In this brief blog, we will discuss NFU mortgages.
NFU mortgages refers to the NFU mortgage protection product. The NFU mortgage product is provided by AIG.
The NFU mortgage protection product is term insurance which ensures your mortgage is covered should you die or become terminally ill with a life expectancy of fewer than 12 months. This means your family will not have much to worry about should anything happen to you.
The NFU mortgage protection ensures your family can repay any debt such as your credit card, car finance etc. It can also help you provide a legacy for your family or friends.
When faced with a terminal diagnosis or death, you want as much financial support as possible for you and your loved ones.
That’s why AIG Term Assurance can help you repay a debt, like a mortgage and credit cards, or provide a legacy for your friends and family.
Terms range between 2 and 70 years (ending before you’re 90) and payout a lump sum if you’re diagnosed with a terminal illness or you pass away during the policy term.
There are single and Joint Life policies available.
You can find more information about the NFU mortgage protection here.
If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.
You can also contact the debt charity “Step Change” if you are in debt and need help.