Insurance
 

Life Insurance - Mortgage Protection Insurance
Unlike many things today the cost of Life Assurance, Mortgage Life Protection and Critical Illness Protection has fallen in recent years. The competitive nature of these products has meant that many life offices have actually reduced their rates for this type of cover.
  • Mortgage Life Protection Assurance - Summary of Cover
    • You decide on a sum insured and a term of years from the outset.
    • The plan has no investment content.
    • The sum insured reduces each month during the term.
    • The plan is designed to pay a sum insured that will be equal to the outstanding capital amount under a standard repayment mortgage.
    • If you die during the specified term then the sum insured is paid out.
    • Can be set up as a single life plan, insuring one life for a predetermined sum insured and term.
    • May also be set up as a Joint life first death plan where the sum insured is payable on the first death.
  • Critical Illness benefit can be added to most plans where the benefit is paid on either death or a critical illness whichever should occur first.
  • Terminal Illness benefit is normally payable on most policies during the term of the policy, this usually excludes the last 18 months of the policy term.
  • As soon as the sum insured is paid out the plan ceases.
  • If you survive the term and the sum insured has not become payable then the plan ends and nothing is paid out.

Life Term Assurance - Level Term Life Insurance
Unlike many things today the cost of Life Assurance, Mortgage Life Protection and Critical Illness Protection has fallen in recent years. The competitive nature of these products has meant that many life offices have actually reduced their rates for this type of cover.
  • Level Term Assurance - Summary of Cover
    • You decide on a sum insured and a term of years from the outset.
    • The sum insured remains constant throughout the term.
    • The plan has no investment content.
    • If you die during the specified term then the sum insured is paid out.
    • Can be set up as a single life plan, insuring one life for a predetermined sum insured and term.
    • May also be set up as a Joint life first death plan where the sum insured is payable on the first death.
  • Critical Illness benefit can be added to most plans where the benefit is paid on either death or a critical illness whichever should occur first.
  • Terminal Illness benefit is normally payable on most policies during the term of the policy, this usually excludes the last 18 months of the policy term.
  • As soon as the sum insured is paid out the plan ceases
  • If you survive the term and the sum insured has not become payable then the plan ceases and nothing is paid out.

Income Protection Insurance - Long Term Illness
Question - If you are ill and cannot work who will pay the bills?

We have now formed a partnership with Permanent Insurance one of the leading providers of Income Protection in the UK who through their Income Protector Policy will give you a tax-free replacement income if you are unfortunately unable to work through sickness or accident.

Lets look at some of the many benefits Permanent Insurance's Income Protector can provide for you:

  • Income payable until you recover, or the termination date of the policy.
  • No income tax to pay on the replacement income.
  • World-wide cover for UK residents.
  • No premiums to pay during a claim after 13 weeks incapacity.
  • No exclusions other than HIV/Aids.
  • Discounts of up to 20% for certain occupations.
  • A range of income protection products to suit your individual needs.
    • And finally you can purchase on-line today.

UK Payment Protection - Critical Illness Insurance
Unlike many things today the cost of Life Assurance, Mortgage Life Protection and Critical Illness Protection has fallen in recent years. The competitive nature of these products has meant that many life offices have actually reduced their rates for this type of cover.
  • Critical Illness - Summary of Cover
    • A Critical Illness policy is an insurance policy, which pays out a lump sum upon diagnosis of a serious illness.
    • The term and sum to be insured are decided at the outset.
    • If a critical Illness is diagnosed during the specified term then the sum insured is paid out.
    • If you have not suffered any serious illness at the end of the term then the plan ceases and nothing is paid out.
    • The plan can be set up on a single or joint life basis and can be added to either Level Term or Mortgage Protection Assurance.

UK Mortgage Payment Protection Insurance
  • Mortgage Payment Protection Insurance - Summary ( instant quote + terms & conditions  )
    • Choose the amount of monthly mortgage payment protection benefit required
    • Select the type and level of payment protection insurance
    • Pay your monthly insurance premium
    • If you are unemployed or disabled for longer than the waiting period
      • we pay a fixed monthly benefit for up to 12 months
  • Benefits and features of the Mortgage Payment Protection Insurance policy
    • Full unemployment and disability cover.
      • Unemployment only cover available at a reduced cost.
      • Disability only cover is available at a reduced cost.
    • Free cover benefits for both new and existing mortgage borrowers.
    • Mortgage Payment Protection Insurance competitive premium rates after the free cover period
  • Mortgage Payment Protection Insurance policy for new mortgage or re-mortgages, the first 3 months FREE
    • Existing mortgages, subject to the unemployment exclusion, you will receive the first 3 months FREE
      • Unemployment Exclusion – if you are taking out the policy to protect an existing mortgage, you will not be covered against any unemployment, which occurs during the free cover period. This exclusion will not apply if you transfer your cover from another insurer; provided your existing policy has been in force for at least six months and you have not made a claim under that policy
  • Mortgage Payment Protection Insurance competitive premium rates
    • Back-to-Day-One benefits payable after 30 days
    • Mortgage Payment Protection Insurance claim benefits payable for up to 12 months
    • Employed and self-employed can apply for insurance
    • Simple insurance application - no medical required
    • Payment protection insurance, transferable cover between mortgage lenders


Our Discount Policy

We share our commission with you the customer. We do this by sacrificing a substantial percentage of our commission, which will reduce your premiums throughout the term of the policy. Because of this commission sacrifice we believe that we offer the most competitive quotations in the U.K.

Some product providers do not have a facility for us to rebate commission to reduce your premiums. We will only use these providers where they can offer the most competitive quotation.

Our Aim

Is to provide competitively priced quality products and a first class service.

If you have an existing policy that you have been paying for a number of years, or if you are considering taking out a new policy to cover your mortgage, business loan.

We believe we can provide you with the most competitive quotation available.

In most cases these Products are non-Regulated. However should your chosen Product fall into a regulated category we will advise you accordingly. This is an overview of protection products. With your application pack we will provide a Written Quotation, the Individual Company's Key Features and Full Product Details.

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