It can be difficult to know where to start when it comes to mortgages and insurance – and the truth of it is – like most things, there’s not a ‘one-size-fits-all’ solution.
Getting the right cover in place, means ensuring the right money, goes to the right person, at the right time. And that may mean paying off all your debt, plus leaving extra capital to care for your family if you’re not around. Or, it could mean having enough cover to eliminate your home mortgage – or in some cases, the right cover might just mean enough cover to make the debt affordable for people left behind.
It all comes down to what’s right for you, today.
Sometimes, your bank might make you feel you need to take a policy through them, so you can get your loan approved. But what if the terms of the contract are not what’s best for you? What if you can get a better price elsewhere?
Usually, you’ll need to show proof of having some cover – but where you take that cover is often up to you.
And did you know we can help with comparison rates for loans? Here at InsuranceWorks, Kristy Barnard works as our in-house mortgage adviser specialist. So if you’d like a second opinion on your loan, or your insurance – we’d love to hear from you.