Arranging life assurance leaves financial protection for your loved ones in the event of your death. This can be of great comfort at a very difficult time. Life assurance can be used to repay the outstanding mortgage that needs paying.
Life Assurance comes in two main forms:
- Level Term will give you the same amount of cover throughout the life of the policy and pay out that amount if you make a claim.
- Decreasing Term will decrease over the term, usually to match your decreasing mortgage amount, and pay out the current amount when a claim is made.
How do you know find the right life assurance for your circumstances? Let Brooklyns Financial assist you in setting up the right life cover for your family.
Please note that for these insurance products terms and conditions apply. This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of cover provided under your plan.
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