Explore

Life insurance

What is a life insurance policy?

Life insurance will provide a sum of money in the event of death during the term of the policy.

There are two main ways in which this cover is arranged:

A decreasing term assurance policy pays out a cash sum in the event of death, however the amount paid out decreases over time. These policies are usually taken alongside a repayment mortgage so that the amount paid out is the same as the amount left on the mortgage. As the amount of cover decreases over time, the premiums for decreasing cover are typically cheaper than level term cover.
A level term assurance policy is where the amount of cover stays the same throughout the length of the policy therefore the premiums are usually higher than decreasing term assurance.

What you need to know...

We will search our panel of protection providers and offer products to cover all your protection needs.

If you want to protect your family if you die, contact us.

What now?

You can use our tools to find out more, or click ‘get advice’ to speak to an adviser.

Worrall Mortgages Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority FCA no. 1009151 Registered in England and Wales no. 14008800. Registered address 22a Main Street, Garforth, Leeds, LS25 1AA.

This information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.

There may be a fee for mortgage advice. The precise amount will depend on your circumstances but typically this will be £395.

Your home may be repossessed if you do not keep up repayments on your mortgage or any loan secured on it.

Conveyancing Services and Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority.

Visit us

22a Main Street, Garforth, LS25 1AA

Contact us

Complaints

Privacy

All rights reserved © Worrall Mortgages | Powered by Social Blueprints