Our Income Protection solution provides a regular income if you’re incapacitated due to accident or sickness. It Pays out if you’re too ill to work because of an accident of sickness, giving you monthly payments so you can continue to pay your bills when your income stops.
Income protection is available as comprehensive or budget cover. It now includes fracture cover, death benefit , global Cover, fracture Income Protection cover is designed to help you cope if you lose your income as a result of sickness or an accident.
There are other providers of Payment Protection Insurance and other products designed to protect you against the loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk.
What you need to know about life insurance How does life insurance work? – Life Insurance could pay out a cash sum if you die during the length of the policy. It could be used to help pay the mortgage or help protect the family’s lifestyle and everyday living expenses. You choose the amount of cover you need and how long you need it for and unless you make any changes, your cover amount will remain the same. Do I need life insurance? – Anyone may have a need for life insurance, for example, those with children, a partner or spouse who depend on your income, or a mortgage on the family home. Remember, the monthly cost of life insurance tends to be cheaper the earlier in life you take out a policy. It’s also important to choose a premium that you can afford now and in the future. Most of us insure our cars, homes and even our phones, which in life very important – but what about helping to protect our loved ones? Life insurance provides a peace of mind for you and your family and loved including your business associate, partners if you die, helping them cope financially during an otherwise difficult time. Most life insurance includes a terminal illness benefit. That means the policy will pay out if you’re diagnosed with a terminal illness within the policy term that meets provider’s policy definition and aren’t expected to live for more than 12 months. For More information contact Mor-Invest
Critical illness affects many people, at any age, and can turn families lives upside down. If you were to become seriously ill would your loved ones struggle to keep up with household bills and the mortgage?
Make sure that you and your family are financially protected against the impact a critical illness could have.
Critical Illness Cover can be used to provide protection in a number of ways. Like Life Insurance, it was primarily designed to help protect immediate family members and possibly other dependents from financial hardship by providing the means to pay off the mortgage on the family home and/or by providing income for the family to maintain their standard of living.
Paving the way for the next generation is part and parcel of our progress through life. As we get older, we wish for the success and prosperity of our children and grandchildren. Taking out a Whole of Life Cover plan could help ensure that your family is not burdened with funeral expenses or burden by inheritance tax on the assets you want to pass on to them.
Whole of life Cover, as you’d expect, is an insurance plan that lasts for a whole lifetime, and is not limited to a specific term. If you pass away this policy will provide a lump sum payment to your family. It can also provide tax-efficient inheritance planning cover for your family, so as not to impact their inheritance.
At Mor-Invest we will ensure that you get the right whole of life cover your family deserve.
Buying Life Insurance isn’t an everyday purchase. So it’s really important that you take the time to find a policy that you’re entirely comfortable with. Mortgage Life Insurance is designed to pay out a cash sum to help pay off your mortgage if you die during the length of the policy. Meaning your loved ones could continue to live in the family home without worrying about the mortgage.
Our landlords insurance protects you and your property. It’s flexible, so you can choose the cover that’s right for you. For further peace of mind, you can also add optional extras to extend the level of protection provided by the policy
Buildings insurance covers the main structure of your home. If your home were to subside, burn, or be damaged by extreme weather, your buildings insurance policy covers the costs of rebuilding or repair. It also covers among other things:
-Permanent fixtures in your home like built-in wardrobes, kitchen surfaces, taps, basins, baths and showers.
-Outbuildings, boundary walls, gates, pools, drives and paths
-Loss or damage to your contents in your home, outbuildings and garden if these are caused by something listed in the policy e.g. fire, theft, subsidence, flooding.
-Cost of alternative accommodation – we’ll pay for accommodation if your home can’t be lived in because of damage covered by your policy, up to £10,000.
-Replacement locks – if keys are lost or stolen.
-Food in freezers – if your freezer breaks down or you accidentally turn off the power we’ll replace spoiled food.
Additional optional policy features are available if you require extended cover for your contents. For more information on what’s available, please fill our enquiry form or ring us
Unemployment cover could be what you need next if you are to maintain your lifestyle if you involuntarily loss your jobs. This Cover is a short‑term income protection policy. It’s designed to pay you a tax free monthly benefit for up to 12 months, if you can’t work due to an accident, sickness and/or involuntary unemployment. Find out how we can secure the most appropriate deal for yourself either employed/self-employed in the UK. Due to covid we do not currently have a provider for this type of cover.
Finding the right plan for you and your family could be very challenging while the need to avoid a long wait and cue in an hospital could be time consuming and dangerous to you and your family our panel of provider will give you wide range of cover suitable for your family to provide you with adequate protection and financial peace of mind throughout your life time. Ability visit hospital of your choice worldwide when you feel necessary for yourself and providing you with timely and accurate diagnoses and recommending a treatment globally might be what you need for any member of your family. Why not visiting our page to help you decide what type of health insurance is suitable for you and your family.
This help you cover the payment of your mortgage up to two years on inability to work due to accident, sickness and redundancy. All benefit are tax free and this will cover your mortgage payment or repayment and all associated insurance premium and this can be increased to accommodate some essential living expenses. Benefit payable after deferred period, usually 28 days subject to underwriting
This Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against the loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk