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Life protection!
Essential Protection Costs A Lot Less Than You Think
Mortgage life protection is one of the most popular and basic levels of
insurance. It is also one of the cheapest insurances you can buy.
It provides a lump sum should you die during the term of the policy
(which is usually the same as the mortgage term). If you arrange the
cover to match the same amount as your mortgage then it will provide
your family with enough money to clear the mortgage debt.
It is advisable to arrange more cover than just the mortgage amount so
that some basic financial provision is in place for your family,
especially if you have or are planning to have children.
The monthly premiums are based on your age and the amount of cover
required, along with the term and your current state of health. But monthly
payments can cost much less than buildings and contents insurance or the
family’s car insurance payments. This provides a huge amount of core
protection for very little cost.
For a free quotation for life cover click here
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