Life Insurance for Other Purposes

To cover loans, credit cards or buy to let mortgages

Most People Cover Their Mortgage & Forget Everything Else

The obvious use for life insurance is to pay off a residential mortgage, but here are some other reasons why Clients take out additional life insurance:

To pay off a Buy to Let mortgage (to provide additional income)
Tenants may take out life insurance to provide a mortgage free home for their family
To pay off other debts eg credit cards and loans
To provide a sum to cover School & University Fees
To cover Inheritance Tax
To provide a lump sum for a good start in adult life for children
To allow a period of time off work for an extended holiday to spend with family
Funeral Costs