Mortgage Protection Most home loans require mandatory life cover. This means if you die during the term of the mortgage, an insurance policy, is payable and repays your mortgage, ensuring you need not worry about the repayments. Premiums depend on age, health status, occupation, smoking habits and can vary from one insurance company to another.
What is Life Insurance? Life insurance is a simple product designed to provide a lump sum or Monthly income payment on death. It is designed to provide your dependents with financial security on your death and ensure that they are not left with a shortfall in income. It can also be used to protect mortgage
Time to Review Your Life Insurance? Most people just take out a life policy, stick it in a drawer and never look at it again. You should review your life insurance or mortgage protection every few years. Check if there is better cover available or if you can get better value elsewhere. Did you know that
Whole Life Policy: A whole of life policy is taken out with the intention of covering you for all of your life. There is no set term on the policy, it will continue forever. Sounds good eh, but there are some downsides; It is expensive. Because you are covering yourself until you die, the cost
Over 50’s Insurance Guaranteed acceptance – no medical needed We understand that not everyone wants to go through the details of their medical history to take out a protection plan – we know that some people find this awkward. If you are aged between 50 and 80 and apply for 50+ Easy Life Cover, you
Negative Equity Insurance Negative equity insurance is simply using a life insurance policy to fund the difference between to value of a property and the outstanding debt on it should you pass on. This is a very prudent estate planning measure; whilst you may be in a position to manage your affairs on an ongoing