SERVICES
PROTECTION
Protection advice for what matters most
From protecting your family's future to safeguarding your income, we find cover that actually fits your life.
FAQs
Whether you want to protect your family if the worst happens, replace your income if you're unable to work, or plan ahead for inheritance tax, Blue Sky Mortgages gives you clear, independent advice. As whole-of-market protection specialists, we look beyond comparison sites to build a safety net that actually fits your circumstances, not a generic policy.
If the worst happened, would your family be able to cover the mortgage and everyday living costs without your income? Life insurance pays a tax-free lump sum to your family if you pass away within an agreed term, most commonly aligned with the length of your mortgage.
Cover options:
Level Term Cover
A fixed payout throughout the policy, suited to interest-only mortgages or leaving a fixed legacy.
Decreasing Term Cover
Payout reduces in line with a repayment mortgage balance, often the most cost-effective option.
Policies written in Trust
Payouts reach your family quickly and stay outside your taxable estate.
Unlike term insurance, Whole-of-Life Assurance has no expiry date. It guarantees a tax-free payout to your beneficiaries whenever you pass away, provided premiums are maintained, making it a specialist tool for estate and inheritance tax planning.
Key benefits:
Covering an Inheritance Tax liability
Providing immediate funds so your family isn't forced to sell property to pay a tax bill.
Leaving a guaranteed legacy
For children, grandchildren, or a chosen charity.
Writing the policy in Trust
Keeps the payout outside your taxable estate and bypasses probate delays.
The Financial Conduct Authority does not regulate Inheritance Tax planning advice. While some Whole-of-Life plans can acquire a cash surrender value, their primary purpose is financial protection; they should not be viewed or treated as an investment.
A serious diagnosis changes everything overnight. Critical Illness cover pays a tax-free lump sum if you're diagnosed with a specified serious illness, giving you the financial breathing room to focus on recovery rather than money.
What to know:
Bolt-on cover
Added to a life insurance policy, cost-effective, pays out once on illness or death
Standalone cover
Runs independently of life insurance, so a claim doesn't affect your family's later protection
Cover varies by provider
The range of conditions and payout thresholds differ significantly; we compare the detail so you don't have to
Most of us insure our home and car, but rarely our ability to earn. Income Protection replaces part of your salary with a regular, tax-free monthly income if you're unable to work due to accident or illness.
How we tailor it:
Tailored to your sick pay
Structured around what your employer already provides, so you're not paying for cover you don't need.
Employed or self-employed
Available whichever way you work.
Cover to retirement age
Protection can run right up to your planned retirement date.
Redundancy cover has become a specialist, niche corner of the market; many high street providers no longer offer it. We work with specialist broker networks to source the unemployment and ASU (Accident, Sickness and Unemployment) policies still available.
What to know:
Tax-free monthly payouts
If you're made involuntarily redundant
Involuntary redundancy only
Cover doesn't apply to resignation, retirement, or voluntary redundancy.
Beyond state support
A private safety net that goes further than support such as Jobseeker's Allowance
Ready to protect what matters most?
Let's talk through your family, your income, and your future. Get in touch today for your free, no-obligation initial consultation.