A mortgage is a ‘secured’ loan, which means that the loan is secured against the value of the property being purchased until the mortgage is paid off.
The main purpose of Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you.
Traditionally, we have our buildings and contents insurance with our mortgage lenders, which may be uncompetitive in a very competitive marketplace.
It is quite natural for most people to want to make sure their families (and themselves) are going to be financially secure in the event of loss of income, illness or worse.
Without health insurance, an illness or accident can have serious long-term financial implications for you and your family. Talk to Blestium today and protect your future.
Equity release is typically available to people who are over the age of 55 and have their own home with a significant amount of equity tied up in it.