Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance (Short-Term Income Protection) and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at https://www.moneyadviceservice.org.uk.
A mortgage is likely to be the greatest financial commitment most people make. Your home (or buy-to-let investment) is still reliant on income being generated to support payment of the loan. The first aim of protection is to help you keep your home (or property). The second aim is to maintain you and your family’s standard of living should one of the events below happen.
We want to help you get the right quality of cover for your needs within your budget. After we have assessed your needs, we will advise and make recommendations for any of the listed events.
A serious illness – such as cancer, stroke or heart attack
Any of the above happening to your tenant in your buy-to-let
Asset Protection Considerations
Providers pay out!
Around £13m a day was paid out to support people who have protection insurance products such as life insurance, critical illness or income protection, latest figures produced in 2017 from the Association of British Insurers (ABI) and Group Risk Development (GRiD) show.
The average value of claim paid
* Figures are for new claims, as well as all income protection claims in payment.
Speak with one of our Independent Financial Advisers …
Call us on +44 7932 266 717
or leave your details and our team will be in touch…