Financial Protection
Financially protect your income, family
and life with life insurance, critical illness
cover and income protection.
Financial Protection
As part of our mortgage application process, we’ll discuss how you can financially protect yourself and your family against unforeseen events.
We firmly believe our job is to help you purchase your home with a mortgage, but to keep you there no matter what happens with protection.
Our most popular protection services include life insurance, critical illness cover, income protection and home/ general insurances.
Protecting Your Family
We don’t really know that we need insurance and financial protection, until we really need it. As part of our regulatory obligations, we need to inform you about your insurance options to protect you and your family.
Life insurance provides financial stability in the event a loved one passes away. It’s typically used to repay the mortgage and cover additional
Critical illness cover will pay you a sum of money if you have one of the top three most likely conditions; a heart attack, cancer or stroke (among other conditions).
Applying for protection early in your life means you can keep your premiums lower. If you apply when there’s a known condition, your policy could be “rated” and premiums would be higher, or insurance providers could reject your application all together.
Protecting Your Home & Income
Alongside protecting you and your family financially, we can also explain other policies that help you continue to protect your home.
We can advise you on your home and general insurances, like buildings and contents protection, as well as the benefits from choosing a robust policy that will actually pay out should you need to claim on it.
Another important conversation to have is income protection. If you’re unable to work, but haven’t had a critical illness or died, then income protection ensures you don’t financially suffer as a result. The policy can pay you your salary until you are fit and healthy to go back to work. This is particularly important if you employers sickness benefit is the minimum / statutory allowance by the government.
We can explain all of these solutions in detail and answer any questions you may have.