How quickly can claims be paid?
Making a claim under any circumstance is a stressful and upsetting time in anyone’s life. At Future Proof, we have a specially trained claims team, that provides each customer with a dedicated point of contact. Our team will advise, handle the paperwork and if need be contact insurance companies on your behalf.
We are mindful that the most important time for our clients to receive help and advice is when there is a claim.
The circumstances of every life insurance claim are different so the time varies.
If your policy is written in Trust it will mean that a claim will be paid far more quickly than without one. The benefits will go directly to who you choose in your Trust and will stay out of your estate meaning it will not be reduced by Inheritance tax.
We even have a Trustbuilder service whereby we partially complete your forms and all you have to do is sign them and have them witnessed. This is a no-obligation service that we offer all customers.
Trusts are not regulated by the Financial Conduct Authority. The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.
Most insurers have a funeral pledge agreement, whereby if probate is still outstanding they will forward between £5 and £11k upfront to help pay for the funeral.
Whilst you are welcome to get a quote online, we would recommend you speak to one of our advisers.
Any quote that your adviser provides you with will take into account your circumstances and medical history, as well as your budget!
An online quote is just that – a quote – it isn’t a definite offer of cover. What really matters is the premium you are offered, after your application has been assessed.
Call Freephone 0800 644 4468 – Monday to Thursday from 09.00 to 19.00 and on Friday between 09.00 and 17.00.
Interested in related stories?
Take a look at our handy guides ‘What Cover is Right for me?’
Do you suffer from a medical condition and concerned you can’t secure Life Insurance? Please view our ‘Medical Guides’ for further information.
Whilst we will make every endeavour to help someone to arrange insurance, there is no guarantee of success. All applications are subject to underwriting.
Links to third-party websites exist for information only, and we accept no responsibility or liability for the information contained on any such sites.
The existence of a link to another website does not imply or express
endorsement of its provider, products or services by us or St. James’s Place.
ID no: 80389359