Life Assurance (click here for a quotation)

• The lender may require you to take out life assurance 

• If you are a single person, without dependants, you probably don't need life assurance

• If you are married or in a long term relationship, we recommend you consider JOINT LIFE COVER. Think about what would happen if you were to die, would your partner be able to cope financially. If your partner were to die, would you be able to cope. If you have children there is an even greater need for financial assistance.

• Life insurance is relatively inexpensive and will clear your mortgage if you were to die during the mortgage term. Life cover can be combined with Critical Illness Cover.

Critical Illness Cover (click here for a quotation)

• Consider what would happen if you were unable (or unwilling) to work due to the occurrence of a critical illness.
• Critical Illness cover will clear your mortgage if you contract a critical illness, for example cancer, heart attack, heart disease, stroke etc. A lump sum payment is made on the diagnosis of the critical illness

Accident Sickness and Redundancy 

Buildings and Contents Insurance (click here for a quotation)

• Compulsory - unless your property is a leasehold flat when this insurance is the responsibility of the freeholder.
• We strongly recommend you take out contents insurance. You will have the option of accidental damage cover, this protects you against damage caused by a member of your family, for example, spilling paint on the carpet. Please contact us for a quotation.

Additional notes

Some lenders will make life assurance a requirement

Some lenders require that you take out insurance through themselves - These lenders are likely to use one insurance company. You are likely to pay more for your insurance if you accept cover from the lender

You are likely to get a better deal from a broker (such as ourselves) who deal with many insurance companies and can source the best deal