Summary: The amount of life insurance you need depends on your life - think mortgage, debts, or family living costs. A common rule is 10 times your annual income, but at Spirit, we tailor it to you with a personal advisor, ensuring your loved ones get what they need, tax-smart and benefit-packed.
Summary: It’s not mandatory, but it’s smart - mortgage protection ensures your loved ones keep the home if you’re gone. Spirit goes beyond basics with decreasing or level cover, plus free trusts and extras like GP 24/7, all at standard prices.
Summary: Life insurance pays a lump sum when you pass - covering debts, funeral costs, or a legacy. Spirit’s plans can throw in terminal illness cover, trusts to skip tax, and perks like global treatment, making it more than just a payout.
Summary: Costs vary - age, health, and cover amount play a role - but UK averages hover around £38 for £152,000 cover. Spirit keeps it affordable, matching standard rates while adding trusts and benefits traditional plans skip.
Summary: Yes, especially if you’re over 50! Spirit’s guaranteed payout plans skip medicals - just a few questions - and start from day one, with trusts and extras traditional over-50s plans don’t offer.
Summary: Missed payments usually lapse your policy, losing cover. With Spirit, your advisor can tweak your plan to fit your budget - keeping you protected with trusts and benefits intact.
Summary: If no one depends on you, maybe not - but debts or funeral costs could burden others. Spirit’s plans, with trusts and perks, make it worth considering, even for singles wanting to leave a mark.
Summary: Absolutely - Spirit works with you, not against you. We assess your health honestly, offering tailored cover with trusts and benefits, even if traditional insurers hesitate.
Summary: Term covers a set period; whole of life lasts forever. Spirit’s whole of life adds trusts and extras like physio support, while our term plans fit shorter needs - all personalised by your advisor.
Summary: Without a trust, your payout could face 40% tax over £325,000. Spirit places every policy in trust for free - skipping the estate, dodging tax, and leaving more for your loved ones.