Insurance Advice for Mortgage & Family Protection
What’s your biggest asset?
Our clients often say it is their home or other material possessions because they are the most expensive things that they own however we don’t agree.
YOU ARE YOUR BIGGEST ASSET.
…..and so with something so important shouldn’t you take some insurance advice?
This is true in every sense but from a financial perspective too. Just think about your earning capacity over a lifetime – how much is that worth? How would your family cope without your contribution to the household eg. Cooking, gardening, parenting etc. How would your business cope without your contribution to the management, organisation, sales, ideas etc.
Whilst insuring ourselves against an undesirable event such as sickness or death, may not be a pleasant thing to think about, the benefit of being able to set financial issues aside at emotionally difficult times cannot be overlooked. This is where mortgage & family protection comes in.
There are various ways in which individuals, businesses or families can use protection insurance to protect themselves, and because of the large range of products available, there is usually an appropriate policy for most circumstances, and most budgets.
Insurance advice helps you consider how much cover you need, the products available & their technicalities & benefits so you can make informed choices.
We pride ourselves in organising bespoke mortgage & family protection plans to suit exact health circumstances & budget. It is complicated but we do it properly to ensure the cover is best quality, has the added value features important to you and is legally correct to ensure prompt claims and possible tax efficiency. All to ensure your family are financially supported in those times of need and all at a cost that is expertly researched and verified in the market.
Insurance Advice for your Mortgage and your family
Life Cover – protection in the event of premature death with policies to repay the mortgage, pay a lump sum of a monthly benefit to protect the family.
Critical Illness Cover – provides you with a lump sum of money if you are diagnosed with certain illnesses or disabilities. The kinds of illnesses that are covered are usually long-term and very serious conditions such as a heart attack or stroke, loss of arms or legs, or diseases like cancer, multiple sclerosis or Parkinson’s disease.
Serious Illness Cover – this is similar to critical illness but pays on more illnesses and based on severity. It can also help you to improve your health through joining a wellness program.
Income Protection – this provides a replacement income should you be ill or incapacitated such that you can’t do your job. Usually it would be linked to your employer sick pay but it can last until you retire.
Whole of Life and Later Life Options – Life and/or serious illness protection providing cover against old age conditions like dementia, Alzheimers, frailty and life cover that pays when you die.
Expert Guidance to the right Insurance for you
Our Insurance Health Questionnaire is simple and easy to use, and designed to make the process of obtaining the right insurance coverage for your mortgage or family quick and hassle-free. It’s a vital part of our insurance advice process.
All you have to do is take 10 minutes to click through the questions and our experienced mortgage broker will take care of the rest. By assessing your information we can match you to the right mortgage & family protection products & providers to ensure both quality & value.
When completing your questionnaire it is important to ensure that any information provided is done so accurately, truthfully and to the best of your knowledge.
Failing to disclose, or witholding, information may result in the insurer reducing your claim, cancelling your policy or a claim being denied in full.
If you are in any doubt whether something is important and should be declared, then declare it and let the insurer decided whether this is pertinent to your subsequent application.
Private Medical Insurance (PMI)
It’s when you are at your most vulnerable, when you or your closest need to make a claim, that you realise just how wise investing in private health and medical insurance can be.
Private Medical Insurance (PMI) is complicated for those approaching it for the first time. In order to make sure the policy you choose is the right one to meet your needs it is worth speaking to an adviser who has specialist knowledge in medical policies and can guide you through the maze of different offerings on the market.
With NHS hospital queues still growing, private medical insurance is an appealing buy.
At the basic level private medical insurance kicks in when you need specialist treatment or you need to go into hospital. Some policies cover you if the NHS cannot provide treatment within a certain period of time.
At the luxury end of the market there are private medical insurance policies that cover a wide range of medical services such as dentistry, eye care and even spectacles, although the more a policy covers, the higher the premium will be.
Rosewood Little Associates are not authorised to provide advice on PMI and will refer you to our trusted specialist, Kevin Bates, who is Managing Director of Medic Healthcare Ltd. Medic Healthcare Ltd is an appointed representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.
Let us check you and your family are adequately protected with our trusted insurance advice
