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LIFE INSURANCE /  (INC HEALTH)

Buying a home is probably the biggest financial outlay and commitment in anyone's lifetime. Whether you are loooking to buy your council property, a flat, maisonette, bungalow or terraced/semi-detached/detached house unless you have substantial cash savings you will will require a mortgage. If you are moving home you may require a removal firm to help you.
You may already have a mortgage and want to switch to a cheaper rate by remortgaging or refinancing to raise extra cash at the same time or apply for a secured loan/2nd charge.
 
You need to ensure that the mortgage/loan you choose is right for you. Cheapest interest rate is not necessarily the best choice: there could be financial tie-ins (you could pay a large redemption penalty should you try to change to another mortgage company before the cheap rate ends) or once you add in all the professional fees and charges associated with the cheap rate, the actual APR could be a lot higher than you originally thought.
 
Once you have chosen your mortgage or secured loan, you need to choose how to repay the sum that you originally borrow; this can either be by a straight "repayment" of interest and capital; "interest only" where you just pay interest back over the term of mortgage/ loan - and have either an endowment, ISA, pension or other other finicial vehicle to repay the capital (original amount of mortgage/loan). In some circumstances, you can even a get a combination of the two options.
 
Whichever option you choose, you will need some form of Life Insurance to cover for the unexpected and repay the mortgage/loan. The cheapest options are term assurance (level or decreasing).
 
Should you require an unsecured loan - you still require life assurance to cover you - for your own peace of mind to ensure your loved ones are fully protected should you not be around.

AXA PPP Health Ins

HSA Health Ins

MSM Life  or

LifeBrokers

LifeInsurance 

Norwich Union Health Ins

Standard Life Health Ins

 






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