Life insurance in Stevenage
Your home may be repossessed if you do not keep up repayments on your mortgage.
The value of pension and investments can fall as well as rise. You may get back less than you invested.
Having recommended the most appropriate mortgage deal for you, our assistance doesn’t stop there – we can advise you on how you can protect your home and family. Having made, what in most cases will be the most expensive purchase, it would be foolhardy not to ensure that, should an unfortunate event occur such as death or suffering a critical illness, that you/your family could stay in your home, rather than being faced with financial difficulties and perhaps finding somewhere else to live.
Mortgage Hunters operates from a panel of leading insurance providers and can recommend appropriate levels of cover for your home, your property and family. Whatever your budget for insurance we can make sure you are paying for the right cover.
At the very least you should have sufficient life cover to pay off your mortgage, and if you have the budget include critical illness cover. This form of cover is often less expensive than you may think.
If you have dependents or your wife or partner does not work or have an income then you should consider taking family cover. This maybe a different form of life or critical illness policy, or a family income benefit.
If you are a partner or director/shareholder in a business you may need to consider partnership/director/shareholder protection or Keyman cover for someone else important in your business such as a key salesperson or someone with important technical knowledge. Having the right cover could have the following benefits:
- In the event of the death or a partner or director – life insurance could provide the means to buy out the deceased’s family.
- In the event of the death of a key person – cover could help the business through a period of loss of profits or to recruit a replacement person.
- Protect business borrowings and commercial mortgages against the death of a partner/director.
You have spent a lot of money, time and effort building your business, don’t put it at risk by failing to take out the right protection.
Looking for life insurance? Call 01438 359300 for a FREE, no-obligation initial consultation today!