Safeguard your investment
Protection
Your mortgage is likely your largest financial commitment. Protection insurance ensures you and your family can keep your home if the unexpected happens.
Tailored advice for your situation
Why mortgage protection matters
Your mortgage is probably the largest financial commitment you'll ever make. If you were unable to work due to illness or injury, or if you were to pass away, could your family keep up the payments? Protection insurance is designed to make sure the answer is yes.
The right cover depends on your circumstances — whether you have dependants, your employment situation, and what savings you can fall back on. We'll recommend the right combination of policies without selling you cover you don't need.
Types of protection cover
Different policies protect against different risks. Life cover pays out a lump sum on death; income protection pays a monthly amount if you can't work due to illness or injury; and critical illness cover pays a lump sum if you're diagnosed with a specified serious condition.
Buildings insurance is almost always a lender requirement when you have a mortgage — it covers the structure of your home against damage. Contents insurance covers your belongings. We can arrange both alongside your protection policies.
- Life insurance — lump sum to clear the mortgage on death
- Income protection — monthly payments if you can't work
- Critical illness cover — lump sum on diagnosis of a serious condition
- Buildings & contents insurance — lender requirement for homeowners
Getting the right cover at the right price
Protection premiums are based on your age, health, smoking status, and the amount of cover. Writing your life cover in trust can also protect the payout from inheritance tax. We'll set it up correctly so the money reaches your beneficiaries quickly.
Many employers offer some death-in-service or sick pay, but it's rarely enough to cover a mortgage long-term. We'll review any existing cover you have through work and recommend a policy that fills the gaps, rather than duplicating it.
Common Questions
Based in Colchester. Helping clients across the UK.
Mortgage321 provides advice by phone, video and WhatsApp, so you don’t need to visit an office.
Want Matthew to look at your circumstances?
You don't need to work out which lender or mortgage route you need. Tell Matthew what you're trying to achieve and he'll identify what needs investigating.