Insure to protect

Life and critical illness cover

Just imagine how devastated your loved ones would be if they had to sell the family home because there wasn’t sufficient life cover in place and they could no longer afford to make the payments on the mortgage or other loans secured on it. This could be the case following an illness, accident or even worse, your death.

Life is full of ups and downs and that’s why planning ahead while you can is vital to the long term financial security for you and those you care about.

Today there’s plenty of choice when it comes to inexpensive insurance arrangements designed to provide for your financial well being following a sudden and unwelcome event.

With so much choice of products and their variations available it does take the skill of a qualified mortgage broker to find the one that provides the right balance between adequate cover and within an affordable budget. 

The following prove to be popular choices of insurance protection available:

Life assurance.

A fixed Term Life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life.

Critical illness.

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness it can also include life cover too it then becomes payable on the first ‘event’ to occur i.e diagnosis or death. 

Income protection.

This plan can replace a fair proportion of your income and can run up till your retirement. It is designed for anyone working (employed or self employed). 

Mortgage protection.

This is designed for those who are worried about being able to continue their mortgage payments in the event of losing income due to accident, sickness or unemployment.