Life Assurance | Is Your Family Properly Protected?

The one thing we all have to face at sometime in our lives is the inevitable fact that we are going to die. As individuals we don’t know when this event will take place so if we care about what happens to our loved ones we need to plan for this event to ensure that our demise is the only catastrophic event that they will have to deal with.

 Life assurance

Fortunately for a very low cost we can rest assured in the knowledge that whatever happens, whenever it occurs the only thing our family have to cope with is the tragic loss of a loved one. At the mortgage broker we highly recommend that you take out a Life Assurance policy to cover either your existing or new mortgage and to protect your family by ensuring that your surviving partner can pay off the outstanding mortgage and to continue their lifestyle without the added financial burden imposed in the event of your demise.

You can choose to either have a Term Plan, where the sum assured remains the same throughout the whole term of the policy, or a Decreasing Term Plan, where the sum assured reduces in line with the outstanding amount of your mortgage each month.

We can offer comprehensive and competitive protection products from some of the UK’s top insurers: Legal & General, Zurich, Friends Life, Aegon and LV (income protection only). The plans aim to pay out a guaranteed sum of money if the Life Assured dies or is diagnosed with a terminal illness and is eligible to claim during the term of the plan.

Term Assurance automatically includes:

Terminal Illness Cover – the sum assured will be paid out if the Life Assured is diagnosed as suffering from a terminal illness and is eligible to claim (for example when life expectancy is less than 12 months). This does not apply to the last 18 months of the term of your plan.

Premiums can start as low as £5 per month, dependant on age/gender/smoker/non-smoker/medical conditions. Cover can also be obtained for a maximum term of 40 years, up to your 80th birthday.

You don’t have to take out a mortgage with us to benefit from our highly competitive insurance deals. Our team of specialist insurance advisers will be happy to help you find the right life assurance deal to suit your individual requirements.

You can get the advice of our expert team by calling today on 0845 6031695 (Local Call Rate) or email them at leaving your contact number and they will call you back.