Personal Protection – Mortgage Solutions NI

What is Personal Protection?

If you have a mortgage, people who depend on your income, or you want to protect your lifestyle in the event of an accident or illness protection insurance could help you and your family avoid a financial disaster.

Life and protection insurance is the best way to secure your financial future against the risk of an unexpected loss of income. Having this cover in place can also help you to deal with any financial difficulties that may arise, such as not being able to keep up with your mortgage repayments.

We can find you cover for:

Home Insurance

Having the right cover gives you the comfort of knowing your home can be repaired or rebuilt should something sudden or unexpected happen. You can choose to cover your buildings and/or contents, or tailor your insurance to meet your specific needs.

Life Insurance

Life insurance (sometimes known as life assurance) will pay out either a single lump sum (sum insured) or a regular income when you die. It can help provide financial security for people who depend on you, if the worst happens.

Critical Illness

Serious illness and critical illness insurance plans pay out a tax-free lump sum on the diagnosis of a range of serious (but not fatal) conditions. These conditions include things like heart attack, stroke, cancer, major organ transplants and many others. The conditions covered will vary depending on the insurer.

Private Medical

Your health is your most important asset. In the UK, private medical insurance allows you to protect your health and well-being as best you possibly can. A private medical policy gives you access to private healthcare and to all the break-through treatments and medicines that come with it. This is available via a referral service.

Income Protection

Income protection insurance pays out a regular tax-free income if you become unable to work because of illness, injury. It could help you keep up with your mortgage repayments or rent, and other day-to-day living costs until you are able to return to work.