Opening hours
Mon - Sat: 8am - 8pm
Sun: 10am - 5pm
57 High Street
Rayleigh, Essex, SS67EW
Phone numbers
01268 330 880
07738 165 602
Phone numbers 01268 330 880

Life Insurance

Life insurance, also known as life cover, acts as a financial lifeline for your loved ones once you’re gone. There are many types of life insurance policies out there, but at Russell Financial Solutions, we aim to make the process of choosing the right plan for you as easy and stress-free as possible.

Our skilled insurance advisers in Rayleigh will ensure that you choose the best life insurance policy to suit your individual needs, meaning your loved ones can be looked after financially when you’re no longer around. If you need advice and would like to speak to one of our insurance advisers in Rayleigh today, don’t hesitate to get in touch.

How does Life Insurance work?

Life insurance involves making monthly payments (known as premiums) and after you pass away, a lump sum pay-out is issued to your family. The value of the pay-out depends on which type of life insurance cover you choose during your consultation with one of our insurance advisers in Rayleigh.

It’s designed to provide you with the reassurance that your dependents will be looked after if you’re no longer there to provide.

Depending on the type of life insurance cover you choose, you can decide how it is paid out and whether it will cover specific payments, such as mortgage or rent.

There is lots to consider when choosing your life insurance policy, which is where we come in. We are experts when it comes to insurance advice, and our team in Rayleigh are on hand to make the process as informative and transparent as possible.

If you have any questions regarding pay-outs, expiry dates, or would like to know more about the different life insurance plans, get in touch today to arrange a consultation.

There are two main types of Life Insurance:

  • Term life insurance policies These plans run for a fixed period of time (known as the ‘term’ of your policy) – such as 5, 10 or 25 years. These kinds of policies only pay out if you die during the policy. There’s no lump sum payable at the end of the policy term.

  • A whole-of-life policy These life insurance policies will pay out no matter when you die, as long as you keep up with your premium payments.

Do you need Life Insurance?

A life insurance policy from Russell Financial Solutions will help you provide for your loved ones after you pass away. We recommend taking out a life insurance policy if you have:

  • dependants, e.g. school age children
  • a partner who relies on your income
  • a family living in a house with a mortgage that you pay

The pay-out from your policy can also be used to cover funeral costs, ensuring your family and friends can give you the send-off you deserve.

Pop into our insurance specialists in Rayleigh to speak to one of our advisers about helping you choose the best life insurance policy to suit your individual circumstances.

Contact our Life Insurance Advisers today

Contact Russell Financial Solutions in Rayleigh today to receive our expert guidance and insurance advice. As one of the most reputable financial advisers in Essex, you are guaranteed to receive advice you can trust, to ensure your family are provided for in what can be an upsetting time.

Give us a call on 01268 330 880, or use our online contact form to book a consultation with one of our skilled insurance advisers.

Contact Our Insurance Advisers Today

Contact Russell Financial Solutions in Rayleigh today to receive our expert guidance and insurance advice.

Get in touch

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  • Kerry Slater
    Very happy with the service we have received! Very quick replies to emails and proactive in helping with the whole process. Not just the mortgage service included but also life and home insurance services too! Many thanks to Jack Johnson and Glen for their help specifically, will continue to use them both in the future :)
  • Hayley Thirkettle
    From day 1 glen and his team showed commitment and such a professional standard. He made sure all my questions and concerns were dealt with promptly. He made getting my first mortgage / property a breeze... highly recommend.
  • Joanna Kurn
    Fantastic service. Found the best deal for our remortgage in very quick time. All went through with no problems. Helped with all the documents we needed and informed us when we had completed on the mortgage. Would highly recommend.
  • Paul Addison
    Brilliant Service, from the initial phone call with Glen, to emails with Maxine it was very easy and painless. Got a great new deal , completed bang on time, and cannot find any fault at all. Would highly recommend, and will back when this deal is due to expire!!
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