Your mortgage is likely to be the biggest financial commitment of your life. At this time, it is vital that you consider the implications on yourself, your family and your business if anything were to happen to you before your mortgage was repaid.
Could your dependents continue to pay the mortgage if you died during the mortgage term? Would you be able to continue living in your home if you suffered a serious illness such as cancer or a stroke? And could you afford to keep up your repayments if you were forced to take an extended period off work?
Tudor Mortgage & Finance are protection experts and we can give you honest and independent advice on the right life insurance, critical illness cover and income protection for your needs.
We can also arrange bespoke buildings and contents insurance to protect your home and your belongings. Speak to us if you need expert advice on:
- Buildings and contents insurance
- Life insurance - either to cover your mortgage or on a stand-alone basis
- Critical illness cover
- Income protection
Your simple guide to life insurance and critical illness cover
Taking out enough life insurance to ensure your mortgage could be repaid in the event of your death will ensure that your dependents can continue to live in your home 'mortgage free'.
Many people also choose to include critical illness cover. This ensures a lump sum is available if you were to suffer one of a specified list of serious medical issues.
Most mortgage borrowers take out either:
- Level term assurance - this pays a fixed sum if you were to die during the specified term. It is ideal for an 'interest only' mortgage or if you wanted to provide a specific amount of cover.
- Decreasing term assurance - the sum assured under this type of policy reduces over the term. It is designed to cover the outstanding balance on a repayment (capital and interest) mortgage.
You have a choice of joint or single life policies and you can either take combined life/critical illness protection or separate policies.
We'll find out exactly what you need and give you tailored, independent advice. We can also help you with buildings and contents insurance and income protection.
When you trust Tudor Mortgage & Finance for your insurance you'll get:
Quality cover at a great price:
- We are independent and so we can scour the market to find high quality home, life and health insurance at competitive prices.
Specialist knowledge:
- All our team are qualified and experienced and that means you'll always speak to an expert who knows what they are talking about.
Bespoke advice:
- Everyone has different insurance needs. We'll find out what you need, take into account any cover you have already and give you honest and tailored advice on the right cover for you.
Great service:
- We'll look after your insurance application from start to finish. We'll then keep in touch with you to ensure that your cover remains appropriate for your needs and competitively priced.
Experience and expertise:
- Our team have over 30 years' experience in the industry. We thrive on complex cases and we will explore all options to find the very best solution for your needs.
To find out more and to speak to an insurance expert, call Tudor Mortgage & Finance on:
0333 772 0011 Or email This email address is being protected from spambots. You need JavaScript enabled to view it.
