Moving house is a stressful time and their are lots of things to do like changing your address with banks, driving licence dept, schools and the list goes on. Usually when people move they move into a bigger more expensive house as their family grows and so maybe a mortgage of £150’000 is now £225’00’.
Would you current life insurance mortgage policy cover that if you died? The lump sum payout before for the house would have been just enough to pay off your old mortgage or house value.
When moving house you need to do a rain check on all your life cover polices to check what values they pay out and check whether they are for enough value to cover big debts like your mortgage, loans and …
Starting a family, getting married, buying a home or maybe changing jobs? All of these have risks attached to them and having life insurance gives you and your dependants and safety net with life cover.
Starting a family and with children in the home can put spanners into the works on many levels and the life insurance is a must with all the “what if’s” As soon as you see and hold your first child you know exactly what we mean by nothing else matters apart from the future of that child’s life. The safety, the knowledge that he or she will be looked after if either of you ever died and left a mortgage, debts, bills and costs.
Buying a home is the biggest financial commitment a couple can …
Many people have a mortgage and a family to support. What would happen to your families home if you died and the mortgage stopped been paid? If you didn’t have Mortgage life cover probably the worse thing that could is your families home would be reposessed, would have to move out and left with debts.
This all can be avoided by having mortgage life insurance to cover you and your family for the unplanned event of death. Your mortgage would be paid off instantly and your family would have one less thing to worry about if you did die and they were left without you.
For a small monthly fee you can protect your family with life insurance cover that could equal or be more than your mortgage at …
Did you look at your life insurance policy to see if you still are covered by the right amount of your mortgage?
People move house at least once or twice in their lives and tend to upgrade in the way of the next house costs more. This sometimes means your life insurance for example covered your old house at £125’000 but you then move into a house worth £175’000. This leaves a short fall and possible bill for your family to pay in the unfortunate circumstance of your death.