Life assurance ensures if you were to die your loved ones would be provided for with a tax free lump sum payout. The lump sum can be designed to clear your mortgage, leaving your family debt free.
Even if you don’t have a mortgage you should consider life assurance to ensure your family are fully financially provided for.
There are two main types of life assurance…
will payout a fixed amount for the chosen term of your cover.
reduces the amount of cover you have over your chosen term, normally in line with the reducing balance of your mortgage. As such the premiums are lower.
Term assurance policies do not have surrender values or penalties for cancellation. Therefore it can pay to see if there are better or cheaper
policies on the market today if you took out your policy a while ago.
For life assurance we recommend considering use of a life assurance trust which can be setup free of charge to speed up the payout and reduce inheritance tax.
Please contact us to review your needs and provide you with a best value life assurance quote.
Could not be more pleased with the service from Chartner’s Independent Mortgage Brokers, always clear and concise information, and willing to go the extra mile in helping us make a smooth transition. Would highly recommend Dave and would use again should I have the need.
I have used Dave on both my properties for a couple of years now, extremely professional, manages to get me brilliant quotes all the time, on top of his customers reminding me when it’s time to remortgage. Highly recommended!!!!
Very professional service. Chartners made our whole process run very smoothly and always on hand to answer questions. Wouldn’t hesitate to use them again. Thank you so much.
Dave Samuels handled my mortgage with such expertise covering every element and ensuring I was informed of all the options available to me. We changed our mortgage deal to a new provider and it was completed in 2 weeks during the pandemic too. I highly recommend Dave to anyone.
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