The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
US growth and trade data disappoint but Trump promises 'revved-up economy' - as it happenedThe GuardianSir Philip Green has agreed to pay up to £363m into the BHS pension scheme as part of a cash settlement with the Pensions Regulator. BHS collapsed into administration last April, leading to the loss of 11,000 jobs and leaving a £571m pension deficit.and more »
US growth and trade data disappoint but Trump promises 'revved-up economy' - liveThe GuardianThe increase in real GDP in the fourth quarter reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, residential fixed investment, nonresidential fixed investment, and state and local government ...and more »
This is MoneyMoneySupermarket shares fall despite rising profits as margins are squeezedThis is MoneyMoneySuperMarket shares fell more than 6 per cent today despite growing revenues from people comparing insurance and credit cards helped it lift group profits last year. The website said its insurance arm saw 'particularly good' growth after a poor end ...News & Tips: Moneysupermarket, Go-Ahead, Greggs & moreInvestors Chronicleall 20 news articles »
Citywire.co.ukScottish Mortgage set to soar into FTSE 100Citywire.co.ukAJ Bell investment director Russ Mould said the trust's focus on 'long-term growth stories' outside the UK had helped it benefit from the pound's heavy fall following the Brexit vote, swelling its assets and pushing it towards the FTSE 100. 'The ...Dixons Carphone plc set for FTSE 100 exit. Capita plc & easyJet plc also in dangerAOL Money UKall 6 news articles »
Irish mortgage market surges in JanuaryLondon South East (registration) (blog)DUBLIN, Feb 28 (Reuters) - The value of mortgage approvals in Ireland grew 60 percent year-on-year in January, data showed on Tuesday, as an easing of central bank lending rules and a new government subsidy for first-time home buyers accelerated a ...and more »
Have you met...
Latest Members:


adwhitco


Shane


marwa


ledonegm


jordanss123


nona


BrynjarEindride

 

General News

Email this story to a friend:

£318 BILLION WORTH OF MORTGAGES NOT PROTECTED BY LIFE INSURANCE

Nearly half of mortgage holders don’t have life cover to protect their mortgage01-11-2010

Nearly half of mortgage holders in the UK (43%) don’t have their mortgage contributions covered by life insurance according to new research from Sainsbury’s Life Insurance.... around 7 million people owing £318 billion in total on their home loans have no life insurance to cover them.

In recession when you’re tightening your belt and need money for the immediate priorities, insurance against what might happen in future does seem like the best thing to cut. But think about what might happen if you were to die and leave your nearest and dearest with a mortgage to pay. If they couldn’t afford to make the mortgage repayments they might have to sell their home – at what is already one of the most stressful times they have to deal with. If you can afford if life insurance gives you the peace of mind to know that if you die the mortgage will be paid off and your family can go on living in their home as long as they want to.  

Life insurance doesn’t have to be expensive. Sainsbury’s Finance offers premiums which start from £5 a month. Nectar card holders taking out a new policy before 30th November 2010 will receive £50 of Sainsbury’s vouchers and 1,000 Nectar points.

Shop around to find the best deal for you.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks