The pandemic has clearly highlighted the impact that unexpected events can have on our lives. Not just through loss of life but impacting people's incomes.
Although you might have sufficient funds for the short term, longer-term, you could struggle to meet household bills, income protection policies are designed to pay out if you're not able to work due to illness or injusy, and, in some cases, forced unemployment.
The maximum amount you can claim is usually your net monthly earnings after tax, minus any state benefits you may receive. Policies pay out following your chosen deferred period, typically between four and 52 weeks, and can continue until you return to work, or the policy expires at the end of a fixed period.
As well all insurance policies, conditions and exclusions will apply
Let us help!
We can also help your home purchase get underway by helping you to find the most suitable mortgage for your needs and circumstances and give you our expert advice on how to protect your property, income and family.
If you would like more information or help with your mortgage and protection concerns please call us on 01344 225 149 or 07979 690 056. Alternatively please send us an email at email@example.com
Your home may be repossessed if you do not keep up repayments on your mortgage
Simmonds Mortgage Services is an appointed representative of Stonebridge Mortgage Solutions Ltd and can source the most appropriate cover from its panel of insurers with a free review of you overall protection and insurance needs. As with all insurance policies, conditions and exclusions will apply.