Are you protected against longer mortgage terms...

In a survey conducted by Opinium for Hargreaves Lansdowne in May 2023, 17% of the 2000 people who were asked said that they anticipated to be over 65 by the time their mortgages were paid off.

So more than one in six people expect that they will be over 65 before they fully repay their mortgages. Almost 10% expected to over the age of 70 before they are mortgage free. And around 9% of the survey respondents did not believe that they would ever pay off their mortgages.

With people being forced to work for longer, an NHS that is currently stretched to almost breaking point, it is imperative that people protect themselves against the inability to work.

Any injury or sickness that occurs has the potential to cause severe financial problems. The vast majority of people have less than one months savings before they are unable to service their bills.

If you would like to discuss the costs of insuring yourself with income protection, or critical illness cover, please get in touch. It can be a lot cheaper than you think it might be.

Initial enquiries are free, and no obligation.