Why Have Protection?
A mortgage is likely to be the largest financial commitment you have. When everything is going well, it's not a problem but you never know when bad luck may strike. You likely know someone who's had a death in the family, serious illness, lost their job, etc. That is bad enough without the extra financial stress. Being financially protected helps us sleep well at night.
We will never put you under any pressure to take out protection but we would always recommend it makes sense to consider it.
Rates vary between providers but a low premium is achievable in most cases. However, the very cheapest isn't always the best choice. It is important to ensure you have the right policy that will meet your own needs and with an insurer with a good track record in settling claims promptly without dispute. This is where our expert knowledge can help you pick the right policy.
The key types of protection to consider when taking out a mortgage are...
- Life Assurance - A lump sum payout to pay off your mortgage and more in the event of your death.
- Life Assurance Trust - A trust can be of great benefit to speed up payment and avoid inheritance tax.
- Critical Illness - A lump sum payout in the event of a critical illness.
- Mortgage Payment Protection - Cover against sickness and unemployment to meet your mortgage payments.
- Income Protection - Cover against accident and sickness to replace your income, not just mortgage payments.
- Buildings and Contents Insurance - Your property needs to be insured from the day of completion.
Your Next Step...
Please choose one of the following...
- Call us to discuss your needs or Request a Callback
- Complete the Free Consultation Form
- Get a Mortgage Quote
