Income Protection is designed to help you maintain your standard of living by providing a monthly income should illness or injury** prevent you from working.
The loss of income through illness could put a serious strain on income as the only short term benefit may well be statutory sick pay which without further capital to fall back on may well be a short term solution that is unlikely to meet your bills for long!!
Various options are available under an Income Protection Insurance policy to help tailor the cover provided to suit your circumstances. You choose the level of benefit you would want to receive each month (restrictions will apply), how soon you’d like the payments to start in the event of a claim and the length of the policy term at outset.
** Some types of illness or injury are not covered
We also appreciate that it may be difficult to meet during the day we offer a flexible diary and can also see you at your own home if more convenient.
Mortgage & Protection for Life is a trading style of Paul Carter which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority.
There may be a fee for mortgage advice, the amount will depend on your circumstances, a typical fee would be £295.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Debt consolidation is not always the most suitable option, consolidating debts must be carefully considered.
It will usually mean more interest over a longer repayment term and there may also be early repayment penalties on your current mortgage-
you should think carefully before securing other debts against your home.
There are other ways to manage debt such as free debt advice charities,
you can find out more by contacting the money advice service:
these services may be more suitable for you.
The Financial Conduct Authority does not regulate most buy to let mortgages.
*Paul Carter acts as a credit broker not a lender