It’s a tough question, but it’s a good question to ask when you are taking out a large debt against your home. Often, people leave it too late to ensure that their home and family would be protected against the risk of death, and can leave more than just emotional pain behind.

Life insurance generally pays out a cash lump sum if you die within the term of the policy. Cover is usually on a level or decreasing basis.

THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

More of us than ever before will now suffer a Critical Illness at some point during our lives. It is important to consider what financial impact this could have on you and your family.

Critical Illness and Serious Illness cover will generally pay out a lump sum when you are diagnosed with an insured condition or suffer a serious injury.

Critical Illness can very hugely from different providers, and therefore it is important to get help before making a choice on what cover is right for you. In the event of a successful claim, a policy will be paid directly to you, and can be used for any purpose, such as maintaining your standard of living, paying your mortgage, making changes to your home, or paying for private healthcare.

Many Critical Illness insurers will now also extend cover to your children to ensure that the whole family is protected, recognising that your son or daughter suffering a Critical Illness such as Cancer, could have a devastating impact on your family.

It’s our professional responsibility to ensure that your home and family are protected and that you are aware of the risks involved with taking on a mortgage. We can discuss and help assess your circumstances with you to discover if Critical Illness Cover is relevant for you and what level of cover would be most appropriate.

Please contact us to discuss your Critical Illness requirements.

IF THE POLICY HAS NO INVESTMENT ELEMENT THEN IT WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE. THE POLICY MAY NOT COVER ALL THE DEFINITIONS OF A CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFER TO THE KEY FEATURES AND POLICY DOCUMENT.

*statistics provided from Cancer Research UK

We can often insure everything else in our lives, except the most important thing of all: our income.

How would you pay your bills if you lost your income tomorrow? It’s not too hard to see that without an income, our entire world can start to fall apart, and an illness or accident could happen at any time.

Income Protection policies are generally very straightforward and simple to set up, as it’s bespoke to your circumstances. It can provide an income on a monthly basis, tax free to replace up to 65% of the lost earnings. This can be set up to pay until retirement, or until you can return to earning a salary again. Unlike car or home insurance, your premiums won’t increase due to a claim, and the insurer can’t cancel your policy, which is why this cover used to be called Permanent Health Insurance.

This can be tied in with your existing benefits, if you receive any from your employer, to ensure a seamless transition with no break in income.

It’s our professional responsibility to ensure that your home and family are protected and that you are aware of the risks involved with taking on a mortgage. We can discuss and help assess your circumstances with you to discover if Income Protection Cover is relevant for you and what level of cover would be most appropriate.

Please contact us to discuss your Income Protection requirements.

INCOME PROTECTION (WITH NO INVESTMENT LINK) HAS NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF YOU STOP PAYING PREMIUMS YOUR COVER MAY END

Protecting your home if you are taking out a mortgage, is a legal requirement, and it’s important to ensure that you have the right cover. Cheapest isn’t always best!

A Buildings Insurance policy should cover the cost of repairing or rebuilding your home if it’s damaged. It should cover you for events such as storms and floods, fire, vandalism, subsidence and water damage. Contents covers all the items in your home against theft, fire, and flood.

So what items are classed as Buildings and what items would fall under Contents Insurance?

As a general rule, imagine lifting up your house and shaking it upside down. Anything that would fall out is Contents, what remains is Buildings.

Different policies will offer different levels of cover, with more comprehensive policies often covering the following:

• Accidental Damage
• Legal Expenses
• Lower Excesses
• Home Emergency Cover
• Personal Possessions outside the home

If you are a landlord, it is very important that you have specific cover for the home you are renting out. This is often referred to as Landlords cover, and will ensure that the Building is protected, as well as landlord specific contents.

It’s our professional responsibility to ensure that your home and family are protected and that you are aware of the risks involved with taking on a mortgage. We can discuss and help assess your circumstances with you to discover if Buildings and Contents Cover is relevant for you and what level of cover would be most appropriate.