Protection
Life Cover
Death is a terrible event and unfortunately something that everyone will have to experience at some time or another and having life cover in place can help. If life cover were to be taken care of as a pre-cautionary measure, a lot of unnecessary pain and anguish can be avoided so that our family members can grieve appropriately.
Providing life cover for yourself and your partner comes at a very minimal cost, thus allowing you to ensure that your family members can grieve in peace. At Talk Mortgage Broker in Cardiff we do not want to see you in a difficult financial situation that could have been avoided, which is why we encourage you to take out a simple life cover policy. This will ensure that your partner does not have the additional burden of paying a mortgage without any help, which could force them to abandon their lifestyle in order to cater for these expenses.
The competitive and comprehensive products that we will offer you come from a selection of the UK’s top insurance providers, with names including Zurich, Friends Life, Vitality and Legal & General. Their policies aim to compensate with a guaranteed sum of money if the covered person should die or is diagnosed with a terminal illness and can claim during the term of the policy.
Critical Illness Cover
A critical illness can affect anyone and if you are prepared for such circumstances then you can focus on your recovery rather than worrying about what will happen to your financial situation. Critical illness cover is there to protect you from losing out in such circumstances, by providing financial security during these hard times. This money is there to either help with your mortgage, to fund a getaway in order to aid recovery or to help with bills. Whatever the purpose of the money, a critical illness payment can be of great help to you at these times, alleviating your worries.
And how will you know if you’re covered? Lenders of critical illness cover will outline the list of illnesses that are covered in their policy, so that you are fully informed from the outset of the agreement. A pay-out will then be subject to compliance with the original scheme. Special terms and conditions may apply if the applicant has a long-standing illness, however all such things will be thoroughly discussed during your consultation.
Income Protection
If for some reason your wages cease, what would you do? Life, bills and mortgage payments aren’t going to wait for you to catch up, they will continue to demand your attention.
Luckily for you, if you take out income protection you can avoid any unpleasant demands and get back on track with great ease. If you are unable to work due to an accident or illness then an income protection can potentially replace your income until you return to work or reach retirement. This means that the monthly mortgage payment, council tax and other essential bills can be maintained throughout your period of illness meaning that you can recover without the need for financial stress.
Buildings & Contents
A good buildings and contents insurance policy is crucial to protecting your home and belongings. Unfortunately, many people do not value the importance of this type of policy until it is too late, which is why we are making it known now because if you have no current claims to make then it is time to attain a great buildings and contents scheme.
The most commonly occurring problem that applicants tend to make is placing an incorrect value on their possessions which then leads to difficulties in making claims. At Talk Mortgage Broker in Cardiff we understand that for you, sifting through the 100’s of different policies can be a laborious and boring task. However, this is something that we do on a daily basis and so we can steer you clear of inadequate cover and push you in the direction of a great deal.