Insurance

A sudden loss of income can be detrimental to your quality of life. Death, injury, or illness can cause devastating financial damage. Insurance will protect your home and quality of life while your family recovers. Choosing the right policies is important and this will depend on your circumstances and needs. Our expert advisers can advise you of the most suitable policies and also arrange them for you.

Protecting yourself and your dependents

Protecting yourself and your dependents is extremely important and we will help to give you the right options.

Protection will depend on your needs and our professional advice means we will only recommend what is best for you. The cost of protecting yourself properly will be an essential part of the mortgage. However, there are many choices open to you so we can ensure affordability does not come in the way of looking after your loved ones.

Just like finding the right mortgage, we will get to understand your needs, priorities and situation. We will complete a medical questionnaire and then research your options, presenting you with our recommendations.

We advise on the following types of Insurances

  • Life Cover

    Life Cover pays out if the policyholder dies or is diagnosed with a terminal illness. A lump sum is paid to the beneficiaries to repay the mortgage, cover debts and help with living expenses

  • Critical Illness Cover

    Critical Illness cover pays out if the policy holder becomes critically ill or injured. The money is paid out tax free as a lump sum, to help with treatment and recovery costs, mortgage payments and living expenses.

  • Income Protection Insurance

    Income Protection Insurance pays out if the policyholder is unable to work due to illness or injury. You can receive up to 60% of your gross income (tax free) as monthly payments throughout the term of the policy, or until you retire or return to work.

  • Family Income Benefit

    Family Income Benefit pays out on the death of the policyholder. Money is either paid out as an annual income for the duration of the term, usually until the children reach working age. It is often taken out alongside Life Cover to provide short and long-term financial support.

  • Buildings & Contents Insurance

    Buildings Insurance pays out if your property is damaged to cover repairs. Contents Insurance pays out if your possessions are damaged, lost or stolen to cover repairs or replacements. Buildings insurance is required when you take out a mortgage. Contents Insurance is not required, but it is recommended.

  • Wills

    Having a Will lets you decide what happens to your money, property and possessions after your death. If you do not make a will, your possessions will not necessarily be passed on in the way you would choose. The Financial Conduct Authority does not regulate Will or Estate Planning.

To complete the medical questionnaire please click on the following:- Life, Critical Illness & Income Protection Questionnaire

Our office is in Hemel Hempstead, contact us today for more information.

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