Protection & Insurance:
There are many different forms of financial protection, whether your looking to protect your mortgage payments during unforeseen circumstances, or you know how important it would be to receive a cash sum should you need any time off work due to illness.
Here at Risignhurst mortgages we've got you covered. We will insure that we recommend the most appropriate and suitable protection cover for your specific needs.
Life insurance will provide a sum of money in the event of death during the term of your policy. The cash lump sum is paid tax free and can be used by your dependents. It can be used to pay off the financial commitments you leave behind such as your mortgage or any other loans ensuring your family is protected from having to repay any outstanding debts.
Will pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy.
Critical Illness cover:
Many of us live with the theory that 'it won't happen to me' or most commonly 'I can sort that out later' but have you stopped to think what would happen to your finances, your mortgage payments and your family if you were diagnosed with a critical Illness? We don't want 'another insurance' to be paying but many of us underestimate just how important it is to have the RIGHT protection.
Critical Illness provides you with a tax-free cash lump sum should you be diagnosed with a critical illness (specified in providers terms) The cash sum can then be used by you however you deem best and can potentially pay off your outstanding mortgage meaning one less thing to worry about during such a difficult time in your life.
Buildings & Contents Insurance:
All lenders will require you to have building insurance in place before completion of either your purchase or remortgage. Here at Risinghurst mortgages we use a range of product providers to ensure that you have the best possible cover at the best possible price.