Life Insurance and Mortgages are not entwined. We typically discuss them together as Life Insurance can be used to pay off a mortgage.
You may not have a mortgage but other debts to cover.
You may want to ensure children have money through education or fund university. If you are no longer alive to cover it. The life insurance payout can be used for any legal purpose.
Copyright © 2019 Bespoke Finance Direct Limited. All Rights Reserved.
Bespoke Finance Direct Limited is authorised and regulated by the Financial Conduct Authority (No. 715805).
Bespoke Finance Direct Limited is registered in England and Wales (No. 09623432) at 31 Church Lane, Pudsey, LS28 7LD.