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Mortgage Protection & Life
Assurance:
Have you considered what would happen to your home and to your family
if you were to die during the term of your mortgage?
How would your death influence the educational needs
of your children (up to, and including university), the continued lifestyle
of your loved ones (such as holidays), where they can afford to live,
who will become the main bread winner, etc?
Life cover will provide you with a lump sum of money
(or a regular monthly income if Family Income Benefit is chosen), which
will enable you to pay off bills, the mortgage, and perhaps secure
a future standard of living for your dependants.
Did you know?
On average, over 37,000 people die each year between the ages of
26 and 54. (Source: ONS Statbase 2000).
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submit your details. One of our advisers will contact you shortly
Critical Illness Cover:
Few people are aware of the high levels of incidence of the most common
critical illnesses, or that many people survive the initial diagnosis
and live for many years, although their lifestyle may have to change
considerably.
Critical Illness Cover is designed to provide you
with a lump sum of money (life cover for the living some call it) on
diagnosis of one of a comprehensive list of illnesses to protect you
and your family against such unforeseen changes. The money could be
used to clear a mortgage, pay medical bills, adapt the home, holidays,
etc.
Did you know:
Cancer: Over 300,000 people in the UK are diagnosed with cancer
every year, which is set to rise as the population increases. (Source:
Macmillan Cancer Relief, March 2002).
Stroke: Over 300,000 in England and Wales are affected
at any one time. (Source: the Stroke Organisation 2002).
Heart Disease: This is the biggest killer in the
UK. One British adult dies of heart disease every three minutes.
(Source:
British Heart Foundation, October 1999).
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access our on line quotation service
or
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submit your details. One of our advisers will contact you shortly
Income Protection Plan:
An Income Protection Plan allows you to benefit from a regular income
for time you take off work due to illness or accident, after a specified
period. Most employers would only continue to pay your salary for a
certain period – then what?
"But the State will help me financially won’t
they?” Yes, but State Benefits are unlikely to be enough for
you and your family to live on: whatever your current income, the basic
rate of Long Term Incapacity Benefit is £70.95 per week (Source:
DSS Jan 2002).
“But its not likely to happen to me…” Isn’t
that what everybody thinks? However, the chances of suffering from
a heart attack, cancer or stroke before the age of 65 are:
Males (aged 20 – 40) 1 in 4
Females (aged 20 – 40) 1 in 5
(Source: OPCS Cancer statistics 1989 and Morbidity Statistics from
General Practice 1991-92)
Click here to
access our on line quotation service
or
Click here to
submit your details. One of our advisers will contact you shortly
Accident, Sickness & Unemployment:
This is essentially very similar to Income Protection, and comes into
effect after a deferred period. However, rather than covering your
salary, this cover is designed to cover your loan repayments. As the
title suggests, it will cover you for accident, sickness or unemployment,
but for a maximum period of time only (usually one year).
Did you know?
Over the course of an average 25 year mortgage, 1 in 3 people will
have difficulty in keeping up with their repayments due to disability,
and 1 in 2 due to unemployment (Source: G E Frankoma).
Less than 3 in 10 households will qualify for Government
help with mortgage repayments, and even then, nothing will be paid
for 9 months.
Click here to
access our on line quotation service
or
Click here to
submit your details. One of our advisers will contact you shortly
Buildings & Contents Insurance:
Buildings insurance is required to be on risk from exchange of contracts
for a house purchase. Adequate contents insurance is a sensible precaution
at any time. If you would like assistance in arranging this, we will
be pleased to help.
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access our on line quotation service
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