It’s a tough question, but it’s a good question to ask when you are taking out a large debt against your home. Often, people leave it too late to ensure that their home and family would be protected against the risk of death, and can leave more than just emotional pain behind.
Life insurance generally pays out a cash lump sum if you die within the term of the policy. Cover is usually on a level or decreasing basis.
THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.
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Simon Lock
18 April 2024
I have used Wimborne Financial Services multiple times over the years. They have provided a professional, fast and easy to understand service. The advice they have provided me has always provided great value saving me and my family money.
A particular example has been the advice and product recommendations provided prior to recent large interest rate increases.
I would highly recommend.
Andrea and Graham
19 June 2023
Andy has dealt with our financial requirements from soon after he started in business 15 years ago. He was clearly extremely knowledgeable then and having come from another high pressured commercial background knew exactly how to find the best solutions for all of our needs since. If you want straight forward good advice then you will get it and all the mortgages he has done for us over the years have been spot on. Always keeps you up to date on the progress of each event and has been more than happy to offer ongoing advice even when there is no business in the offing.
Would thoroughly recommend
Andrea and Graham - Poole
Georgina Mountney
18 April 2024
Andrew has helped myself and my family with our mortgages for a number of years now. He has always been incredibly helpful and approachable, ensuring we get the best possible deals. Would highly recommend.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
