Life Insurance Cover
Life insurance is a simple protection product which is designed to pay out a lump sum should you due during the life of your plan. The benefit payment is paid to your loved ones to help them cope financially during such difficult times.
When set up correctly the benefit payment is paid out tax-free to your beneficiaries to use however they see fit, it could be used to pay off a mortgage, any outstanding loans or just to help with everyday financial commitments.
There are different types of life insurance to consider depending on your circumstances:
- Level Term Insurance
- Decreasing Term Insurance
- Single or Joint Life Policy
- Family Income Benefit
At Dallas Mortgages, we will take time to discuss the different options that are on offer to you and tailor a plan to suit your needs.
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