We understand that your loved ones mean the world to you. Protection cover is designed to offer you peace of mind, ensuring that your family's future is safeguarded, no matter what life throws your way. We understand that choosing the right protection policy can be a complex decision. That's why we're here to assist you in determining your specific needs while ensuring it fits comfortably within your budget.
It's also important to regularly review any existing policies, especially when there has been any changes in your circumstances, such as marriage or separation, fluctuations in your mortgage balance or financial responsibilities, the addition of children to your family, or other significant life events.
At Abbey House Mortgages, we understand that life can be unpredictable. That's why we're here to help you safeguard your loved ones' financial well-being with our comprehensive protection solutions.
Protection cover is not just a policy; it's a promise to provide security and peace of mind in uncertain times. With our expert guidance and personalised service, you can take the first step towards securing your family's future.
Life Cover (Non-Investment) and Income Protection
The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.
Critical Illness Plans
The policy may not cover all definitions of a critical illness. For definitions of illnesses covered please refer to the Key Features and Policy Documents.
Types of Protection Cover
Life Cover
Life Cover provides a tax-free lump sum to the beneficiary should you die during the term of the policy - these funds could help repay your mortgage or other outstanding liabilities, provide and income or maintain a standard of living for those left behind.
Critical Illness Cover
Critical Illness cover provides financial protection in the event you are diagnosed with a critical illness or medical condition. The policy pays out a lump sum benefit to you, which can be used to cover medical expenses, replace lost income, or address other financial needs.
The specific critical illnesses covered can vary between insurance providers, but common conditions typically include heart attack, stroke, advanced cancers, organ transplants, multiple sclerosis, and other severe medical conditions. Some policies may cover a broader range of illnesses, while others may focus on a more limited set of critical conditions, it is therefore essential to choose one that aligns with your specific needs and circumstances.
Family Income Benefit
Family Income Benefit is a type of life insurance policy that provides financial support to your family in the event of your death or, in some cases, if you become critically ill and are unable to work.
Unlike traditional life insurance policies that pay out a lump sum upon your death, family income protection pays out a regular, tax-free income to your beneficiaries (typically your spouse or children) over a specified period. This income can help cover daily living expenses, mortgage or rent payments, education costs, and other ongoing financial obligations.
Income Protection
Income protection is a type of insurance policy designed to provide financial support if you are unable to work due to illness, injury, or disability. It helps replace a portion of your lost income during the period you are unable to work. Paid as a tax-free monthly payment, ensuring you can continue to meet your financial obligations and maintain your standard of living. There are many variable options to ensure the policy best meets your requirements.
Whole Life Insurance
Whole life insurance or permanent life insurance is a type of life insurance policy that provides coverage for the entire life. There is no set term or expiration date as long as you continue to pay the premiums. This benefit is typically paid out as a tax-free lump sum and can be used by the beneficiaries to cover funeral expenses, estate taxes, or as an inheritance.
Who Should Consider Cover?
Protection insurance isn't just for the elderly or those with families.
It's for anyone who wants to plan for the future and protect themselves and their loved ones from financial difficulty, should life throw something unexpected their way.
Whether you:
- Are the primary breadwinner in your family
- Have dependents who rely on your income
- Are a homeowner with a mortgage
- Want to leave a financial legacy for your heirs
- Have outstanding debts you don't want to burden your family with
Here's how we can assist you:
- 01 Tailored Protection
Our experienced brokers work closely with you to understand your unique needs and financial goals. We customise plans to fit your family's requirements, ensuring you have the right amount of protection.
- 02 Expert Advice
Protection can be complex, but our team simplifies it for you. We offer clear explanations and expert advice, empowering you to make informed decisions about your family's financial security.
- 03 Affordability
We work within your budget to find a solution that won't break the bank. Protecting your family doesn't have to be expensive, and we'll show you how.
- 04 Multiple Options
Choose from a range of products, including Term Life, Whole Life, Family Income cover, Critical Illness cover and Income Protection.
- 05 Fast and Easy Process
We streamline the application process, ensuring that you can secure your cover quickly and hassle-free.
Ready to Start? Get in Touch
Don't leave your family's financial security to chance. Contact us today for a no-obligation consultation. Our expert brokers are ready to guide you through the process, answer your questions and help you choose the perfect plan to protect your family's future.
Here's What Our Customers Have To Say About Us
Don't just take our word for it, our clients say it better than we ever could!
D Bates
Hucknall
I can highly recommend Cheryl when looking for mortgage advice. I was actually advised that my best option was stay with my current provider and helped me decide on the most suitable rate regardless of the fact it did not benefit her in any way! I will definitely use Cheryl again in the future. Thank you so much for your help!.
Angela Adams
Annesley
Fabulous service received by Cheryl. She took the time to explain all products that were available to me and the pros and cons of each. I was very well informed and have recommended her to my friends and colleagues. 5*!
Emma Eastwood
Bulwell
Cheryl was absolutely brilliant for us, would highly recommend, very professional, caring, and didn't give up until she got us the best deal with our mortgage. She also gave us the very best advice we could have wished for, she really, really helped us and can't thank her enough xx
Oliver Fletcher
Basford
Cheryl was great to deal with. Understood my needs and was quick coming back with suggestions. Will definitely use next time.
Get In Touch
Postal Address:
The Abbey House, 17 Palmer Ave, Hucknall, NG15 7AN