Life Cover

Use our FREE insurance service to make sure you, your family, and your home are fully protected. We’ll advise you which policies are right for your situation, and we have access to all providers, meaning we can find a deal that suits your needs perfectly. We also arrange your policy for you quickly and easily – and we do all this completely free of charge!

Start Your Enquiry

It takes less than 60 seconds…

"I can’t say anything but amazing things about the MU team in Frimley. Mark, Denise, Liam & Mitchell took care of my every need and I’m not just talking about arranging the mortgage. As a first time buyer I had no idea that I needed to consider things like content insurance & health insurance and on top of this I was struggling to find a solicitor that I felt I could trust at a reasonable price. The MU team helped me arrange it all and I appreciate so much the time and effort that saved me not having to do it myself. Their personable approach comes across in their office, over the phone and in every email correspondence and I could not recommend their services enough!!!"

Laura Allen

"Joe was great, both Emma and myself would like to thank him for his help, guidance and great communication. As first time buyers it was a pretty daunting prospect, we really appreciated Joe helping and explaining things in language that we could understand."

Pete & Emma

"We had a great experience with Michael Usher Mortgage Services. Paisley was very very helpful. Answered all questions we had being first time buyers and also kept up in the loop. Highly recommend! Highly proactive and professional. low rate. Will use their services again. Thank you for all your help!"

Lucy Anderson

Michael Usher Mortgage Services was recommended to us by a colleague, as first time buyers we were keen to use a mortgage advisor, but especially one we could trust. They were great from start to finish, no question was too much to answer and they were great at explaining the whole process. We had the pleasure of dealing with Mitch, he was absolutely fantastic. I can't thank Denise enough also for recommending an amazing solicitor, and keeping us updated constantly without the need to chase. Amazing experience from start to finish, would recommend them to anyone! Thank you.

Lorna Twyford

What is Life Cover?

You never know what the future may hold. How would your family cope if the main breadwinner passed away? Of course, it would be emotionally devastating, but it could also lead to huge financial problems – it could affect your family’s quality of life forever.

A Life Cover policy means that should your family lose income due to death, they won’t have the rug pulled out from under them during what will already be the hardest time of their lives.

What does Life Cover provide?

These policies pay out if the policyholder dies or gets diagnosed with a terminal illness with less than 12 months to live. Usually, the surviving family members receive the money as a lump sum – enabling them to cover the mortgage, living expenses, and pay off any debts.

Life Cover is designed to provide your family with financial stability should a working family member pass away.

It pays out on the death of the policyholder, or when they get diagnosed with a terminal illness and have less than 12 months to live.
The money is given to the surviving members of the family usually as a lump sum, so they can continue to pay mortgage payments, debts, and living expenses.

Types of Life Cover

Level Term Assurance / Level Term Life Insurance

These policies provide the same amount of cover throughout the term. The payout will be the same no matter when you make a claim, and the premiums are fixed throughout.

They are great for covering an interest-only mortgage, or for paying out a fixed lump sum.

Decreasing Term Assurance / Mortgage Term Life Insurance

These policies are designed to mirror a repayment mortgage. As your mortgage decreases, so does the amount you are insured for and the potential payout. Claiming near the end of the term will result in a lower payout than originally arranged, but it will be enough to cover your remaining mortgage debt.

The premiums are fixed, but they’re lower than a Level Term Assurance policy due to the decreasing amount of cover you need. These are great products for protecting your family home at a lower cost.

Who Needs Life Cover?

No matter how old or young you are, if your children or partner depends on your income, then you should get Life Cover. If you’re young and healthy these policies tend to be great value – giving your family substantial financial protection at a relatively low cost.

Our service is FREE!

If Life Cover is right for you, we’ll help you find a deal that suits your needs perfectly and offers great value for money. We have access to all providers and can arrange the policy on your behalf, and we’re duty-bound to give you the right advice for your situation.

Our service is completely free of charge – so let’s get you, your home, and your family protected!