Posted March 14, 2025

Life insurance is a crucial financial safety net, ensuring that loved ones are financially secure in the event of an untimely passing. However, navigating the life insurance market can be complex due to the variety of policies, providers, and terms available. This is where using Watts Mortgage & Wealth Management becomes invaluable. We offer expert guidance, access to a wide range of products, and help tailor policies to suit individual needs.

Expert Advice and Market Knowledge

One of the key benefits of using us as a whole of market broker is our expertise. The life insurance market includes numerous providers, each offering different types of cover, including term assurance, whole of life, critical illness cover and income protection to name a few. We have extensive knowledge of these policies and can help clients understand the nuances of each option. Instead of spending hours researching policies, we can provide tailored advice, ensuring individuals select the most suitable cover for their needs and budget.

Access to a Wider Range of Policies

Unlike going directly to an insurance provider, we have access to a broad range of insurers, including specialist providers that may not be available to the general public. This means we can compare multiple policies and recommend options that offer the best coverage at competitive rates.

Personalised Policy Recommendations

Every individual has unique financial circumstances, health conditions, and insurance needs. We specialise in assessing these factors and recommend policies that best align with a client’s requirements. For example, individuals with pre-existing medical conditions may struggle to find affordable cover, but we can identify insurers willing to offer policies at reasonable rates with our extensive pre-market research. Similarly, self-employed individuals or those with specific financial dependents may require bespoke policies, which we can also help to arrange.

Assistance with the Application Process

Applying for life insurance can be a daunting process, involving medical assessments, paperwork, and detailed financial disclosures. We guide our clients through this process, ensuring applications are completed accurately and efficiently. This reduces the risk of errors that could lead to delays or rejections. Additionally, we also advocate on behalf of clients if any issues arise during the underwriting process, improving the chances of securing favourable terms.

Cost-Effective and Time-Saving

Many people assume that using a broker will be expensive, however our protection services are free for our clients. Moreover, because we can compare policies, we often help clients save money in the long run. The time saved by relying on a broker’s expertise also makes the process significantly more convenient.

Conclusion

Using a protection broker provides invaluable benefits, from expert guidance and access to a wider range of policies to personalised recommendations and assistance with the application process. We can simplify the complexities of life insurance, ensuring individuals secure the best possible cover at the right price. Whether purchasing a policy for the first time or reviewing existing cover, we would be more than happy to assist with your requirements.

For more information contact Katie Ellwood – katie@watts-ifa.com