Usually, when it comes to insurance products, prices only go one way – up. That makes shaving off extra costs difficult as you’re simply running to stand still each year.
However, there is one product where premiums have reduced dramatically and that’s life insurance, especially when linked to pay off your mortgage.
As we all live longer, healthier lives these days, the cost of insuring someone has dropped from 10 or 20 years ago, so if you’re still paying high premiums on your mortgage protection cover, especially if you bought it from your bank directly, it’s a no-brainer to switch to a better-performing, cheaper product which does exactly the same job.
Your bank will more than likely have chosen a policy for you from their preferred insurer or partner, not the best value policy for you.
PM me today to find out what would be the best value life insurance for your particular circumstances.