What is mortgage protection?
Protection policies could pay a lump sum or monthly amount if the worst comes to pass, and are often taken with a mortgage to help you stay in your home. We offer protection as part of our standard service package, proposing a free, no-obligation recommendation that’ll match your individual needs.
All the research is done by us, finding the best deal that gives you the right cover at the right price. We ensure you fully understand how the protection works, the cover you have, and any extra benefits. What’s more, we charge no fees for the life of your policy and are here for you throughout.
Choose the right protection for you
Life insurance
Life insurance is a safety net, giving you a sense of security in uncertain times. In the event of your passing, life insurance can help you to continue protecting the future of your family. It can offer financial support for your loved ones through a cash pay-out which would ensure they can continue on living in your home – even when you’re no longer around.
Key details required
- Date of birth
- Cover amount in GBP (£)
- Height and weight
- Smoker status
- Current health conditions (if any)
- UK resident status
Did you know
Some providers offer 24/7 GP access alongside your policy at no extra cost.
You may be able to receive an immediate pay-out if you’re diagnosed with a terminal illness.
Providers often allow you to Write in Trust, allowing you to determine who receives the benefit and when.
You might be rewarded with lower premiums for staying active.
Providers are there to help you get back to the life you want and offer counselling and support services.
Should you be diagnosed with a critical illness, providers can offer support from Best Doctors, allowing you to consult top doctors in specialised areas.
Important information
This is not a savings or investment product, and it has no cash value unless a valid claim is made. If you stop paying your premiums when they’re due your plan may be cancelled and you won’t get anything back.
You will not be covered within the first year of the policy if you die to suicide or intentional and serious self-injury, or in an event where, in our reasonable opinion, you took your own life.
If your life insurance is to cover your mortgage, your policy may not completely pay off your outstanding mortgage unless you ensure your amount of cover is adjusted to match your mortgage arrangements.
If you take out Decreasing Life Insurance, you should also check that the interest rate on your mortgage does not become higher than the rate applied to the policy. The rate will be shown in your Personal Quote or the Policy Booklet.
Critical illness cover
Help protect yourself and your family from the financial issues that may arise if you are diagnosed with a critical illness. This can be taken as a standalone cover or added to your Life Insurance policy. Critical Illness Cover can help you with safeguarding your children, maintaining your household bills, or continuing your current standard of living, offering you peace of mind while you recover from your illness.
Key details required
- Date of birth
- Weight and height
- Smoker status
- Current health conditions (if any)
- UK resident status
Did you know
Children’s Critical Illness Cover can also be included.
You may be able to receive wellbeing support, offering reassuring conversation, information, or help in getting through a challenging time.
Some providers help to streamline your access to the best doctors available for your condition, to ensure you receive specialist diagnosis at this important time.
We can match your level of cover to your budget.
Important information
This is not a savings or investment product, and it has no value unless a valid claim is made. If you die, then the cover will end. You will not be covered if you’re diagnosed with or undergo a medical procedure for a critical illness that doesn’t meet our definition. You will also not be covered if death occurs within 14 days of diagnosis of one of the critical illnesses we cover.
We will tell you if any elements of cover are restricted based on the information you give us and are therefore excluded in your policy booklet under the section “What you are not covered for.”
Some types of cancer are not included, and some illnesses require you to have permanent symptoms before you can make a claim.
Income protection insurance
Protection can help you keep up with necessary expenses like rent or mortgage, utility bills, and food bills, in the event that a medical condition prevents you from working. Income Protection Insurance offers peace of mind to both you and your family, and can prevent a loss of income from disrupting your lifestyle by paying a regular monthly amount after a valid claim is made.
Key details required
- Date of birth
- Weight and height
- Smoker status
- Gross monthly income
- UK resident status
Did you know
Some providers offer you rehabilitation advice to get you back into the job market.
You may be able to receive wellbeing support, offering reassuring conversation, information, or help in getting through a challenging time.
Should you not be able work for 4 or more weeks due to a health and or sickness condition, this policy will pay out for life or specified number of years.
We can always match your cover to suit your budget, ensuring you have protection in an ideal package for you.
Important information
This is not a savings or investment product, and has no cash value unless a valid claim is made.
Income Protection Insurance is only available for the employed and self-employed.
Home insurance
Your home needs to be protected against the worst: whether that’s floods, subsidence, or property damage. Protection makes sure you and your family are protected if you are unable to live in your property. We offer Home Insurance as part of our standard service package through a free, no-obligation recommendation that will match your individual needs. We do all the research, finding the best deal that gives you the right cover at the right price. We ensure you fully understand how the policy works, the cover you have, and any extra benefits you may receive. What’s more, we charge no fees for the life of your policy and are here for you throughout.
Key details required
- Property address
- Claims history if any
- Date of birth
- Any property concerns, such as subsidence
Did you know
Buildings insurance is a condition of all mortgages, you need to ensure your property is insured at all times.
The rebuild value on your valuation is not always the right amount of cover you need. As the costs of building materials and labour increases, you need to ensure everything is covered. Some lenders account for this by offering policies up to £1,000,000 as standard.
You can add contents cover at any time to protect your contents against theft or damage.
You can get cover away from home.
Accidental damage is available for any “accidental issues” that may occur – such as drilling through a pipe or a foot through the ceiling.
You can add legal and personal liability cover to protect you from the unexpected.
You can get cover to protect your bikes, in and away from the home.
Even if you don’t have a mortgage on your property, you should always maintain a building policy, to protect your assets and home.
Landlord insurance is a must if your property is on rent, as a normal polcy would not cover damage done by tenants.
Important information
This is not a savings or investment product, and has no cash value unless a valid claim is made.
You must always be honest and upfront ensuring all claims are paid when required.
Landlord insurance
As a landlord, you will need to ensure your property has the appropriate protection in place, so your tenants are protected in case something happens to the property or to the furniture you have provided. You can also get special cover to protect you against rent loss and tenant damage.
Key details required:
- Value of your property
- Value of your property’s contents
- Any previous claims history
- Tenancy type details
Did you know
You could get extra cover such as legal liability, cover away from home, and contents out in the open.
You can get a quote from a number of different insurers across the market.
Landlord insurance is a must if your property is on rent, as a normal policy would not cover damage done by tenants.
You can provide alternative accomodation cover within the policy as standard, to ensure your tenants have somewhere to live if the home becomes uninhabitable.
You can also get rent protection against unpaid rent from tenants.
You can protect your contents from tenant damage.
Our insights
Whether you’re in need of guidance for a general concern about mortgages, or just want to keep up with our thoughts on interesting developments in the market, our blogs and news posts are here to lend a helping hand.
