INSURANCE & PROTECTION

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PLANNING FOR THE UNEXPECTED

If you’re looking to protect a mortgage, make sure you leave money behind for loved ones, or other areas such as critical illness cover we have got it covered.

We’ll design a tailor made solution that fits in with your objectives and comes in at a budget that’s affordable.

To find out more about how each cover can help protect you and your family’s future, take a look at the below common questions.

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WHAT TYPE OF PROTECTION INSURANCE ARE YOU LOOKING FOR?

We’re a blend of expert knowledge, skills and passion – and we’d like to think the ultimate formula for a great mortgage.

Life insurance

What is it?

A Term life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life. It covers you for a fixed period and pays out a one off lump sum if you die during the policy term.

With some term insurance policies you can add additional options, for instance critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.

Who is it for?

This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. Our specialist team can help you find the one most suitable to meet your requirements.

Income protection

What is it?

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).

This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.

Who is it for?

This type of plan is designed for anyone whom is working (employed or self employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have. Our specialist team can help you find the one most suitable for your requirements.

Landlord Insurance

We’re a blend of expert knowledge, skills and passion – and we’d like to think the ultimate formula for the perfect insurance and protection plan.

Critical illness

What is it?

A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.

Who is it for?

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a critical illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers. Our specialist team can help you find the most suitable one that best meets your requirements.

Business protection

Helping to protect the future of your business

Do you depend heavily on the skills and judgements of others within your business? Are these people vital to its effectiveness and profitability? If so, have you considered the financial impact that the death or critical illness of such a key person would have on your business? The impact could be:

  • A loss of profit
  • An interruption to cash flow
  • An inability to make loan repayments
  • A change in shareholder control

In some instances, the financial impact could be so great, that the business is unable to continue. Business Protection allows you to put in place cover that would ensure that funds become available, should a key person in your business become critically ill or die.

We can help you with the following protection

  • Key person insurance
  • Share holder protection
  • Group protection
  • Business loan protection
  • Relative life plans

Call us today for a tailored solution for your business needs.

Buildings & contents insurance

What is it?

If you have a mortgage, your lender will insist that your property (and their security) is protected by buildings insurance. It usually pays out if your property is destroyed by fire, floods or subsidence (although you will need to check if you live on a flood plain, for example). Damage to fixed fittings such as baths and kitchens are often included, as well as sheds, greenhouses and garages.

If you purchase a leasehold property (such as a flat in a block of flats) the freeholder may have arranged buildings insurance for the whole block, in which case you may not need your own buildings policy.

What isn’t covered?

Your cover is based on what your home would cost to rebuild. You can check whether you have enough buildings insurance through the Building Cost Information Service (BCIS) website. It has an online tool to help you calculate the sum you should insure your building(s) for, in case your home has to be entirely rebuilt.

As always feel free to contact us to we can make sure you have the right cover that fits your needs.

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WHO WE WORK WITH

Below is just a small selection of the lenders we’re able to work with on your behalf

Nationwide
NatWest
LBS
Virgin Money
Precise
HSBC
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WE’RE WITH YOU EVERY STEP OF THE WAY

With over 10 years of financial services experience, from mortgages to protection, our varied industry knowledge will cater for any financial circumstance you find yourself in.
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10 +

YEARS OF FINANCIAL EXPERTISE

We love our job and hope that shows through when there is nothing about the industry that our experienced team do not know.
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100 +

Mortgages To Suit You

No matter your circumstances, we are here to get the right mortgage for you.
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FIRST TIME?

First time buyer mortgages

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MORTGAGES

Looking for a mortgage deal?

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PROTECTION

How to protect your mortgage

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REMORTGAGE

Get great remortgage deals

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READY TO DISCUSS YOUR OPTIONS?

With hundreds of mortgage products available, you can be sure that our experienced mortgage team will find a great deal for you.
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WHAT OUR CUSTOMERS ARE SAYING

Happy clients are the bedrock of any business and ours is no exception.

"Friendly, fast and efficient, with outstanding Service throughout the entire process. Really happy and would recommend to anyone."

 

 

James Anderson (September 2023)

 

 

"Great Service, Friendly, Quick & Reliable. Always called me back and answered even my most silly of questions. Will definitely recommend!"

 

 

Nick Peters (September 2023)