What is it?
As the name implies, this type of life assurance pays out when you die, whenever that may be. It is usually, but not always, a more expensive option than term insurance simply because the life assurance company knows that it will definitely pay out at some point.
Many of these plans offer some form of investment content and so can be more flexible than term insurance and can acquire cash in values.
Who is it for?
This type of plan is designed for those who want to leave a lump sum in the event of their death, whenever it may occur.
It can be used to pay off debts that will not be repaid during your lifetime or for those who want to leave a lump sum to pay a potential inheritance tax liability.
We are a Small Friendly Efficient Team of Mortgage Advisers with building long term great client relationships at our heart.
We normally charge a fee for mortgage advice, however this will be dependent on your circumstances.
The information given in this website does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision. The FCA does not regulate some forms of buy to let mortgages.
If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email. Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (FOS).
Independent Mortgages And Financial Solutions Ltd is directly authorised and regulated by the Financial Conduct Authority. FCA Register No 480536. Registered in England and Wales No: 05083705. Registered Office: 62 King Street, Norwich, Norfolk, NR1 1PG. Calls may be recorded for training and monitoring.
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We normally charge a fee for mortgage advice, however this will be dependent on your circumstances.
The information given in this website does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision. The FCA does not regulate some forms of buy to let mortgages.
If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email. Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (FOS).
Independent Mortgages And Financial Solutions Ltd is directly authorised and regulated by the Financial Conduct Authority. FCA Register No 480536. Registered in England and Wales No: 05083705. Registered Office: 62 King Street, Norwich, Norfolk, NR1 1PG. Calls may be recorded for training and monitoring.
To view our Privacy Statement, please click here. To view our Cookies Statement, please click here