North East Mortgages - Mortgage Brokers & Protection Advisers
North East Mortgages - Mortgage Brokers & Protection Advisers

As a 'whole of market' adviser, we can find you the most competitive premiums for Personal all-round protection

It is a sad fact that while most of us are quite happy to insure our car, our home, holidays and even mobile phones, few of us take as much care to insure our own lives, or that of our loved ones. But what would you do if you lost your job, became ill or worse still you or your partner died? Have you thought how you are going to meet your monthly mortgage payments, or pay off the outstanding mortgage balance.

 

Choosing the right type of 'protection insurance' for you and your family is not always as straight forward as you may think. Most people do not like talking about illness or death, but protecting our loved ones and ourselves from the accidental and unforeseen does need careful planning.

 

  • life assurance / Term Assurance - Pays out a lump sum if you die within a specific number of years or term.
  • Mortgage / Protection Assurance - A decreasing term assurance to covers your mortgage in the event of your death
  • Critical Illness Cover - To protect you if you are diagnosed with one of a number of specified critical illness, there can be up to 48 illness's covered, including childrens cover.
  • Serious Illness Cover - Pays out on defined critical illness, and smaller amounts on less serious illness, up to 160 illnesses covered.
  • Income Protection - or PHI, will pay up to 65% of your income tax free, if you are unable to work due to sickness.
  • Family Income Benefit - Replaces your income in the event of your death, over a specified term.
  • Whole of Life - Covers you whenever you die, mainly used for funeral cover and IHT liabilities.
  • Pre Paid funeral Plans - Guaranteed acceptance with no medical or health questions asked.

We all need different forms of protection at different points in life. Your mortgage maybe the main priority at one point, loss of earnings maybe another priority at another point in time.

 

Already have insurance.

 

It is always a good idea to regularly review your life cover and make sure it adapts to your changing circumstances and needs. The cost of life insurance has been coming down in recent years, as the providers compete to get your business, so while you may have the right level of cover, you could be paying too much for it.



North East Mortgages - Mortgage Brokers  & Financial Advisers have considerable experience of finding the most cost effective policies for thier clients.

Write it in Trust?

I can advise you whether or not your policy needs to be 'Written in Trust' and provide you with the correct trust documents to submit to the provider of the insurance.

North East Mortgages - Mortgage Brokers and Protection Advisers,

is a trading style of Keywood Olley & Associates, Winster House,177a Bradford Road, Bingley BD16 1AH which is regulated by the Financial Conduct Authority.

North East Mortgages
31 Prensgarth Way  
South Shields

NE34 9HD

Telephone: 0191 4899291

Mobile:       07887 882755

 

email: 

office@ne-mortgages.co.uk

 

Use our online contact form.

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