Mortgage Protection

There are variations of insurance to choose from when it comes to protecting you and your family. At Keystone Mortgages, we can compare lots of providers to find you the best policy for your circumstances.

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• Life Insurance

• Mortgage Life Insurance

• Critical Illness Insurance

• Income Protection Insurance

• Family Income Benefit

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For more clarification, get in touch and speak with one of our experienced Mortgage and Protection Advisors today, Our team will always be at the other end of the phone or email when you need to talk.

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Life Insurance Cover

How would your loved ones manage financially if the worst should happen?

 

It's only natural to worry about what would happen to your partner or your family if you weren't around anymore. But with life insurance you can take steps to make things easier for them if the worst ever did happen.

With life insurance to provide important financial protection for your family and for you. You pay an annual or monthly premium - to help ensure your family get a cash lump sum to use how they please if you die during the length of the policy. The cash lump sum remains at the same level throughout the policy unless you choose to change it.

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Mortgage Life Insurance

How would your mortgage be paid if you died?

 

A mortgage is a big commitment. You don't want your loved ones to have to worry about how they're going to make the repayments if you're not around. Even if you're not earning a salary, your contribution to the household is still invaluable. How would your family cope and make ends meet without you?

With mortgage life insurance you'd know that the cover could help pay off the mortgage if you died during the length of the policy, so your loved ones might not have to think about selling up or downsizing.

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Income Protection Benefit

How would you cover your monthly living costs if you were unable to work?

 

If you're concerned about the financial effects of being out of work due to incapacity caused by an illness or injury, you could get cover to provide a monthly benefit while you recover. You've worked hard to get where you are. But just how secure is your lifestyle? If you can't work due to incapacity due to injury or an illness that results in a loss of earnings, would you be able to cover your monthly living costs?

Although many people think "It'll never happen to me", illnesses and accidents can happen to anybody. Statutory sick pay is only £99.35 a week for up to 28 weeks*, so unless that's enough for you to live on, you' d soon be drawing on your savings or struggling with the bills. The good news is, Income Protection Benefit can give you a safety net as it can pay out a tax-free monthly benefit until you're well enough to get back to work, until your chosen retirement age or the end of the plan, if you do not recover. It could help look after your regular financial commitments such as bills, mortgage and your standard of living.

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Critical Illness Cover

A critical illness could happen to any one of us. If it does happen, Critical Illness Cover could help to minimise the financial impact on you and your loved ones. For example, if you needed to give up work to recover, the money could be used to help fund your mortgage or rent, everyday bills or even simple things like the weekly food shop – giving you and/or your family some peace of mind when you need it most.

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As with all insurance policies, conditions and exclusions will apply. The cost of this insurance depends on several factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.

*Statutory sick pay amount correct as of September 2022