Protection Insurance
What is your biggest asset, normally your home. What pays for your biggest assets, your income. So what happens if your income decreases or even stops if you or your partner dies, suffers a serious illness or loses their employment? It is just as important to protect your mortgage and income as arranging the mortgage in the first place. We will assess your needs and can help you arrange a variety of protection policies to suit your requirements and budget, simply call us on 020 8369 5888.
Life Assurance - Death Benefit - payable if you die
Have you got sufficient cover to:
• repay your mortgage commitment
• outstanding loans or credit cards
• leave you family and loved ones with sufficient provision for the future
Critical Illness Benefit

whilst we would all like to think it will never happen to us; sadly a number of critical illnesses are being diagnosed at a younger age. Critical Illness Benefit pays out a lump sum or monthly income if you are diagnosed with a specified critical illness.

This could help towards:
• repaying your mortgage commitment
• outstanding loans or credit cards
• pay for immediate private medical treatment
• make adaptations to your home or car
• maintain your individual or family lifestyle
Even a small amount of cover could lessen the financial impact a critical illness could have on you or you family.
Mortgage Payment Protection Insurance
For many people, the mortgage is the biggest financial commitment they will ever have and repaying it on a monthly basis is often the largest single outgoing. But what would happen to your mortgage if you were unable to work because of an accident or sickness or because you were made unemployed? You might think that state assistance would be available, but that is often not the case. Do you want to risk losing your home through events outside your control?

8 out of 10 homeowners do not qualify for any state help with their mortgage. If you or your partner works 16 hours a week or more or if you have more than £8,000 in savings, you will not qualify for state support. Even those who do qualify may have to wait for up to nine months before the benefit is paid and 4 out of 5 claims suffer shortfalls, usually because the payments only cover interest and not capital.

Should you lose your ability to work (and therefore the ability to earn sufficient income) you would still require an income in order to meet your normal living expenses. Mortgage Payment Protection Insurance protects you from falling behind with your mortgage repayments by enabling you to continue to pay your mortgage (and other household costs if desired) should you become unemployed or suffer an accident, sickness or disability that prevents you from working.
Income Protection
Could you survive on £75.40 (1) a week? Because that’s what you could be faced with if you had to give up work and rely on the state.
(1) Department for Work & Pensions website (www.dwp.gov.uk), April 2008.