4ways Financial Services

Insurance Articles

You make monthly payments in return for a lump sum which is paid out upon your death, or in some cases if you are diagnosed with a terminal illness. It is your choice of what happens to the lump sum payment; you can select which beneficiaries to receive the funds. 

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.