Insurance Advice From The Co-op

Published: 6/7/2010

Life Assurance plans are something that everyone should have, as long as they are the most suitable for the customer. The CIS Life Insurance division is offering some handy tips to help customers make sure their loved ones are looked after.

CIS Insurance are, for example, offering customer alerts to advise of premium increases as well as identifying the best life assurance policies for those with children. A key aspect of this type of cover is the provision of income replacement, where a sum is paid on a quarterly basis to the remaining family.

A word of warning is also issued regarding Whole of Life policies, from the CIS or any other insurance company, since they are tied in to the performance of the stock market. This means that the amount payable could actually be less than that paid in.