I am personally involved in helping people find life insurance. Mostly for people with a medical condition or high risk occupation. Regardless of the different circumstances of the individual, the things that people protect are always the same and the top two priorities are family & mortgage. Mortgages are quite simple to protect. If the mortgage is ‘Interest Only’ (the debt stays the same) then the most suitable cover is likely to be ‘level’ term insurance which also stays the same. If a mortgage is ‘repayment’ which means it goes down over time then the FSA favours ‘decreasing’ cover which
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