Life Assurance
As your mortgage is probably your largest financial commitment, it is vital that it is protected. Call us today to discuss the many ways that this can be achieved.
One type of protection is Life Assurance which pays out a specified amount of money when you die or if you develop a terminal illness during the policy term. If there are people who are dependent on you financially, taking out a life assurance policy can make their lives easier upon your death, by helping to pay off your mortgage.
The amount you pay in premiums, usually monthly or annually, will vary depending upon:
- Your age, sex, occupation and lifestyle (e.g. health and smoker status)
- The sum assured
- The length or term of the policy
This type of policy has no cash in value at any time.
For insurance business we arrange policies exclusively from Legal & General.