Call 0844 875 55 33 quoting ref WS4
(Immediate quotes and advice during working hours)
Mortgage Payment InsuranceProtect your mortgage payments in the event of you becoming redundant or unable to work due to accident or sickness more info |
Rental Payment InsuranceProtect your rental payments in the event of you becoming redundant or unable to work due to accident or sickness more info |
Loan Payment InsuranceProtect your loan payments in the event of you becoming redundant or unable to work due to accident or sickness more info |
Income InsuranceProtect your income in the event of you becoming redundant or unable to work due to accident or sickness. more info |
Life AssuranceProtect yourself and your family in the event of death or critical illness. Level or decreasing cover available at very competitive premiums more info |
Long Term Accident & Sickness InsuranceProtect your income until retirement in the event of you becoming unable to work due to accident or sickness more info |
Redundancy Insurance can be a condition of some loans. Anyone with commitments such as a mortgage should take it out. A lot of people have stretched themselves to their financial limit with their mortgage. For these people it is vital to be covered for redundancy. Most good policies will cover any bills related to your mortgage - including interest and repayments.
Benefits for people in this situation from the state have been severely curtailed since 1995. They are limited and means tested, so if you have savings you would be expected to use them first. Also, expect to wait nine months before you see any payout at all. When you do get something it will be a pittance.
A good Redundancy Protection policy will start to pay out one month after you are made redundant. Typically policies pay out for 12 months. It is expected that within that period people will have found other employment or recovered from illness.
You can also get policies which cover other bills in the event of illness or unemployment - such as credit card and car loan payments
UKinsuranceNET mortgage Accident, Sickness & Redundancy Insurance policies can be tailored to suit your individual needs. Simply click for a quote. Alternatively speak to one of our highly experienced consultants today on 0844 875 55 33 or fill out our online quote request form and one of our advisors will contact you.