LIfe insurance will pay you a lump sum if the insured person dies or is diagnosed with a terminal illness with a life expectancy of less than 12 months.
Many families will use this type of protections to be able to pay off their mortgage balance.
MORTGAGES ARE SUBJECT TO STATUS, VALUATION AND LENDER CRITERIA.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
AS WITH ALL INSURANCE POLICIES, CONDITIONS AND EXCLUSIION WILL APPLY.
There may be a fee for arranging a mortgage and this will be discussed prior to submission of an application. This will typically be £499 but could be up to £999, depending on your individual circumstances
Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA Number 1000972
Registered Office: My Dream Mortgage Limited, Rivers Lodge, West Common, Harpenden AL5 2JD
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