Your Key to a better Mortgage

Life assurance

Fact:
Life Assurance is a protection policy which pays out a lump sum if the policy holder dies.

Benefit:
The pay out from the life cover can be used to clear the mortgage, and therefore surviving relatives do not have the worry of taking on the outstanding loan or being forced to sell the property.

More than one type of life cover is available but the main two are: Level Term Assurance, in which the amount paid out remains the same throughout the term of the policy, and Decreasing Term Assurance in which the amount reduces in line with the mortgage balance as the policy goes on. We can offer advice on both types of mortgage insurance outlined above.

For life insurance we usually offer products from a selected panel of providers.

Why not call your local Independent Mortgage Advice Bureau now and benefit from our free, professional and impartial advice on life insurance?