Mortgage Protection
Financial security is not just about earning enough to live comfortably, its also about knowing you can protect everything you've worked hard for, if disaster strikes.
- Could you cope if you lost your job and could no longer afford to pay your mortgage?
- What would happen to your family if you died or became seriously ill and unable to return to work?
It is impossible to make life 100% risk free, but insurance can provide security and peace of mind.
Chase Mortgages can review your existing arrangements, and make recommendations where appropriate, without obligation.
With over 100 companies selling protection policies all with different products, costs, cover, and 'small print', finding the right company and policy requires expert knowledge together with an understanding of your individual circumstances. Coupled with this, our online sourcing system offers quick and competitive quotes.
For Accident sickness & Unemployment insurance we offer products from a single provider/selected panel of providers.
Life Assurance
Life Assurance is the cheapest, most basic and most popular form of protection. It pays out a lump sum (normally tax free) if you die before the end of the selected term.
It may seem straightforward, but there are many different ways to set up appropriate cover - level cover, indexed, pension, decreasing - and perhaps you wish to guarantee your premiums for the life of the plan. Chase Mortgages can advise on all of these and ensure that you have appropriate cover to meet your needs and requirements.
As well as life assurance you can protect yourself against the financial consequences of ill health, or redundancy.
For Accident sickness & Unemployment insurance we offer products from a single provider/selected panel of providers.
Critical Illness cover
Thanks to improvements in healthcare you are now more likely to survive a serious medical condition than ever before. Critical illness cover typically pays out a lump sum if you are diagnosed with an illness such as some forms of cancer, stroke or heart attack, or are permanently disabled, before the end of the term.
Income Protection
Income protection insurance can provide an income, until retirement if necessary, of up to three quarters of your earnings (minus any state benefits due) if you can't work due to long term sickness or disability.
Mortgage Payment Protection or Accident Sickness and Unemployment cover
These types of policy will pay out a monthly income if you are made redundant, or are too ill to work.
The main difference between them is that mortgage protection is set up to cover the mortgage payments, whereas accident sickness and unemployment cover will pay a set amount of replacement income. Either way they both provide cover to ensure that your mortgage payments can be met. These types of cover pay out for a limited time, usually between 12 and 24 months.
Unemployment cover can be taken on its own if you wish.
For Accident sickness & Unemployment insurance we offer products from a selected panel of providers.