Protecting what is important to you
At Upton Financial Advice not only do we want to get you a good deal on your mortgage, but we want to ensure that no matter what you can stay in your home.
We have a number of policies that can protect you against situations that are beyond your control, such as :-
- Theft, Fire, accidental damage – (Home Insurance) – it is a mandatory condition of your mortgage that you have Buildings Insurance in place by exchange of contract, you may wish to consider protecting your contents to as if your Home were to be devastated by Flood or Fire, replacing everything you own would probably cost a lot more than you would expect.
- Accident or Sickness –(Income Protection) – If you were unwell or injured and unable to work how long would your employer pay you for before you would receive Statutory Sick pay of £94.25 per week? We can offer competitively priced policies that can replace your monthly income should it stop from 1 years until you are looking to retire.
- Serious illness – (Critical illness cover) – If you were unfortunate enough to suffer from cancer, heart attack, stroke, Alzheimer’s or became disabled, how long would your employer pay you for? Could you afford any adaption that you would need to make on your home? This policy looks to offer a lump sum payment if you were ever to become seriously ill.
- Death – (Life Insurance)- If you were to die what would you like to happen to your home? Would you like your family to inherit this? Life insurance ensures that if this did happen your family could inherit your home without the financial strain of a mortgage.
If you are unsure of what cover you do need you can use Percy the Protection Calculator which has been designed to provide those living in the UK with a helpful estimate of their potential financial benefits if they are unable to work due to illness or injury.
If you are purchasing a property, it is important to note that your Home Insurance must be in place by Exchange of Contracts. As with all insurance policies, conditions and exclusions will apply.
