Protection & General Insurance
Your mortgage is likely to be your largest single expense in your life, so don't forget to insure it
In the UK, people are more likely to insure their pet than they are to take out any form of protection for themselves such as life cover, critical illness cover or income protection. The thought of hefty vet bills is just too much to bear, so it’s worth paying the insurance premiums for our beloved pets right? Well, a mortgage is likely to be your largest single expense in your lifetime and so it is incredibly important to make sure that you and your loved ones are protected in the event of a ‘worst case scenario’.
We can help to tailor policies to meet your needsand even work to a specific budget
You might be worried that the premiums will be too expensive to keep up with, but we can help to tailor make policies according to your budget and requirements so that you can have peace of mind with the cover of your choice.
Many will rely on cover provided through their employer for example, but in some cases, those policies may not be enough to cover your mortgage, income or general life style expenditure. We can help to arrange policies which are suited to your lifestyle and budget to help to ensure that you have peace of mind and should you ever require these policies to be paid out, you can rest assured that your loved ones are protected and the financial burden will be lifted.
What Is Protection?
Life
A life insurance policy will pay out a tax-free lump sum if the unsured passes away. This can help to clear a mortgage, or help to cover general lifestyle expenditure and commitments. Having a policy in place can help to ease the financial burden on your loved ones should the worst happen.
Critical Illness
Critical illness policies will pay out a tax-free lump sum should you be diagnosed with a specified illness such as cancer, heart attack or Parkinsons. Being diagnosed with a critical illness can be an extremely upsetting and stressful time, having a policy in place can help to ease some of the stress from a financial aspect. Critical illness cover is often taken in conjunction with a life policy as it can work out to be more cost effective to have both policies together.
Income Protection
Income protection policies will pay out a tax-free monthly payment should you be unable to work due to accident or illness. This can help you to stay on top of mortgage payments, bills or even your general expenditure if you’re unable to work.
Most employers will only offer a certain number of months at full pay if you’re off work, however, this could then drop to Statutory Sick Pay (SSP) after a period of time, which is currently £109.70 per week. It’s important to make sure you’ve considered all of your options to ensure that you have an adequate amount of cover based on your needs.
Get in touch to arrange a free consultation
What We Do For You
Source The Best Deals
Our role is to find you the best deal based on your circumstances and with access to the whole market, you can trust that we will find the best deal for you.
We’ll take into consideration your individual circumstances in order to find the most suitable provider for your case,
Provide Additional Services
There’s a lot to think about when it comes to buying a property, but there are other aspects, aside from mortgages that we can help with.
We can help with finding the right solicitor to deal with your case or even local firms to carry out your surveys if you like. It’s one less thing that you need to worry about.
Work Quickly and Efficiently
There’s nothing more frustrating than having a mortgage adviser who takes days to respond to your last email. So, we’ve made it our mission to always be as responsive as possible so that you can get the answers that you need in as little time as possible.
Protection
If you’d like to review your options when it comes to protection or general insurance, then get in touch for a no obligation chat!
Contact us now for a free consultation.