Unfortunately, we can never be fully certain of what life has in store. Covid-19 and the furlough scheme has highlighted how important it is to have a back up in place if you were to lose your income. Protecting yourself now, will provide peace of mind for any future eventuality. You are protecting yourself as well as taking care of those you love best. We aim to look after you on every step of your journey through life, from buying your first home to ensuring you are protected. Buying a property is likely to be the biggest financial transaction you will ever make, it is imperative to protect it. We offer a range of products, the main ones are described below.
This is designed to give your family a tax free lump sum of cash that will help minimize the financial impact your death could have. It is to be used however you choose to, it could be totally clear, or significantly reduce your mortgage or could be saved to generate a regular income. Life insurance will be paid out on death or on diagnosis of a terminal illness where life expectancy is estimated at 1 year or less.
This will also pay you a tax free lump sum of cash, however this is not paid upon death but upon diagnosis of a critical illness. Despite being fit and healthy, unfortunately this does not make you exempt of becoming seriously ill. If you were to get a form of cancer or suffer from a heart attack and many others, you can receive the financial security at a time when you may not have it. The conditions covered within the policies will vary from each provider, that is where we are on hand to advise on which provider is best for you.
This is an income replacement policy which will pay out a tax free amount on a monthly basis if you cannot work due to illness or injury. You will receive this amount each month until either you return to work or the policy term finishes. Typically, the amount received will be up to 80% of your salary. The policy will typically allow for multiple claims in the event of future illness/injury.
This is another area that our insurance specialists will be able to review with you. As with all our insurance products, having home insurance in place will ensure that you are covered against the unexpected. Your property is likely to be your most financially valuable asset, it is important it is protected. We will offer products to protect you from loss, theft and damage. We provide two main types of home insurance.
You will need to have adequate buildings insurance to cover the cost of rebuilding your property should it be catastrophically damaged will be a condition the mortgage offer. You do not have to take out a policy which is offered to you by the mortgage lender, you can take out a policy with any provider on the market. We will review the market and find a policy that suits your needs and meets the requirements of your mortgage.
Once you’ve bought your house, you’ll want to furnish it to make it your home. We’ll work with you to properly assess the value of your house contents, including any high value items or bicycles that will need to be specified within the policy. Again, we will review the market to find the most suitable policy to meet