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This will help protect your family in the event of your death. Your mortgage debt does not die with you, so if you don't have life insurance this would mean your family would be left to keep paying the mortgage in the event of your death, they may not be able to afford to do this so could potentially lose their home. Life insurance can ensure the mortgage is repaid so you can leave your family the house mortgage free.

You don't just have to cover your mortgage with life insurance, you could also take out a larger policy to provide an additional lump sum in the event of your death

Life insurance pays out a cash lump sum if you die within the term of the policy. Cover is usually on a level or decreasing basis. With level term the amount of cover remains the same throughout the policy.With decreasing term, the amount of cover reduces over the term of the policy.

Life Assurance

 

Help protect your home, your standard of living and provide a nest egg for your family in the future with our range of Life Assurance products.

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