Family protection insurance - Vincent Burch Mortgages

Financial sum insurance, than just the outstanding mortgage.

Family Protection

Safeguard your family and their living standards should the worst happen.

An array of insurance which will provide you with the financial assurance, should you be made redundant, become too ill to work, or die.

Life insurance

Level Term - the cash lump sum insured remains the same for the set term, for example 25 years. The cash sum can be used to repay the mortgage and the remainder to live on.

Decreasing Term - the cash sum decreases over the term covered, usually used to repay the outstanding mortgage balance, and typically does not leave any remaining cash to live on.

All our mortgage advisers will also provide advice and insurance recommendations to protect you and your family

Mortgage Insurance - Decreasing Life insurance

A decreasing term live insurance will typically only provide a lump cash sum to repay the outstanding mortgage balance and not provide any additional money to live on if monthly premiums are less than a level term life insurance policy because the cash lump sum reduces over the term.

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Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it. Think carefully before securing other debts against your home. Buy to let (pure) and commercial mortgages are not regulated by the FCA. No broker fee is charged typically; as commission received from the mortgage lender pays our minimum fee of £495 and any shortfall will be charged only on completion of your mortgage. Vincent Burch Ltd. is an Appointed Representative of JLM Mortgage Services Ltd., authorised and regulated by the Financial Conduct Authority, (FCA), registration number: 300629. The overall cost for comparison is 4.19% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

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