Are you protected?

Life insurance gives you the comfort of knowing that your loved ones will be provided for in the event of your death. You can link a life insurance plan to a mortgage, which will pay out a lump sum. 

Buildings and contents insurance covers the cost of repairing damage from unexpected events such as fire and flooding, and ensures that the lender’s assets are protected as well as your own. You will need buildings insurance as a minimum to be accepted for a mortgage, but we recommend you take out the contents part of the insurance too.

Income protection offers financial support if you’re unable to work due to illness or injury. It replaces part of your income and will continue to pay out regular, tax-free instalments until you’re able to return to work.

Family Income Benefit is designed to provide your family with a regular, tax-free monthly income if you pass away or are diagnosed with a terminal illness. You can choose to pay either monthly or annual premiums for a set period. If the worst happens during this time, your loved ones will receive a consistent income to help replace any lost earnings.

Critical illness cover is designed to look after you financially should you be unable to work due to diagnosis of a critical illness. Your specific illness needs to be covered under your policy in order to receive the tax-free lump sum that could be used to pay off your mortgage.

If you’re unable to continue with either the buying or selling of a property due to circumstances outside of your control, then mover protection could help you recoup any costs you’ve already incurred.