We compare protection policies from 16 of the UK’s leading insurers and friendly societies, helping you explore a wide range of options in one place. By comparing cover, benefits and prices side by side, you can see exactly what’s included, understand the differences between policies and find protection that suits your individual needs and budget. Our aim is to make the process simple, straightforward and transparent, giving you the confidence to make an informed decision about protecting yourself and the people who matter most.
Professional & experienced
Mortgage Protection & Insurance
Protect the income that pays the mortgage.
A mortgage is arranged on the assumption that your income will carry on, month after month, for the remaining term of the mortgage. The right protection is what keeps the repayments going should illness, injury or something worse prevent that from happening.
Life/Critical Illness
Should the worst happen while there is still a mortgage secured on your home, the people you share it with would be left to keep up the repayments on their own, assuming they were financially able to do so. It is our duty of care to ensure we discuss this potential situation with you and provide you with solutions. In addition, a critical, life threatening illness may also have serious impact on your financial situation and by ensuring a suitable lump sum of money is available, the prospect of losing your home can be averted.
Income Protection
If your income stops because of illness or injury, then you could end up losing your home. Your employer may only offer some cover for a short period of time but after that, you may be reliant on statutory sick pay. Income protection policies can provide short or long-term benefits when illness or disability affects your ability to work as well as ensuring you have an on-going income to cover your mortgage and living costs.
Buildings & Contents
If you take out a mortgage to buy your property, buildings insurance is the only mandatory insurance you must take out. It is usual (but not obligatory) to add contents insurance to this to protect your belongings and prized possessions. We can arrange both of these for you, so you don’t have to worry. There are a number of options to consider and by asking the right questions, we can make sure you have the most suitable cover for your needs, not just the cheapest available via a comparison website.
Why arrange it through an adviser
We recommend the right type and amount of cover for your mortgage and your household, so that you are neither paying for more than you need nor left with too little. We also help you with the medical questions, approach the insurers most likely to offer you fair terms and remain on hand should you ever need to make a claim.
Questions we're asked most
Do I need life insurance to get a mortgage?
No, it is not a legal requirement and most lenders will not insist upon it. The mortgage does not disappear if you die, however, so the question worth asking is whether the people you live with could keep up the repayments without your income.
Do I need a medical exam to get cover?
Most applicants do not need a medical examination. Insurers usually assess your health from the medical and lifestyle questions you answer when you apply, whether that is online or over the phone.
I have death in service through work. Isn't that enough?
It certainly helps, but it is tied to your job and will normally come to an end on the day you leave. It is also calculated as a multiple of your salary and bears no relation to the amount you owe on your mortgage, so it is worth setting the two figures side by side.
How can I use a critical illness payout?
You can spend the tax-free lump sum however you like. Common uses include paying off a mortgage, clearing debts, replacing lost income or paying for private medical treatment.
How does critical illness cover differ from life insurance?
Life insurance pays out only when you die, to help your family. Critical illness cover pays out during your lifetime on a qualifying diagnosis, so that you can support yourself through your recovery.
Is income protection worth it if I already get sick pay?
That depends very much on how long your employer would go on paying you. Many schemes last for a few weeks or months, after which you would fall back on Statutory Sick Pay, and that is payable for no more than 28 weeks.
How much of my salary will income protection pay?
Most policies pay out between 50% and 65% of your gross income, and some go up to 70%. The cap is set below your full salary so that there is still a financial reason to return to work.
Is home insurance a legal requirement?
No, it is not required by UK law. If you have a mortgage, however, your lender will almost always make buildings insurance a condition of the loan.
Contact us now for a fee-free initial consultation to see how we can help.
Our initial discussion only takes about 30 minutes. We conduct the majority of our business by phone and email.
