THE VALUE OF MORTGAGE PROTECTION

The purchase of a house is probably one of the biggest investments most people are ever likely to make but more importantly it is the place to call home that will provide shelter from the outside world.. Many will have to take out a mortgage to fund the purchase of their property and as they are a long term commitment we believe we owe a duty of care to our clients to ensure that they can maintain future mortgage payments no matter what life throws at them. In this we can help them keep the home they have worked so hard to secure.

Major events such as loss of a loved one, serious illness, accident, and unemployment can all affect the household income and the ability to pay the bills.

We have recently received a communication from clients that reinforces the importance of ensuring your mortgage is protected from what life can throw at you and they wanted to share their message

“We wanted to drop you a line to thank you for your invaluable advice when we transferred our mortgage. When discussing life insurance to protect our mortgage payments, you encouraged us to include critical illness cover. We agreed to follow your recommendation, albeit a little reluctantly due to the additional cost. 

We’re so glad we did, as the unthinkable recently happened when, at just 46, Kev was diagnosed with cancer.

We pursued a claim with Legal & General, who have quickly agreed to settle, which will allow us to clear our mortgage in full. Sadly our situation cannot be changed, but removing the financial burden of a mortgage which had approx 20 years remaining has been a huge weight off our minds as Kev starts palliative chemotherapy. 

Like most people, we never thought this would happen to us but unfortunately are living proof that it does. 

So thank you for the sound advice, for which we’re extremely grateful.”

R & Mrs R. 

To review of your protection needs call now on 0330 330 9960 or email info@advisoryfs.co.uk

As with all insurances conditions and exclusions will apply.