If you have a mortgage, you’ll most likely need a life insurance plan that goes with it which is often referred to as ‘mortgage protection’. This means that the insurance policy is assigned (or owned) by the insurer. How it works is that you sign an ‘assignment of life’ and they then become the beneficiary of the policy but the payments are made by you.
If you want to get a cheaper one you can do so in a few different ways, first of all is annual premiums which typically mean you’ll get about a 10% discount on the price but you have to pay it all at once every year.
The other way is to get a re-quote, here we can help you with that as we have deals with all of the major life companies. We also have agreed discounts of up to 17.5% off the cheapest quotes out there with your first months cover given for free.
Call and we can discuss it, 01 6339245 or mail email@example.com