Life and Protection Insurance policies can protect you and your family from the financial consequences of death, a serious accident or illness, or unemployment.
We offer advice to suit yours and your family’s needs and offer to review this regularly to ensure as your family evolves, your protection cover evolves alongside. Contact us today to discuss the following:
Life Insurance can provide financial security for your loved ones should you die. It can help them deal with every day money worries such as mortgage payments and bills. There are different types of cover available which can pay out a single lump sum or provide a regular income. Our specialist advisers will review the options with you to find the right insurance to suit your needs.
Critical Illness Cover
Critical Illness can provide you and your loved ones financial security if you are diagnosed with certain conditions such as heart attack, stroke or cancer. Having this cover provides peace of mind so that you can focus on getting better without having to worry about potential financial strain. We can also explore and discuss with you the option of adding on Children’s Critical Illness.
Income Protection Insurance
Income Protection pays out a regular income if you are unable to work due to illness or injury. This can protect you against a loss of income and keep up with your mortgage and bills, allowing you to focus on your recovery. Our advisers will explain the different options available so that you can be informed on your choices.
Buildings & Contents Cover
Buildings insurance covers the cost of repairing or rebuilding your property. Contents cover protects your removable belongings if they are damaged, destroyed or stolen. There are numerous optional add-ons such as legal protection and home emergency. Contact us today to let our specialist advisers discuss the options available.
We can also help landlords explore cover to protect their let properties including rental protection in case of voids.
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
Insurance & Protection Tunbridge Wells
At Lakewood Mortgages, we understand the importance of protecting yourself and your family from financial loss. That’s why our Life & Protection Insurance policies can offer life-long protection through death or serious accident; providing a one time benefit to cover you should illness strike as well! We offer cover to people in Tunbridge Wells & the surrounding areas.