Term Assurance

Decreasing Term Assurance Plans provide life cover which is designed to roughly decrease in line with the reduction of the outstanding repayment mortgage. However in some circumstances the lump sum may not be enough to repay your mortgage in full.

Level Term Assurance Plans are simple, low cost arrangements that can give you the peace of mind of knowing that it provides a level amount of life cover for the agreed term. 

Critical Illness Cover

Many people think of taking out protection for their mortgages in case they die, but how would you cope if you suffered a critical illness or disability?

Critical Illness Cover is designed to provide a lump sum on death or diagnosis of a critical condition as defined under the terms of the policy and subject to your eligibility to claim. This means that money can be available at a time when a critical condition might seriously affect your financial position.

Income Protection

Have you considered how you would continue to pay off your mortgage and other household bills if you were unable to work due to accident or sickness?

Income Protection Benefit provides a regular monthly benefit should you be unable to work due to incapacity caused by an injury or illness resulting in a loss of earnings. This means that it can help provide essential financial stability following the deferred period until you return to work, no longer suffer a loss of earnings, die or the policy ends.

The level of monthly benefit chosen for an Income Protection Benefit policy is based on your current earned income. The amount that might actually be paid in the event of a claim will be affected by any other income e.g. benefit from other protection policies and other employment.

Building and Contents Protection

This insurance of the property against major damage such as fire and other risks will normally be a condition of the mortgage lender. In addition to the brick and mortar, you may also wish to insure your contents.