01202 802 677Mortgage & Lifestyle Protection gives you long-term protection for your mortgage or rent payments so you can keep you monthly payments should the unexpected happen. It can also cover the cost of living if you can't work because of sickness or an accident you can also have the option of taking out unemployment cover.
- Benefit up to 65% of your client’s gross monthly income (before taxes or any other deductions)
- Up to 12 months benefit payment period
- Maximum benefit of £3,000 per month (refer if above £3,000)
- Choice of ASU/AS/U
- Can change cover options if circumstances change
- Choice of four deferred periods
Accident, Sickness and Unemployment Cover typically costs £4.71 a month for every £100 of monthly benefit. This is based on a 36-year-old customer choosing £850 of accident, sickness and unemployment monthly benefit with claims paid after a 30-day deferred period. The cost of this insurance depends on a number of factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.
There are other providers of Short-Term Income Protection and other products designed to protect you against loss of income. For impartial advice about this type of insurance, please visit the website www.moneyadviceservice.org.uk