Remortgage Life Assurance

Remortgage Protection >> Remortgage Life Assurance

Find remortgage life assurance with Fresh Start Finance - specialists in sourcing the best loan and remortgage deals in the UK. Remortgage life assurance is not usually included in most standard remortgage offers. However, it is an important policy to consider, giving you the peace of mind that if anything happens to you, your loved ones won’t have to pay off your remortgage debt. We can help you find the best value life assurance deal from hundreds of UK lenders, even if you have a bad credit history.

Find remortgage life assurance with Fresh Start Finance

What is remortgage life assurance?

Remortgage life assurance is a guarantee that allows any outstanding remortgage or remortgage payments to be paid off in full should you die before the end of the term. This means that your dependents will not have to finish the remortgage payments in the event of your death - making it a particulalrly useful policy for couples. This type of cover is sometimes called decreasing life assurance, because the amount needed to be paid in the event of a claim goes down over time (as you pay off your remortgage). You may also want to think about term life insurance. This is a form of remortgage protection that ensures that the amount you receive will remain the same throughout the policy period.

Is remortgage life assurance right for you?

Most lenders recommend life assurance, and Fresh Start Finance can help you find the best offers. Though less of a priority for people without dependents, life assurance should nonetheless be a consideration for most people looking to take out a mortgage or remortgage. If possible, find a policy with fixed premiums, meaning that your monthly repayments won’t change during the term. We can also help you arrange a joint policy for co-owners of property, such as couples or friends. Your policy will also be based on your age at the time of application, financial circumstances and overall health.