pasting the HTML below into the relevant page on your site:

http://www.proadviceinsurance.co.uk/

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Protection Advisor - Rushden - OTE - £50k + Package

Due to expansion we are looking to recruit Protection Advisors to expand our sales team.

We are looking for insurance consultants with both customer service and sales focus with experience of working within a target orientated environment within Financial Services or Insurance.

We will offer excellent, ongoing training (including study towards professional qualifications) and offer fantastic career progression.

You will be required to give sound financial advice to meet their financial protection needs whilst offering unrivalled customer service.

As a Protection Adviser you will:

  • Work closely within a sales team to ensure that any potential clients protection needs are met
  • You will be taking enquires for customers for their insurance needs and then provide bespoke advice
  • Be responsible for and competent in, advising, servicing and building customer relationships

Experience required for the Protection Advisor Role:

  • Experience of working within a financial sales environment with a proven track record
  • Good general knowledge of the financial services industry and competitor activities
  • Strong interpersonal and communication skills
  • Efficient and accurate in following sales processes and completing related administration
  • Professional and credible
  • Highly focused to succeed and exceed expectations
  • Experience of working in a busy customer driven environment
  • The ability to work as part of a team

We are offering the right candidate a competitive starting salary and monthly uncapped commission.

To apply for the role please simply send your CV with a covering letter to This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact

If you wish to discuss this vacancy and all other vacancies that we have in the financial sector, please contact James Barker on 01933 417300. All calls will be treated confidentially.


Mortgage & Protection Consultant - Rushden - OTE - £50k + Package

The ideal candidate will have a proven back ground in sales, be highly motivated, well presented and eager to succeed. Previous experience in mortgages would be ideal, however if you are looking for a change in career with a high profile company that will provide you with the latest mortgage qualifications (Cemap), apply below.

You will provide an effective and efficient mortgage advisory/placement service to customers of the company ensuring the provision of "best advice" in line with company procedures and statutory rules and regulations.

As a Mortgage & Protection Consultant you will:

  • Work closely within a sales team to ensure that any potential clients mortage & protection needs are met
  • You will be taking enquires for customers for their mortgage and insurance needs and then provide bespoke advice
  • You will be based in a local estate agency and will advise over the phone as well as face to face
  • Be responsible for and competent in, advising, servicing and building customer relationships

Your main tasks will involve:

  • Experience of working within a financial sales environment with a proven track record
  • Good general knowledge of the financial services industry, competitor activities and the mortgage market
  • Strong interpersonal and communication skills
  • Efficient and accurate in following sales processes and completing related administration
  • Professional and credible
  • Highly focused to succeed and exceed expectations
  • Experience of working in a busy customer driven environment
  • The ability to work as part of a team

We are offering the right candidate a competitive starting salary and monthly uncapped commission.

To apply for the role please simply send your CV with a covering letter to This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact

If you wish to discuss this vacancy and all other vacancies that we have in the financial sector, please contact James Barker on 01933 417300. All calls will be treated confidentially.

Other types of cover

Critical Illness

Critical Illness

Critical Illness Cover turned 30 this year. It has developed in many forms over the years but the aim is still the same.

see more

Health Insurance

Health Insurance

Health insurance or "going private" is an insurance policy designed to cover the costs of healthcare.

see more

Income Protection

Income Protection

Income Protection is a name given to several products, accident & sickness cover, permanent health insurance and redundancy plans.

see more

Building & Contents

Building and Contents

B&C is the insurance you take out to protect your home, should someone steal your TV or your roof collapses.

see more

Business Protection

Business Protection

I am sure you are like most people who feel as though you pay too much tax already?

see more

Keyman Insurance

Keyman Insurance

Keyman is a policy which protects your company should you lose a key worker due to illness or death.

see more

"We are backed by the financial strength and stability that comes from being part of The Sesame Bankhall Group, the largest distributor of financial advice in the UK"

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