For most of us, buying a property and taking out a mortgage is the greatest financial commitment we make.
Life can be very unpredictable and unfair, and that’s why it’s so important to consider what would happen if your financial position changed dramatically.
- What would happen if you lost your job and could no longer afford your monthly mortgage payments?
- What would happen to your mortgage debt if you die?
- Could you cope financially if you were off work sick for a significant length of time?
- How can you make sure the burden of your debt is not passed on to your family?
Integrity Mortgages can explain the range of protection products available to help you decide what’s right for you and your family.
Life insurance gives you peace of mind that your family will be provided for if you die.
The cost of life insurance will depend on the amount of cover you want, your age, health and lifestyle factors, for example, whether you smoke.
Life insurance can ensure your mortgage is repaid if you die and provide a lump sum for your dependants or loved ones.
Our advisers can explain the options available and find the right policy for you.
You can choose whether to protect your full mortgage amount for the length of your mortgage or reduce the amount of cover in line with your reducing mortgage debt.
Level Term Insurance provides a set level of cover for the term you choose – usually the lifetime of your mortgage.
Decreasing Term Insurance usually provides cover for the lifetime of your mortgage but the level of cover decreases over the term of the policy as the amount you owe reduces.
Critical illness cover pays you a lump sum if you are diagnosed with a specified critical illness.
This can help you and your family to cope financially if you are unable to work whilst you are unwell or receiving treatment.
Any lump sum you receive could be used in the following ways: –
- Pay household bills and debts if your income stops
- Pay for private treatments not available on the NHS
- Fund any modifications you may need to make to your home
- Pay off all or part of your mortgage
Integrity Mortgages has access to a wide range of competitive insurance products from leading providers which offer protection for homeowners, landlords and tenants.
Building and Contents Insurance
For extra peace of mind, our advisers can also arrange suitable insurance to cover your home and possessions against fire, theft and flood damage.
Integrity Mortgages Limited is an appointed representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. You should be aware that the Financial Conduct Authority does not regulate some forms of Buy to Let mortgages.
A fee is payable for arranging the mortgage once your mortgage has agreed. This will be a fixed fee of £399.
The guidance and / or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 1998.
You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.
Fill out the form below and one of our expert advisers will get back to you as soon as possible.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.
Integrity Mortgages Limited is an appointed representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. You voluntarily choose to provide personal details to us via this website.
Integrity Mortgages is registered in England and Wales with company number 08651906. Registered office: - The Old Bank, 109 Rowlands Road, Worthing, BN11 3LA