Mortgage Life Insurance
Taking out a mortgage is a big commitment, and you may be concerned about how your family would cope with the monthly payments if you were to die.
It’s an unfortunate reality, but life can sometimes take unexpected turns. A Mortgage Life Insurance policy through Asda gives you the peace of mind that in the event of your death or diagnosis of a terminal illness the mortgage will be paid off.
You can also get a quote by calling our UK call centre on
0800 975 1208†
Did You Know?
It has recently been revealed that the average outstanding mortgage repayment for homeowners in the UK is steadily rising1, and grew by over 0.2% over the second quarter of 2011. Mortgage rates are due to rise throughout 2011 and into 2012, with rates predicted to rise by at least 2% by the close of 20122. It’s therefore becoming harder for families to cope with mortgage repayments should an income earner die so it's now more important to think about protecting yourself with life insurance cover.
Mortgage Life Insurance relieves the strain caused by worrying about how mortgage repayments would be made should you die, meaning you can relax knowing you’re in safe hands – our advisers will guide you through the choice of life insurance policies and will be on hand to help throughout each stage of the process. Ensuring you get the policy that suits you.
Asda compare the whole of the market to simplify the process even more. Make sure your loved ones are left with a cash lump sum in the event of death, and gain peace of mind when it comes to your mortgage.
You’ll find more information in the Advised Life Cover section, so apply now and get a quote today.
1http://www.mortgages.me.uk/news/2011/Sep/outstanding-mortgage-value-on-the-rise-800728515.html
2http://www.theadvisory.co.uk/quick-house-sale-blog/2011/01/mortgage-rates-due-to-rise-through-2011/
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