Protection covers a range of policies designed to keep you and your family safe if the worst happens. Life can be unpredictable, and the right cover ensures your mortgage repayments are taken care of, your home stays secure, and your family’s finances are safeguarded - giving you peace of mind no matter what life throws your way.
The different types of mortgage protection insurance include:
Life insurance provides peace of mind by protecting your loved ones financially if something happens to you. While life insurance is not a legal requirement to get a mortgage, we strongly advise considering it. A mortgage is likely the biggest financial commitment you will make, so it makes sense to protect it - especially if you have dependents who rely on your income. Many life insurance plans can be linked to your mortgage, paying out a lump sum that covers the outstanding balance and helping ensure your family can stay in their home.
Income protection offers financial support if you’re unable to work due to illness or injury. It replaces part of your income with regular, tax-free payments until you are able to return to work, helping you keep up with mortgage payments and everyday living costs.
Critical illness cover is designed to provide financial support if you are diagnosed with a serious illness. The policy pays out a tax-free lump sum for covered illnesses, which can be used to manage mortgage payments, medical expenses, or other essential costs during a difficult time.
Buildings insurance is the only legal requirement for a mortgage and protects your home against unexpected events such as fire, flood, or storm damage. Adding contents cover means your belongings are protected too.
Your protection needs change as your life changes. You might start a new career, move to a larger home, or expand your family. Reviewing it regularly will ensure it still meets your needs.
How protected are you?
Use our financial risk assessment tool to explore how your finances could be affected if the unexpected happens and discover the options available to support you.
Protect their world – even when it’s upside down
A comprehensive Will works alongside your protection plans by making your wishes clear and helping your loved ones avoid unnecessary stress.
Talk to us about how our Will writing partner can help you.
Your Financial Risk Assessment
Financial risk is how likely you are to experience life-altering setbacks that would otherwise have a significant financial impact.
Imagine your protection coverage as a safety net that protects you from bumps in the road; such as medical expenses or loss of income - without derailing you and your family’s future.
This is a provisional assessment of the types of protection you may have. It does not factor in the payouts of any protection policies you may have and whether these will be enough to meet your needs.
Will Writing
If you have a mortgage, a will is essential to protect your home and your loved ones.
It ensures your property is passed on according to your wishes and that the mortgage can be managed smoothly. Without a will, strict legal rules apply, which can cause delays, stress, and financial uncertainty. A will can clarify who inherits your home and how the mortgage is handled, helping prevent missed payments and giving your family peace of mind.
Make sure everything you’ve worked hard for is passed on to the people you care about most. Talk to us about how our will-writing partner can help you.
Talk to us about protection
Important information
For insurance business we offer products from a range of insurers.