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According to behavioral finance studies, consumers who are confused will invariably put off making decisions. Additional research has shown that this is particularly true for people shopping for life insurance. In fact, the use of such terms as accelerated benefits, death benefit, annuity and protection have been shown to further confuse the customer and according to research, makes them less likely to trust the life insurance industry as a whole.In response to news such as this, Claybrooke Life Insurance out of Cardiff, UK has launched a campaign to make local consumers aware of the great need of life insurance and their own personal commitment to customer care. Says Kate Reid, spokesperson for Claybrooke Life Insurance, "Part of being a responsible adult and parent means making sure that those who love you and depend on you are financially cared for if you unexpectedly pass away. The best way any parent or guardian can do this is with life insurance. At Claybrooke Life Insurance, we want everyone to know how important it is to safeguard your family in the event of your passing, to take the steps now, before it's too late."
Reid goes on to say that many people put off applying for life insurance because they feel their current pre-existing health issues will make it impossible to obtain. "Individuals with pre-existing health conditions often hold the belief that it is impossible for them to acquire life insurance and even if they succeed, the policy will cost them heavily. While it may seem unlikely, Claybrooke (www.claybrooke.org.uk/pre-existing-conditions/) can find life insurance policies with competitive prices for those with pre-existing conditions."'
Even those living with Irritable Bowel Syndrome or IBSare often reluctant to apply for life insurance for fear they will face exorbitant rates or be declined all together, says Reid. "If you have already been living with IBS for several or more years, then the condition will qualify as a pre-existing condition on the application." However, at www.claybrooke.org.uk/pre-existing-conditions/ibs-life-insurance/, Claybrooke Life Insurance explains how they can help. "A savvy health insurance buyer can always find a reasonable policy. So at this point, read up on IBS and life insurance to make sure that you are protected."
Finally, in their quest to make the public more aware of their options where life insurance is concerned, mental health is always a concern says Reid. "Mental health can have many different impacts when it comes to life insurance, with it often depending on how severe and recent the condition was. The good thing to know is many different medical conditions still allow individuals to obtain life insurance to protect debts or their families. Depending on the circumstances and after being subject to the underwriting process, it is possible to obtain life insurance while having anxiety, depression, stress, bipolar disorder, panic attacks, and incidents of self-harm and suicide attempts. Please see our web page at www.claybrooke.org.uk/pre-existing-conditions/life-insurance-mental-health-coverage/ for more information."
About Claybrooke Life Insurance:
Claybrooke Life Insurance offers critical illness, income protection, and life insurance. In order to provide their clients with the best prices, their life provider does a detailed analysis of current insurance providers to find the best rates and benefits to match their customers' current budget and needs. The team at Claybrooke Life Insurance prides themselves on their exceptional customer service. In addition, they strive to provide their users with the best team of personal protection experts available in the business today.
Contact Info:
Name: Kate Reid
Email: Send Email
Organization: Claybrooke Life Insurance
Phone: 0203 150 1349
Website: http://www.claybrooke.org.uk
Release ID: 117211
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