Although the prospect
of your death or suffering a critical illness
is something you would rather not discuss, it
is an extremely important part of your financial
planning to protect your family in the event of
the worst happening.
At RL Mortgage Solutions we will search the whole
market to get the best cover for you, and we do
not charge for this service. Of course all your
personal information will be private and confidential.
We understand that this can be a sensitive area,
and you can rest assured that the application
will be dealt with the upmost privacy and integrity.
Some types of insurance we advise on are
Term Assurance - Term insurance
is the cheapest - and simplest - form of life
insurance. You insure yourself for a set term
- until a loan is paid off, for example. It doesn't
contain any investment element - it simply promises
to pay out if you die within the term. If you
don't die within that time, you receive nothing.
Mortgage
Protection - Mortgage Protection is a
kind of Term Assurance specifically designed to
repay, on death, during the term, the amount outstanding
on a 'capital and interest' repayment mortgage.
In other words, if the policyholder(s) die prematurely,
the outstanding loan amount on the mortgage will
be repaid in full.
Critical Illness
Assurance - Like term assurance and mortgage
protection this type of policy can be done on
a level or decreasing basis. However unlike life
cover it pays out on the diagnosis of a specified
critical illness and not death. For example this
may be a heart attack or a stroke.Advances in medical technology mean we are living longer and surviving conditions that would have resulted in early death for many people a number of years ago, therefore critical illness is a
very important cover to consider, as your life
cover will not pay out, but you may be unable
to work again.
For more information or a quote call now.
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