The rules on policies "Written In Trust." Have changed meaning you may be liable to pay tax , but if you have taken out your policy before March 2006 you are unaffected.
It could be cheaper to take out life insurance when you are younger as the premiums you will pay may increase the older you get.
If anything were to happen to you unexpectedly how would your family cope financially? Think about getting life insurance today to provide for your
family's future.
You can take out mortgage life insurance which will pay off your mortgage in the event of the death of you or your partner. Sometimes this can be related to as an endowment mortage. But plese be aware of the bad press in recent years about certiam endowment policies not paying out enough, to cover the mortgage.
