Monday 15 September 2008

2.3 trillion protection gap

According to various sources, we are seriously under insured, with only 25% of males and 17% of females insuring their own lives!

Tailored Mortgages not only offer independent mortgage advice, but also offer advice and recommendations for various insurance products to help keep you in your home if the unexpected happens.

The loss of a partner, a serious illness, redundancy - how would you manage financially? Could you cope and maintain your current lifestyle and continue to raise your family?

Many people have life cover to protect their mortgage, but what about the other every day expenses? Utility bills, Council Tax, Food, Travel, Car Expenses, Childcare…the list could go on.

Life Insurance and other protection products are there to help provide financial peace of mind when it’s needed most. They are designed to provide you with a cash lump sum or a monthly benefit and depending on the products chosen can help you to:

Maintain your standard of living

Pay your monthly bills and meet your daily living costs

Pay off your debts

Afford to stay in your family home rather than having to downsize

Premiums are based on your age, gender, lifestyle and current health – it is usually considerably cheaper than most people think.

Even if you set up an insurance policy when you purchased your home, this would be worth looking at again. Personal circumstances change and insurance should be reviewed on a regular basis as part of your financial planning. Over the last few years policies have become more comprehensive and with more providers offering more products, prices have become more competitive – you might find you could save money.

Please don’t delay, contact us TODAY to discuss your individual requirements and see how little it could cost YOU for peace of mind.

Online instant quotes are available from our website – www.tailoredmortgages.co.uk