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Realise the value in your protection policy

LifeSearch author Emma Walker
3 min read

by Emma Walker, Chief Marketing Officer

See author bio

LifeSearch's Chief Marketing Officer and Protection advocate.See author bio

Published 7 Oct 2022

Increased Covid cases through winter, NHS waiting times and the costs of living. These are just some of things set to impact our health, our happiness and, of course, our wallets in the coming months. To state the obvious, it’s driving up our stress levels and, today, over four in five (81%) UK adults say they’re “somewhat” or even “very” worried about the current situation.

Cutting costs in a crisis

Many of us are now looking for ways to cut our monthly outgoings. We’re dialling back at the supermarket, shopping for energy deals, trying to find cheaper fuel …
And it won’t be long before the subscriptions and insurances we have are up for discussion. The decision on what’s essential vs non-essential takes on new meaning when the choice is feed the family or heat the home.

Everyday benefits of insurance

When you take out a protection policy such as life insurance, income protection or critical illness, you know you’re doing the right thing for others. You’re arranging a financial pay out should death or illness impact you or your loved ones and providing an essential safety net to take care of the people who matter; when it matters.

But what many people don’t realise is that insurance policies often come with additional benefits you can use now. Many providers offer free access to health and wellbeing services - the kind you can use every day. So, it’s worth taking these extras into account as you assess how essential your policy is. You can decide whether you’re getting value out of your insurance today and every day … it’s not just about waiting to make a claim.

Access health experts

When actively used, a life insurance policy can become an everyday way to provide care and support for your family. From same-day doctor’s appointments to a medical prescription arriving at your door – there are many ways these additional benefits can help make life easier.

It depends on your provider but here are some examples of what may be written into your policy:

  • 24/7 virtual access to a GP
  • Second medical opinions
  • Prescription home delivery service
  • Mental health consultations
  • Bereavement counselling
  • Fitness plans
  • Nutrition guidance

Get your money’s worth

Thinking about the equivalent monetary value of these additional benefits can help you see your protection policy in a new light. Your life insurance policy can deliver value to regularly, not just when something horrible happens.

Imagine if you and your loved ones are able to access rapid GP support. Imagine having expert guidance on-hand as you get fit. Imagine being able to connect with counselling services (and not having to wait a year in a queue).

Sure - you probably took out life cover to pay off a mortgage or provide financial support in the event of the unthinkable happening. That’s the bottom line of life cover. But the reality is that you may be able to use your policy every day.
Bonus of benefits

Give us a call to discuss your existing policy, making changes or switching providers. It’s so important to keep your family protected and even better if you can benefit from the bonus of great features such as access to GPs and wellbeing experts.

And for these challenging times, if you recommend us and we'll happily give your friend or family member a call to help with their cover. As a thanks to you both, if they take out a policy through LifeSearch we'll send you both a £75 Amazon voucher.

 
LifeSearch author Emma Walker
Emma Walker Chief Marketing Officer
A career devoted to protection, Emma was the architect behind MoneySuperMarket’s Protection business, the creator of SunLife’s Digital presence and now Brand, Digital and Marketing for LifeSearch. Emma is fuelled by passion for making protection accessible and relatable for everyone.
See all articles by Emma Walker
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