It blows our mind that people have pet, phone & car insurance yet overlook life insurance even though this could be the cheapest monthly payment you make and is just as important as the mortgage itself. Have a listen to the 60 second clip and for a no obligation quote get in touch via email hello@patrickjamessolutions.co.uk Your home may be repossessed if you do not keep up repayments on your mortgage
Okay welcome to today’s snippet of the mortgage protection world, today’s topic lifestyle protection. Everyone throws the terms life insurance and critical illness about, what I’m talking to you today is about lifestyle protection and something personally I have because I’m self-employed. I’m wanting to make sure my family’s future is protected when I’m not here and I’m not just talking about paying my mortgage off. I’m making sure that there is substantial financial support in that instance for however many years they need it. So I’m actually basing that round our lifestyle and expenditure so that figure is irrelevant to what my mortgage is. I’m looking at probably five times income just to support my family if I’m not here but more importantly if my family or my wife or my girlfriend, boyfriend isn’t here, that I have the financial support to stop what I’m doing and concentrate on my children. That’s what’s important and that’s what you need to think about and it’s something people forget to do.