No one likes to think that the worst will happen however we all know it does and it pays to be protected.
There is nothing more precious or important in life that family and looking after them today and in the future.
Life cover will pay off your mortgage in the event that you were to pass away meaning your loved ones do not have to worry about having to pay monthly mortgage payments or having to sell the family home at a time when they are grieving. Life cover protects the ones you love: your wife, partner, children anyone you care about.
A mortgage broker supplied Life cover policy has added extras you cannot purchase online yourself. It is more than just a policy; many insurers offer additional extras to help you and your family. For example, your life cover can pay out on diagnosis of a terminal illness potentially allowing you and your family make those final memories. Some of the additional benefits you could get with a mortgage broker include advance funeral payments, bereavement counselling, second opinions of a diagnosis.
You can still claim on your life cover if you have minor or less serious illnesses, which include physio, health helpline 24 hours a day for you and your children and much more.
We can advise on the life cover flexible options as there is more than one, dependant on your circumstances and what you want to get out of your life cover. For example, some take out a policy that will not just pay their mortgage but will allow enough for the following:
- Maintain your loved ones’ living standards
- Help with health and living costs if you become terminally ill
- Pay your children’s school or university fees
- Cover any personal debts i.e. credit cards, loans etc