Mortgage and Family Protection

 

We all need to be protected. What would happen if a sudden illness, disability, job loss or death occurred? We can help provide you with the peace of mind that comes with knowing you are protected if something should happen. Our panel of protection providers offers products to cover all your needs.

Life Cover
This comes in two main forms: Level Term and Decreasing Term. Level Term will give you the same amount of cover throughout the life of the policy and pay out that amount if you make a claim. Decreasing Term will decrease over the term, usually to match your decreasing mortgage amount, and pay out the current amount when a claim is made.

Critical Illness Cover
This covers you and your family against the financial impact of a specified critical illness and loss of income through sickness. It pays out a lump sum should you be diagnosed with a serious illness. The type of illnesses covered varies depending on the provider and type of policy selected with typically up to 40 major illnesses listed. Critical illness cover is also available in Level Term and Decreasing term similar to life cover.

Family Income Benefit
Available on both Life and Critical Illness plans, Family Income Benefit will pay out a regular income from the time of claim until the end of the policy. For example, a claim made 2 years into a 25 year term policy would pay benefits for 23 years.

 

Contact us for more details.

Hypo Financial is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.

What else do we cover?

Protection

Purchasing your dream home is one of the biggest financial commitments you will make in your life which is exciting but can be fraught with stress and worry. Protection can help pay off the mortgage and keep up with the bills that don’t stop.

Help to buy

Help to Buy equity loans are only available in England, although similar schemes have been made available by the Scottish Government, the Welsh Government and the Northern Ireland Housing Executive.

General insurance

Provide yourself with peace of mind that your home will be fully covered if you suffer loss from fire, theft or burglary. There are many add-ons you can have such as accidental damage and personal possession cover.

Expert mortgage advisers

You can speak directly to our qualified mortgage adviser who has a wealth of experience. Our advisers are fully trained, specialised and work with a range of clients.

We will search the market to ensure that your individual needs are met and we are more than happy to arrange face-to-face meetings. Our advisers can also handle mortgage applications over the telephone.