Level term life insurance comparison

Top Tips on Life Insurance

2. But How Do You Choose The Right Policy? There are many kinds. Some just provide for your dependants; but others are designed to protect a mortgage or help reduce the burden of inheritance tax. We’ll cover the most important ones here. There is a lot of confusing terminology about insurance, and we’ll avoid that as far as we can. But in many, if not most, cases, Level Term Life Insurance or Assurance is probably your wisest choice. A Level Term Life policy is a popular, simple kind that pays a given amount (“Level”) if you die within a fixed period of time (“Term”). So your beneficiaries would get, say, £150,000 if during the fixed term, say 15 years, you die. But after the term ends...

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Mortgage Protection Insurance Comparison Ireland, Cheap Mortgage Protection

Cheap Mortgage Protection Insurance Ireland What is mortgage protection insurance? Mortgage protection is an insurance policy that will cover the outstanding amount owed on your mortgage in the event of the death of either you or your partner. If you are looking to take out a mortgage, you will need a mortgage protection policy in place before you can draw down the funds as per condition of approval. As per Section 126 of the Consumer Credit Act 1995 the lender is legally required to ensure you have mortgage protection insurance before giving you a mortgage. If you have approval for a mortgage loan solely in your name, you would have to take out a policy to cover your life. If the mortgage...

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