Protection

Protection Options

Life Cover

Sometimes life can be unpredictable, but we're here to help you plan for the unexpected. Life Cover can help to protect your family so that they don’t find themselves in financial crisis if you are no longer around.

There are many different types of Life Cover. Some policies will pay out a lump sum to your family should you die, whereas other types will provide a monthly income.

Critical Illness Cover

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers.

Income Protection

If you find yourself unable to work due to illness or injury, income protection could help you to pay your bills and your mortgage, replacing typically up to 70% of your gross salary. These long-term plans pay out an income as long as you are unable to return to work up until the end date of the policy, which is usually your normal retirement age.

As mortgage & protection advisors in Nuneaton & Bedworth we can help find Life Cover that best suits your needs.

Mortgage Payment Protection

Often referred to as Mortgage Payment Protection Insurance (MPPI) or Accident, Sickness & Unemployment Cover (ASU) these policies are normally mortgage specific covering mortgage payments in the event of accident, sickness or unemployment.

Different to income protection these plans are short term usually paying benefits for up to 24 months.

Family Income Protection

Family Income Protection is designed to pay out a regular monthly income to you or your family if you pass away or are diagnosed with a terminal illness within the term of your policy.

Family Income Cover differs from other ‘term life’ insurance policies as it pays out a monthly income rather than a cash lump sum.

Private Medical Insurance

Health insurance, or private medical insurance can give you greater choice and quicker access to medical support from the best private specialists and hospitals.

Most in-patient treatments and day-care surgery are covered by health insurance and some policies also include some out-patient treatments. Contact us and we help find the right policy for you and your family.

Although we are not authorised to provide advice on Private Medical Insurance we can introduce you to an authorised and regulated Financial Adviser who can provide you with specialist advice in this area.