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Glossary

Demands and Needs Statement

  • A demands and needs statement is presented after you have chosen or been recommended a Non-investment insurance product.

There are two versions of the demands and needs statement, an advised and non-advised version. An advised version outlines your insurance demands and needs and details of why this insurance product was recommended to you. A non-advised version outlines what demands and needs the insurance product will meet.

 
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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 Other Debt Secured On It.
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