top of page
Protection
“You’ve worked hard for what you’ve got - let’s make sure it’s protected!”
Bad things do happen, and when they do you don’t want to be left without options; people take insurance for this reason!
Mortgages and protection go hand in hand because,
let’s face it, this is the biggest debt you’ll ever take on.
We’re advising you on every little bit of your mortgage, to make sure it fits your life. But this only works if you have your health, your job and your income for the next thirty years! What if you don’t? This is why we recommend protection - it’s the flip side of the mortgage story.
We care about getting this right so that you understand why protection is so important. Nobody likes to, but together we need to think about the tough times - redundancy, illness, death - and what it would mean for you and the people who depend on you. It’s your decision; as long as we’ve recommended what’s best, we’ve done the right thing.
You’ve made sacrifices for everything you’ve got!
Let’s make sure it isn’t all for nothing.
Have a look at the different ways protection can make a difference - these are all things that happen every day..
Life Insurance
“Imagine you’re a working couple with two young kids - you’re both healthy and living life to the full. Suddenly, you’re in an accident and your life flashes before your eyes. What happens to your family if you’re not there? They can’t afford the house without your salary! Government support won’t pay the mortgage, bills, childcare! It’s bad enough they’re losing you - will they also have to sell the house you bought together and made your own?
Life Insurance would mean that thoughts like these never need to keep you up at night. If it’s right for you, we’ll recommend a policy which will pay the mortgage balance - or more - if you were to die.”
Income Protection
“You’re a newlywed couple and can’t believe how good things are - you feel like you’ve struck gold! You work hard and deserve to splurge; at the weekends, on holiday, whenever you feel like it. One day you suffer a debilitating injury; it’s going to be a year before you’re back at work. Your employer provides next-to-no benefits - certainly not enough sick pay to live on - and you don’t have a lot of savings. Even on the tightest budget, and under a lot of strain, you can only stay afloat on one salary for the first two months… what about the other ten?! What will the bank do when you tell them you can’t pay?
If there’s no safety net for a short period of absence from work, we might suggest an Income Protection Policy to bridge the gap when you’re sick or injured. This will pay you a percentage of your salary to help protect your home, and pay your bills, until you’re back on your feet.”
Critical Illness Cover (CIC)
“Picture it - you’re in your prime and love the home you recently bought for yourself. You might have a family eventually but for now you’re happy with your work/life balance! Out of nowhere you have a diagnosis - surgery, extensive treatment, recovery, and no guarantee you’ll return to the way things were. With so much on your mind, you don’t even have the energy to worry about supporting yourself. You’ve got about six weeks of savings and then....what? Sell up and go back to mum and dad’s?
A policy which pays a lump sum when you come down with a critical illness is called Critical Illness Cover. If you want to continue owning your home after a serious diagnosis, we can recommend cover which will pay off the mortgage or more.”
General Insurance
“You’ve owned your house for the last 5 years and really made it your own - it’s been so much fun filling it with your favourite furniture and gadgets. Without warning, there’s a fire in the night and you’re lucky to escape outside. As you watch the house in flames, you’re so thankful you took out a good home insurance policy - at least you’ll be able to rebuild. But what about refurnish? Your stomach lurches as you realise you skipped the contents policy; your smartphone is inside, and a new laptop, and the giant TV, and the expensive couch… the cost adds up and up the more you think about it...
Did you know that you must have buildings insurance as a condition of any mortgage offer? We can recommend this for you (and we’re sure you’ll want to shop around too!) You may assume this also covers replacing all the items inside - don’t make that mistake! For your valued possessions, we can recommend contents insurance so that together these products would rebuild and refurnish your home if it were completely destroyed.
"We've got this"
You’re in the right place
bottom of page