With any mortgage it is advisable to review the risk of additional debt and weigh up the option of taking out life insurance, to ensure your home and loved ones are protected financially should the worst happen.
A life policy is subject to your current age, height and weight together with any medical conditions. These points are taken into account by life assurance providers when they price your policy. Mortgage Evolution's brokers will talk you through the process to ensure you have the correct cover for your stage in life, and therefore that you have peace of mind.
There are other options that can be added on to a life insurance policy too, such as critical illness cover, which would pay a sum in the event of certain diagnoses rather than death.
Let's face it, it is a miserable subject to discuss, but usually the cost is relatively minor in comparison to other monthly expenses, so we do encourage those taking on more financial debt to really consider if a policy is correct for you.
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Mortgage Introducer Awards 2021
We are thrilled to announce that Mortgage Evolution has been nominated for the Best New Entrant (Broker) award, and that our own Gareth Richards has received a Best Broker (Individual) nomination.
The Awards celebrate excellence in the industry and will take place on 22nd November 2021.