Life in­sur­ance, key tips Chris Ho­gan

Monthly Chronicle - - Business & Personal Finance -

We are of­ten asked by clients what they should con­sider when pur­chas­ing life in­sur­ance. This in­cludes cover against death, per­ma­nent dis­able­ment, loss of in­come and spec­i­fied trauma events. Life in­sur­ance can be a com­plex area, but in­cred­i­bly im­por­tant for many peo­ple and most fam­i­lies. Once in place, life in­sur­ance pro­vides tremen­dous peace of mind against an un­ex­pected event. held per­son­ally as it is tax de­ductible at mar­ginal rates.

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