Whole of Market Best Advice on Mortgage, Remortgage

Are you Sure you are Fully Protected?

Your home may be repossessed if you do not keep up repayments on your mortgage

Life Assurance: Some worrying facts!!
·       There is a current £2,200,000,000,000 (trillion) gap in current life assurance levels to industry recommended levels
·       1 in 4 men will suffer a critical illness below the age of 65
·       1 in 5 women will suffer a critical illness below the age of 65
·       Someone in the UK will suffer from a heart attack in the next 2 minutes
·       1 in 7 people will die before they reach their retirement
·       You have a 1 in 3 chance of contracting cancer in your lifetime
·       You have a 1 in 27 chance if contracting cancer before age 50
·       247 male breadwinners will not be alive tomorrow.
·       The average level of life cover is £24,000. This includes the cover for the mortgage
·       Being under insured could pitch the surviving family into debt that may mean the sale of the home
·       Every hour, life assurance companies pay out over £3,000,000
·       No widow or widower has ever complained about the cost of the cover they have received
·     The Cost of rasing a child from birth to age 21 is around£186,000
·       State Incapacity Benefit is £91.40 per week, approximately £396 per month or £4,750 per year (valid April 2011 - March 2012)

Ask yourself some Questions

If I was seriously ill tomorrow, who would earn the family income?

If I were to die tomorrow, do I have enough cover in place to pay the mortgage off?

How long would any work "Death in Service" benefits last?

How many years will it be until all my children have left home?

If I could at least pay my mortgage, what would be left for my family?

How would my family support themselves without my wage?

If I was seriously ill, who would look after me? Who would pay for that? How would I pay for that?

If I was ill, how would I get the best care and best doctors that I might need?

If I lost my job, who would pay the mortgage

If I was no longer able to work, how would I earn an income

What do I need to do to change the answers to these questions?

Derry Mortgage Centre offers advice and recommendation to clients regarding their Mortgage and Insurance enquiries. Derry Mortgage Centre can refer pension and investment enquiries but is unable to deal with these enquiries directly.