Have Any Questions?
0844 884 9748
Head Office
55 Penhill Road, Bexley Kent, DA5 3EP
Our Working Hours
Mon - Sat: 9.00 - 19.00
Life Cover & Protection
Family & Personal Protection Life insurance & Critical Illness
Mortgage Protection, Life Insurance
Nobody wakes up in the morning and thinks “I know, I’ll get a mortgage.” Instead, most of us are drawn in by the promise of a beautiful home for our family. What then, would you do if a life changing event were to happen to your family, such as loss of either of the borrowers? Would the surviving borrower be able to maintain the repayments on their own? Would they be able to take on the added responsibilities that suddenly come their way? Having the mortgage repaid in one payment certainly would appeal to most joint borrowers or those with families.
Of equal significance is the impact that a critical illness could have on your ability to pay for a mortgage. If you or your partner were to suffer from a heart attack, cancer or a stroke how would you balance paying your mortgage, other financial responsibilities, family life, work and treatment? It’s likely something would have to give.
Family Protection
We all love our homes, particularly a new home, but most would say that their family is more important. Who would take care of your family in the event that you are incapacitated, or worse still if you were no longer around to take care of your loved ones? Who would pay the bills? Who would cover your share of the household chores? How would your loved ones fulfil all of those plans you have made without the means to do so?
Income Protection
It may seem obvious, but a financial commitment of the size of a mortgage will impact on your monthly bills. For that reason we will complete a budget planner and assess your income and outgoings. What most people tend to ignore, however, is the impact that a loss of income could have on your ability to afford a mortgage. Many people have little or no savings to fall back on and an accident, illness or redundancy would leave you unable to meet your mortgage repayments, which puts your home at risk of repossession. Even if you could pay your mortgage, you may struggle to afford the monthly expenses.
Life Insurance, Critical Illness, Family Protection, Income Protection we can offer a solution tailored specifically to your circumstances call us now or get in touch and we can talk through some options for you based around your budget.
“Your income could be at risk from accident or illness so make sure you and your family are covered you have worked hard for you and your family so don’t risk loosing it”