Protecting your mortgage
You need to think about protecting your home and family. The mortgage isn’t usually the only payment we need to make each month. What about covering everday bills and expenses? Utility bills, food shopping, travel costs, childcare... the list is endless.
It is not a pleasant thought but.......
- How would one partner cope financially with the death or critical illness of the other?
- Could you maintain your current lifestyle?
- Could you continue to raise your family?
We at Mortgage Advice Shop are appointed representatives of Legal & General. Legal & General’s protection products can help provide financial peace of mind when it’s needed most. They’re designed to provide you with a cash sum or monthly benefit, depending on the product chosen. They are payable for example if you die or are diagnosed with a terminal or specified critical illness (if chosen) during the policy term and are eligible to claim.
Please note that none of Legal & General’s protection products have any cash in value at any time.
Depending on the products chosen, they could help you to:
- Maintain your standard of living
- Pay your monthly bills and meet your daily living expenses
- Pay off your debts
- Afford to stay in your family home rather than have to downsize.
How much will it cost me?
Premiums are based on
- Your age
- Gender
- Other factors such as health and whether you smoke
Usually the younger you are the less you’ll pay.
We at Mortgage Advice Shop offer protection products that help protect you and your family in a range of circumstances- products that will keep safe what is precious to you.
The professional financial advisers at Mortgage Advice Shop will help you identify your protection needs and we will make recommendations that are specific to your circumstances.
We will continue to review your requirements on a regular basis, taking into account any changes to your commitments or lifestyle.
Legal & General mortgage protection products (Life and Critical illness Cover) automatically include:
- Terminal illness cover (minimum term 2 years)
- Guaranteed insurability option
- Accidental Death Benefit
- Children’s Critical illness cover
- SmoothMove