Family is important; that’s why it’s best to get expert advice to help protect what matters, when it matters!

Thinking about the consequences should anything happen to the main breadwinner isn’t something any of us want to contemplate. However it is important when arranging your mortgage to take the time to protect you and your family should the unthinkable happen.

Put simply, protection products are policies that are arranged to provide you and your family with either a lump sum or a regular income should you become seriously ill, lose your job, or in the event of your death.

We have listed some of the most popular types of insurance below:

Life Insurance

Life insurance will provide a sum of money in the event of death during the term of the policy. This cash lump sum is paid tax free and can be used by your dependents however they choose. 

Life insurance can be used to cover a mortgage, other loans or simply to ensure that your family is financially protected in the event of death. 

What is it?
A life insurance plan can come in various forms, including decreasing, level or increasing. It covers you for a fixed period of time and pays out a lump sum if you die during the policy term. 

With some life insurance policies, you can add additional options, such as critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.   

As Independent Mortgage & Protection Advisors we can help you find the plan that best meets your requirements. 

    Critical Illness

    A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. This type of plan is designed for those individuals or families who want a lump sum if they are diagnosed with a critical illness. It is important to understand that this is payable upon diagnosis. The lump sum pay-out could be used for any purpose, including mortgage, private medical treatment or simply to make memories with your loved ones. 

    What is it? 

    The policy pays out upon specified critical illnesses, such as cancer, heart attack or stroke and many more. It is often ‘bolted on’ to a life insurance policy as an additional benefit or can be set up as a standalone plan. 

    As Independent Mortgage & Protection Advisors we can help you find the plan that best meets your requirements. 

      Income Protection

      An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans can continue to pay out an income as long as you are unable to return to work up, or until the end date of the policy (typically your normal retirement age). 


      What is it?

      Income Protection is designed for anyone who is working (employed or self-employed). It is worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months, therefore ongoing protection is essential to ensure you are still able to cover your monthly outgoings, whether you rent or own a property. Plans can be adapted to fit in with any existing protection you might have.  

      As Independent Mortgage & Protection Advisors we can help you find the plan that best meets your requirements. 


        Leave your loved ones more.

        There are many reasons to consider putting your life insurance into a trust, including protecting your beneficiaries from inheritance tax or helping to avoid probate.

        Did you know that the money you leave to your loved ones from a life insurance policy may be subject to inheritance tax as it is included as part of your estate?

        By placing your life insurance policy into a Trust today, you can help make sure that your beneficiaries avoid inheritance tax so they can receive the money you intended to leave them. To find out more please get in touch.

          Family Income Benefit

          Family Income Benefit can provide a regular income for your dependents. 

          Most families, couples or co-habitants rely on at least one monthly salary to cover regular household spending. How would your household replace this if one partner died? 

          For peace of mind, many people choose a type of family life insurance called family income benefit. 

          What is family income benefit? If you die during the term of the policy, it is designed to pay out a monthly tax-free income until the end of the term. 

          As Independent Mortgage & Protection Advisors we can help you find the plan that best meets your requirements. 

            Cheshire Office

            24A Charles Street
            Hoole, Chester
            Cheshire CH2 3AZ

            Wirral Office

            388 Chester Road
            Little Sutton, Chester
            Cheshire CH66 3RA