Can’t recommend this company enough, especially Jason who has arranged a couple of mortgages for me now. Very friendly and works very hard to find the…
- M “mc2554” C
Life can come with unexpected events, so it’s important to protect yourself with the right insurance in case the worst should happen. We always recommend taking advice when arranging protection insurance policies, so you can be sure you have the level and type of cover which best suits your needs.
People at all stages of life can benefit from the peace of mind a life or critical illness policy can provide. In the event of your death, it may not just be a mortgage you want to have repaid, you may want to leave your loved ones with money to cover income you would have earned, or to pay university fees for your children.
We offer a selection of personal protection policies from a panel of leading insurers. These policies can pay out a lump sum if you’re diagnosed with a critical illness or pass away and some policies can also pay out a monthly benefit if you’re unable to work through accident or sickness.
We understand the impact of loss on a business. If key people become ill or pass away, it can have devastating financial implications.
We offer protection solutions for all types of businesses, whether you’re a sole trader, limited company, partnership or LLP. These policies make sure the company can keep trading, replace key individuals, protect corporate debt or buy out a shareholder.
We also provide advice and arrangement for some types of general insurance, from a select panel of providers, including:
For commercial insurance, we act as introducers only.
The three main types of protection are: life cover, critical illness cover and income protection. They all provide different ways of making sure your mortgage is paid if you’re unable to work, or in the event of your untimely death. We have a simple guide to protection insurance available to view which goes into more detail on each of the types of protection.
The cost of protection varies, depending on the amount of benefit you’d like to receive, your current condition of health, and other factors. Life cover is usually the least expensive type.
It’s strongly recommended for borrowers to have at least a life cover policy in place to protect the mortgage upon their untimely death, as the consequences of no cover and an outstanding mortgage debt can be devastating. This type of protection is relatively inexpensive and protects your partner or family from financial hardship of funding the mortgage by themselves, or needing to sell the home due to the mortgage being unaffordable.
Yes, income protection and critical illness cover can actually be more important if you’re self-employed. Where many employers will offer sick pay, when you’re self-employed that’s often not the case. Therefore, protection can help to bridge the gap and ensure you can pay your bills if you’re unexpectedly unable to work.
There are providers who will offer protection policies for those with pre-existing health conditions, however these may be excluded from the terms under which the policy would pay out and may also increase your premiums.
If you want to see how we can help you, get in touch with us. We're always here for expert, friendly, free* advice.
