Life Assurance

Life Assurance Solutions | How Can We Help?

At Home & Commercial Mortgages Limited, we understand that securing your family’s future is a priority. Life assurance provides that security by guaranteeing financial protection for your loved ones when they need it most. Explore our guide to understand how life assurance can benefit you and ensure peace of mind for years to come.

What is Life Assurance?

Life assurance, also commonly known as whole life insurance, is a permanent insurance policy that ensures financial security for your beneficiaries upon your demise. This comprehensive coverage is a cornerstone of solid financial planning, providing you with the assurance that your family’s financial needs will be met.

How It Works

How to Choose the Right Life Assurance Plan

Choosing the appropriate life assurance policy involves several factors, tailored to suit your individual financial needs:

Assess Your Coverage Needs

Consider the financial impact of your loss on your family and calculate enough coverage to sustain their current lifestyle.

Affordable Premiums

We offer a range of plans with competitive premiums that do not compromise your current financial well-being.

Understand Policy Terms

Our financial advisers are here to help you pick the terms that best align with your long-term financial goals.

Trustworthy Provider

Home & Commercial Mortgages Ltd prides itself on integrity, robust financial health, and a commitment to fulfilling claims promptly.

F. A. Q's

Frequently Asked Questions

The payout from a life assurance policy is generally free from income and capital gains tax. However, the policy could be subject to inheritance tax if it is not written in trust. We recommend discussing your policy with a financial adviser to optimise for tax efficiency.

Life assurance covers you for your entire life, ensuring that your beneficiaries receive a payout upon your death. Life insurance, often referred to as 'term insurance', only covers you for a specific term and only pays out if you pass away during this term.

Yes, it is possible to have multiple life assurance policies. Many people choose to have different policies to cover various aspects of their financial responsibilities, such as a mortgage, education fees, and general family protection.

Several factors can affect the cost of your life assurance premium, including your age, health, lifestyle, the length of the policy, and the amount of coverage. Smokers or those with health conditions may face higher premiums.

Why Choose Home & Commercial Mortgages Limited?

Choosing Home & Commercial Mortgages Limited means placing your trust in a reputable provider committed to ensuring your family’s financial security. We offer personalised advice, tailored coverage solutions, and a straightforward claims process, backed by our expert team of financial advisers. Our firm is dedicated to maintaining high standards of customer service and transparency throughout your policy management process. We understand that every individual’s needs are unique, and our flexible approach allows us to cater to diverse circumstances and requirements.

Our commitment extends beyond simply providing financial products; we strive to build lasting relationships with our clients. This means regular policy reviews and adjustments as your life circumstances change, ensuring that your coverage continuously meets your evolving needs. Additionally, we believe in educating our clients and providing them with the resources and knowledge needed to make informed decisions about their financial health.

With decades of experience in the financial services industry, Home & Commercial Mortgages Limited is a name synonymous with reliability and professionalism. Our team is comprised of accredited professionals who are passionate about making a positive impact in the lives of our clients. Whether you are looking to set up a new plan or are seeking advice on an existing one, you can count on us for unbiased, expert guidance every step of the way.

Get In Touch

Don't hesitate to contact us for more information

To explore your protection options or for any queries, here’s how you can reach us at Home & Commercial Mortgages Limited:

Address

Gatcombe House, Copnor Road, Portsmouth, Hampshire, PO3 5EJ

Email Support

info@hcmonline.co.uk

Phone

02392 422 555

Office Hours

Mon-Fri : 09am-05pm
Sat-Sun : Closed

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Send us a message

We are here to help ensure that your protection process is as smooth and beneficial as possible. Contact us today to start the conversation.