We don’t provide mortgage advice. We do however provide mortgage protection. Mortgage protection is a general term which could refer to life cover, critical illness cover, income protection and others.
It is very important that your protection is tailored to suit your needs and budget. There are many important factors to consider and we can guide you through this and help you to reach the right decisions for you.
If you also need a mortgage, we’d still like to hear from you as we have connections with mortgage advisers who we can highly recommend.
Simply Life is a new and innovative type of Life Cover from Aegon promising a low cost and easy to understand protection product.
There are various ways of calculating how much life cover you should have. You will need to consider all of your debts, including mortgage, credit cards, car loans etc and also the ongoing monthly costs that will continue after death.
If you have a repayment mortgage, it is quite likely that you protected your mortgage with a decreasing term assurance policy.
This type of plan provides protection over the term of your mortgage, with the level of cover reducing in line with your decreasing mortgage liability.
The advantage of decreasing cover, as opposed to level cover, is simply that the cost is lower.
However, this approach could turn out to be a bit short sighted and not necessarily the best type of plan for you, so please read on.
After a long career dealing with other people’s money (often major six figure sums on a daily basis) I considered myself to be pretty numerate. However, facing retirement the whole pensions jungle filled me with dread as I knew it was a task I would neither relish nor easily absorb. Having taken the decision to get some help I decided I didn’t want my bank involved nor any corporate suit.
From everything I’d read and heard it was clear that I personally needed someone who could guide me through the process, having first understood our needs and to then explain each step simply without all the uniquely incomprehensible language so often encountered in this industry.
I wanted a local Financial Adviser with a good track record and I initially used a website to draw up a shortlist of suitable candidates. Barry stood out as just the kind of bloke we could do business with and, having appointed him last year, we are delighted with his service.
It’s been quite a “journey” sorting it all out these past few months but we now feel we have fully optimised our pension options and at last really enjoy our retirement. We can therefore thoroughly recommend Barry to anyone seeking such a Financial Adviser.
Mr Peter Seabrook-Harris