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: Advisers, do you know what your clients need to do to comply wi...

11 Days: RT @SquareMileICR: A brief intro to an all-weather UK strategy - the Majedie ...

17 Days: RT @PortfAdviser: Square Mile appoints portfolio manager https://t.co/pRdncmZ...

18 Days: RT @NWPolice: Happy Halloween! We hope you have a safe and enjoyable day and ...