Life Insurance Advice

Life insurance provides financial security for your loved ones in the event of your death. It pays out a tax-free lump sum, known as the death benefit, to your chosen beneficiaries, helping them cover key expenses like the mortgage, living costs, debts, and funeral costs.

At Grandi Mortgage Solutions, we offer clear, tailored life insurance advice to homeowners and families across Chinnor, Oxfordshire and beyond.

How does life insurance work?

✅ Choose a Policy Type

There are different types of life cover depending on your needs:

• Term life insurance – covers you for a fixed period (ideal for mortgage protection)
• Whole of life – pays out whenever you pass away
• Decreasing term – reduces in line with your mortgage balance

✅ Pay Monthly or Annual Premiums
You’ll pay regular premiums to keep your policy active. The cost is based on your age, health, lifestyle, and how much cover you need.

✅ Payout on Death
If you pass away during the policy term, your beneficiaries receive a lump-sum payment, which can be used to:

• Pay off the mortgage
• Cover household bills or childcare
• Fund funeral costs
• Provide long-term financial security

Why is life insurance so important?

• Protects Your Family’s Lifestyle
  Replaces your income if you’re no longer there to provide for your family.
• Covers Outstanding Debts
  Prevents your loved ones from inheriting financial liabilities like mortgages or loans.
• Covers Funeral Costs
  Takes the financial pressure off your family at an already difficult time.
• Supports Estate Planning
  Can help cover inheritance tax or leave a legacy for your children.
• Offers Peace of Mind
  You’ll know your family will be financially protected, no matter what happens.