Life insurance in Stevenage
Your home may be repossessed if you do not keep up repayments on your mortgage.
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!
Mortgagehunters Limited T/A Mortgage Hunters Financial Services is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 776832.
There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed but we estimate it to be £899 or up to 2% of the mortgage amount.
Not all services we offer are regulated by the FCA
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation.
Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender.
Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
For sales of non-investment insurance products such as life and critical illness insurance, we are remunerated by commission from the insurance provider. Commission will normally be based on a percentage of your premium for a set period of time.