An estimated half of UK mortgages are at risk if one of the policyholders dies
Around only 50% of UK households with a mortgage currently have a Life Insurance policy. It’s a shocking statistic that means 1 in every 2 families is potentially at risk when one of the mortgage payers dies.
Life insurance can provide up to £10,523 as a lump sum payment to dependents of the policyholder, meaning mortgage payments can be met, and even paid off in full, along with other outstanding debts, including funeral costs.
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What’s more, life insurance can be taken out at any point, meaning it’s never too late to safeguard your loved ones. And with policies starting from as little as £5 per month, it’s a much more affordable option than you may think.
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It’s easier than ever to obtain the policy that best suits your circumstances thanks to quote comparison providers such as Life Insurance Cover. Simply answer a few basic questions, and you’ll be contacted by a life insurance expert who’ll be able to determine the most suitable quotes from the widest range of available policies. They will also help explain your options, and provide your quotes for free with no obligation to buy.
Getting life insurance isn’t about you, it’s about the ones you love and ensuring they aren’t left vulnerable once you’re gone. The sooner you put your policy in place, the sooner they’re protected.Get Started >>