Arrow Financial Services

Jargon Buster

Jargon Buster



Results for letter: L


LTV (LOAN TO VALUE)

The size of a mortgage expressed as a percentage of the value of the property. For example, a £45,000 mortgage on a house valued at £50,000 gives an LTV of 90%.

LEVEL TERM ASSURANCE

Level Term Assurance pays out a lump sum on the death of the life assured. The amount you're covered for remains level throughout the term – hence the name. The monthly or annual premiums you pay usually stay the same, too.

LIFE COVER

Life cover can pay a lump sum to your estate if you pass away or a lump sum to you if you become terminally ill.

Call 01244 322 330 now or complete the form below

5 Days: RT @TPRgovuk: #WednesdayWisdom If you’re thinking of transferring your pensio...

7 Days: RT @HLInvest: Carolyn McCall to become ITV chief executive - from The Guardia...

28 Days: The @Conservatives & @duponline have just agreed a deal, two weeks after ...

About 1 Month: RT @WSJ: Eurozone economy slows, but remains in rude health https://t.co/REv7...