If you’re on the lookout for a new home, you should be familiar with the key clauses that make up a typical contract for sale.

You’ve probably also read about the importance of getting these right before you sign on the dotted line.

However, while many clauses are simple enough to understand, there are a few that are less straightforward — particularly those related to the purchase itself.

If you’re unclear on what each clause means, how can you know if they’re right for your situation?

Tackling a self-build, eh, you're brave...and patient...and have deep pockets, but it will be worth it in the end.

I only wish I was as brave; instead, I'm stuck with a tiny kitchen and an enormous living room. Them's the break of not designing your own gaff, I guess.

Ah well, we're lucky to have a house. I feel for those trying to buy in Ireland. What a sh1tshow it is.

But I digress.

Here are some FAQs on self-build mortgages that you might be asking too.

A life insurance trust allows you to ensure your policy pays out to the right people at the right time without waiting for grant of probate.

What's grant of probate?

A big, and lengthy, pain in the ass.

If you’re on this here blog, I can assume a couple of things:

you’ve bought or are buying a house and
you’ve either bought or are buying Mortgage Protection or Life Insurance because you have to.

I can also probably assume you’re a responsible adult – or at the very least, you’re very good at pretending, which as we all know: all the best people are.

Now, there is one thing you need to know. This one thing is either coming to you too late or just in the nick of time, depending on whether or not you now own a house.

The banks are great for mortgages, but they’re a rip off when it comes to Mortgage Protection...

You're here to figure out if life insurance is what you need, and I'm here to help by simplifying the bejaysus out of it.

So let's begin this Beginners Guide to Life Insurance

A question I'm often asked is: Can I get more life insurance in the future if I need it?

My answer is: Yes, but you'll have to answer medical questions....unless you can use the guaranteed insurability option.

The response to which is invariably: What the hell is a guaranteed insurability option???

You don't smoke, you're in good shape, exercise regularly, eat plenty of greens and you still suffer from high blood pressure or hypertension.

It doesn't seem fair.

But if you have been diagnosed with hypertension, you can count yourself lucky in a weird way.

Why?

Because you can do something about it.

Haemochromatosis is an iron overload disorder. It is a genetic condition that causes people to absorb excessive amounts of dietary iron.

If your ferritn and iron levels are in the normal range, you should have no issues getting mortgage protection, life insurance or incoem protection.

So those scoundrels at Aviva, Irish Life, Royal London, New Ireland or Zurich Life have increased your premium, eh?

And you're wondering why?

Let me explain:

Getting life insurance as a coeliac is fairly straightforward.

The only issues arise is where there have been complications or if your disgnosis is very recent.

Here's my guide to getting life insurance as a coeliac.