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Life Cover?

tonyflan
tonyflan Posts: 12 Forumite
in Insurance & life assurance
Can anyone advise me on what would be the best/most cost affective way of getting life cover for my wife and me. Basically I need to have £60k cover for approx 10 years for both of us for the mortgage. I have recently cashed in an endowement policy that was performing badly.

Thanks

Comments

  • dunstonh
    dunstonh Posts: 120,040 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    decreasing term assurance works with a capital and repayment mortgage. If its still interest only, you need level term assurance.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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