"Do I have to have Life Assurance?"

It is important to have life assurance to protect your mortgage just incase the unthinkable were to happen to you. Consider the financial impact this would have on your family, how would your family cope with a large debt and a reduced income?

For a relatively small monthly premium your dependants won't have to worry about paying the mortgage, or even worse, losing the house at such a difficult time - giving you complete peace of mind.

You might also want to insure your mortgage to cover any accident, injury or illness that might prevent your being able to keep up your mortgage repayments. Remember failure to pay your mortgage repayment could result in your home being reposed.

It isn’t compulsory to have life assurance to obtain a mortgage but it is advisable.