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Judy Said:

Best type of Life Insurance for a 43 year old male smoker (UK)...??

We Answered:

This is quite simple to sort.
If your mortgage is repayment then you need a decreasing mortgage term by guarantee policy.
If your mortgage is interest only you level mortgage term by guarantee policy.
(A mortgage guarantee policy simply guarantees your mortgage to be paid off whether there is a rate increase or not. Rather a decreasing policy which is normally set between 5-10% runs into trouble if the rate goes higher.
Once you have decided on that ask yourself how much extra do you need above mortgage being cleared? ie funeral costs, clear debts, leave someone money. When you have that figure then get an increasing term policy. This means that each year your policy payment will increase slightly but also your pay out will also be increased with cost of living. You can obtain these two policies in one to save you money. Please go to someone ie broker and get it set up. Tell someone about your policy. If you have people who is related to you and you don't like write a will to exempt them. If your life cover comes into inhertiance tax bracket write it into a trust. Need anymore help contact me.

Ricky Said:

life insurance for my dad?

We Answered:

I suggest you post to the UK board, instead of the USA board.

Jeffrey Said:

can a foreign apply for a UK mortgage?

We Answered:

Yes you can. You do not need a Passport to open a bank account. You just have to prove that you live in the UK and you are going to be staying in the UK.

The lender well tell you what information they would want.