Life Insurance
Hi, I'm Oliver. I know you don't want to talk about it, but have you ever thought about what would happen if you were no longer around to make your mortgage payments? I cannot stress how important it is to protect your home and loved ones by securing life insurance.
At Moveo Mortgages, I understand how important it is to protect what matters most. Life insurance ensures your loved ones can remain in their home and maintain financial stability, even if the unexpected happens.
We don't want to talk about it, but we need it!
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Why life insurance matters when you buy a home
Buying a home is one of life’s biggest achievements — and one of your largest financial commitments. Taking on a mortgage means taking on a long-term responsibility. If you were to pass away during the mortgage term, your family could struggle to keep up with repayments or even risk losing the home. Life insurance isn't for you, it's for your loved ones.
Having the right life cover in place means:
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Your mortgage can be repaid in full.
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Your family can remain in their home.
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You’ll have peace of mind, knowing your loved ones are protected.
All of this and peace of mind for just a few pounds per month.
Buying your first home is something everyone aspires to do. It's one huge milestone in our lives ans we all remember our first home. The feeling of relief that you're eventually on the property ladder, and the excitement about the memories you will create in your first home.
The problem lies in none of us knowing how to begin the process of buying our first home. We aren't taught how to buy a house in school. Our boomer parents tell us how easy it was for them, and we just need to stop buying coffee and avocados. If you go directly to a building society, you will come out with a mortgage offer that could buy you a garage but not the house (That happened to me).
As a mortgage broker, it's my job to ensure the house-buying process is smooth and stress-free.
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I will explain to you exactly how the mortgage process works
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I will ensure you receive the knowledge to make the best decision for you.
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I will clearly communicate with you throughout your mortgage application.
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I have access to the whole mortgage market to ensure you get the best mortgage for you.
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I can arrange your protection, e.g. life insurance, mortgage protection, and income protection.
Key Things To Know As A First-Time Buyer
Life Insurance
Protect Your Home and Your Loved Ones
Buying a home is one of life’s biggest achievements — and one of your largest financial commitments. But have you ever thought about what would happen if you were no longer around to make the mortgage payments?
At Moveo Mortgages, we understand how important it is to protect what matters most. Life insurance ensures your loved ones can remain in their home and maintain financial stability, even if the unexpected happens.
Why Life Insurance Matters When You Buy a Home
Taking on a mortgage means taking on a long-term responsibility. If you were to pass away during the mortgage term, your family could struggle to keep up with repayments — or even risk losing the home.
Having the right life cover in place means:
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✅ Your mortgage can be repaid in full.
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✅ Your family can remain in their home.
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✅ You’ll have peace of mind, knowing your loved ones are protected.
Types of Life Insurance
There are several types of life insurance policies available in the UK. The right choice depends on your mortgage type, financial goals, and family situation.
1. Decreasing Term Assurance
Designed for repayment mortgages, decreasing term assurance provides a payout that reduces over time — in line with your mortgage balance.
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Premiums usually remain fixed.
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The level of cover decreases as your mortgage is repaid.
It’s a cost-effective way to ensure your mortgage is cleared if you pass away during the policy term.
2. Level Term Assurance
Level term assurance pays a fixed lump sum if you die during the policy term.
The payout remains the same throughout, making it suitable for interest-only mortgages or for providing additional financial support beyond your mortgage balance.
It offers consistent protection and can help cover other ongoing financial needs.
3. Whole of Life Insurance
Whole of life insurance provides cover for your entire lifetime, paying out whenever you die (as long as premiums are maintained).
It’s often used for estate planning, funeral costs, or to leave a guaranteed inheritance for your family.
While premiums are higher, the cover never expires.
4. Family Income Benefit
Rather than paying a single lump sum, this policy provides your family with a regular monthly income until the end of the policy term.
It’s designed to replace lost income and help maintain your family’s lifestyle.
5. Mortgage Protection Insurance (MPI)
Sometimes known as mortgage life insurance, this cover is specifically linked to your mortgage balance.
If you pass away during the term, the policy ensures your mortgage is fully repaid — helping your family stay in their home without financial strain.
Optional Add-Ons
Many life insurance policies can be enhanced with additional protection, such as:
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Critical Illness Cover – pays a lump sum if you’re diagnosed with a serious illness like cancer, heart attack, or stroke.
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Income Protection – provides a regular income if you’re unable to work due to illness or injury.
These options offer an extra layer of security and peace of mind for you and your family.
How Moveo Mortgages Can Help
At Moveo Mortgages, we take the time to understand your circumstances and recommend suitable protection options for your needs.
We can help you:
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Review your mortgage and financial situation.
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Compare policies from leading UK insurers.
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Find the right level of cover at a price that fits your budget.
Our goal is simple — to help you secure your home and protect your family’s future.
Secure Your Home. Protect Your Family.
Your home is more than a property — it’s where your family builds their future.
Life insurance helps make sure they can stay there, whatever the future holds.
📞 Contact Moveo Mortgages today to discuss your life insurance options and find the right protection for your home and loved ones.
Important Information
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Your home may be repossessed if you do not keep up repayments on your mortgage.
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Life insurance and protection products are not investments and have no cash-in value at any time.
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Moveo Mortgages may refer you to a trusted protection specialist for advice on life insurance and related products.
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Life insurance and protection advice is not regulated by the Financial Conduct Authority (FCA).
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Always ensure you fully understand the terms and conditions of any policy before proceeding.
How to begin the mortgage application process
I always find that people are at different stages of their journey when visiting this page. Some are at the beginning and are searching for information about first-time buyer mortgages. Others are ready to speak to a mortgage broker for a quick chat about things to get the wheels in motion. Finally, some are ready to begin the mortgage application process and wish to book their appointment. No matter which point you're at, I'm happy to chat, and I'm here to help.
Simply book a meeting for one of the appointments you need or get in touch with me using the contact details at the bottom of this page.
An informal meeting to gain an insight into how much you can borrow from various lenders.
30 min
See how I can help you as a mortgage broker and ask any questions you might have.
30 min
1 hr 30 min
1 hr 30 min
1 hr 30 min
Get in touch if you require help as a first-time buyer
If you have a question but would prefer to speak via email rather than arranging a meeting, please fill out the form below, and I will respond as soon as I can.