The person who purchases a life insurance policy is known as the policyholder. They pay regular premiums to the insurance company that ensures their policies remain active throughout.
These are the individuals or entities chosen by the policyholder to receive the death benefit upon their passing. Beneficiaries are usually family members, dependents, or those with a financial interest in the insured person's well-being.
The policyholder pays regular premiums to the insurance company. The amount of the premiums and their frequency (e.g., monthly or annually) depends on the type and terms of the policy.
In the unfortunate event of the policyholder's death during the coverage period, the insurance company pays out the agreed-upon death benefit to the beneficiaries.
Income Replacement: It provides financial support to the surviving family members, helping to replace the income of the deceased.
Debt Coverage: It can be used to pay off outstanding debts, such as mortgages, loans, or credit card balances.
Funeral Expenses: It can cover the cost of funeral and burial expenses.
Estate Planning: Life insurance can be part of an estate planning strategy to ensure a smooth transfer of assets to beneficiaries.
There are different types of life insurance policies, such as term life insurance and whole life insurance, each with its own features and benefits. The choice of the type and coverage amount depends on the individual’s financial goals and needs.
Ogbonge AfricanMama2023-10-11I reached out to Chris on facebook after i stumbled on one of his reels, i wasn't expecting anything positive from Facebook as i had been previously turned down by two major Mortgage Advisers. Natalie and Shirley took up my case and in a short while got me a high street lender despite the price of the property been raised by 20%. They carried me along all through the process and i was never left in the dark. I am a single parent , first time buyer and first time landlord. They also helped me get the right Legal Advisers and Insurance. I highly recommend their services. Thank you Natalie and Shirley. BR Gina
Chris Days2023-10-03Amazing service
Graham Nicholls2023-09-18Rhiannon supported us throughout the mortgage application process. Very friendly, supportive, and knowledgeable. Highly recommended.
Calum Hayward2023-09-07Absolutely brilliant service! I cannot fault Chris, Natalie and Shirley. They got us our dream home and supported us through the entire journey! Thank you!
Meg Talbot2023-08-11We always thought buying our first house would be stressful, when we found this company through a few Facebook videos we thought we would enquire. Rhiannon got in touch with us and she talked us through the whole process and sorted so much for us! I would not recommend anyone else she has been amazing and we can’t thank her enough.
benjamin lee2023-07-25After seeing Chris days facebook reels I got in touch with gomortgage and was contacted by Laura who took some details of what I was wanting .Laura provided an outstanding service and nothing was to much even down to final details she explained everything and chased up the lender looking forward to doing buisness again in the near future. 5 star service would not hesitate to pass details on to any family friends etc
Meritxell Humbert2023-06-30Very professional service, from the early beginning until the purchase is completed. Valuable and frequent updates to keep me up to date on the purchase process. Would recommend 100%
Russ Bury2023-06-02Chris and Shirley made getting my first mortgage so easy and quick. A very professional, friendly and personal approach. I would recommend them and Go Mortgage to anybody. Easily 5 star service. Thank you. Russ
Anita Winters2023-05-31Chris and Shirley have been so good in helping us secure a mortgage and guide us through to completion. Always ready to answer any questions we had and very responsive in correspondence. Would highly recommend.
Numan Ashequl2023-05-17We have been very stressed about our housing situation. We came across Laura Thompson. She went above and beyond to support our requirements providing an informative but tailored service for me and my family. We were able to contact her almost any time and she was delightful to talk to. We really appreciate all she has done. Really a great service from Laura outstanding professionalism. Thank you so much to go mortgage and to LauraThompson!!
Get the Gossip
Enter your email and be apart of our mailing list. We often send helpful tips and advice on the everchanging landscaping of mortgages, insurance and utilities.
Your home may be repossessed if you do not keep up repayments on your mortgage.
