You can decide what kind of cover you want, depending on your circumstances.
If you want your family to get a lump sum, you choose between an amount that stays the same, one that goes down in line with your outstanding mortgage or one that goes up with inflation.
A level lump sum will pay out the same fixed amount no matter when the claim's made.
With single life cover, you can take separate covers for yourself, or your partner individually, within one application form. This would mean the Insurance Company would pay out twice if you were both to die.
With joint life cover you can insure yourself and your partner together and the policy would pay out just once - when the first person died.
Life cover will help your partner or your family keep up the lifestyle they're used to if you die or become terminally ill.
Tel: 07711 005774
Fax: 0191 5006767
EMH Financial Planning
11 Constable Gardens
Or use our contact form.
Life has so many surprises it's best to be prepared and have a partner you can count on.