Dealing with the death of a spouse or partner is always challenging, and sadly, along with the emotional strain come pragmatic issues, including handling the loved one’s money. Increasing numbers of elderly borrowers will need to know the consequences of owning a mortgaged house when their spouse or partner dies, as more mortgage lenders are […]
Life insurance is a crucial financial tool that offers peace of mind and protection to your loved ones in the event of unforeseen circumstances. For UK residents who own a limited company, there’s a lesser-known but highly advantageous method to secure life insurance while maximising tax benefits. By paying for a life insurance premium through […]
Life insurance plays a vital role in providing financial security to people and their loved ones during critical moments. In the United Kingdom, the significance of life insurance is well-recognized, as it offers a safety net that helps protect families and dependents from unforeseen financial hardships. However, like any financial product, life insurance is subject […]
Life insurance offers financial security and peace of mind for people and their families. However, navigating the complex landscape of life insurance policies can be daunting. It is where the expertise of a life insurance broker/ advisor becomes invaluable. In the UK, these professionals offer a range of benefits to help individuals make informed decisions […]
Life insurance policy is crucial in safeguarding your loved one’s financial well-being due to your untimely demise. Knowing that your family will be protected and provided for during difficult times offers peace of mind. This article will delve into life insurance, its importance, and the various types available to help you make informed decisions about […]
In order to find the most suitable life insurance for a person who falls outside of the preferred category, numerous health questions must be asked. Customers may be turned down if they do not respond honestly or omit information. Therefore, in order for their broker to obtain the lowest price for which they actually qualify, […]
Life insurance is a financial product that allows you to leave money to your family if you pass away. This money can be used to maintain them for an extended period, replace lost income, or pay off a significant debt like your mortgage. For life insurance, you pay a monthly premium. The amount you pay […]
Here we will tell about our client’s experience, taking out equity release on their home. They wanted to purchase a life insurance policy that would pay out a lump sum if one of them died. It was performed so that they wouldn’t have to use their loan money. The clients decided that a £40,000 sum […]