Life Insurance
Life insurance will help give your family peace of mind and financial protection if unexpected happen and you pass away within the policy term.
It pays out a cash lump sum or monthly income to help make sure your loved ones can maintain their living standards or pay mortgage costs, rather than leave them with debts and financial worries.
Whether you need life insurance will depend on your individual circumstances.
Level Cover
The amount of the cover you have selected at start of policy will remain at the same level throughout the chosen term. You will pay the same premiums during the policy term.
Decreasing Cover
The amount of cover you have selected decreases each month over the policy term with the line of the outstanding balance of a repayment mortgage or loan. The Premiums you pay stay the same throughout the term.
Increasing Cover
You can choose for your cover to increase each year in line with inflation and/or changing circumstances (e.g. marriage, birth etc.). Your premium will increase each year to pay for the increased cover.
MProtect is a trading name of Katarina Herman who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority. Our mortgage advice fee is £350.
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Trading address – MProtect, 11 Moylena Meadow, Antrim, BT41 4AF