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PROTECTION FOR

FAMILIES, INCOME & MORTGAGES

Life Cover

This comes in two main forms: Level Term and Decreasing Term. Level Term will give you the same amount of cover throughout the life of the policy and pay out that amount if you make a claim. Decreasing Term will decrease over the term, usually to match your decreasing mortgage amount, and pay out the current amount when a claim is made.

Critical Illness Cover

This covers you and your family against the financial impact of a specified critical illness and loss of income through sickness. It pays out a lump sum should you be diagnosed with a serious illness. The type of illnesses covered varies depending on the provider and type of policy selected with typically up to 40 major illnesses listed. Critical illness cover is also available in Level Term and Decreasing term similar to life cover.

Family Income Benefit

Available on both Life and Critical Illness plans, Family Income Benefit will pay out a regular income from the time of claim until the end of the policy. For example, a claim made 5 years into a 20 year term policy would pay benefits for 15 years.

Income Protection

 

How would you pay the bills if you were too ill to work? Income Protection will protect your income to help enable you to pay all your bills, not just your mortgage.

 

What is Income Protection?

 

Income Protection is an insurance policy that provides you with a regular tax-free income if you can't work because of illness or disability. The benefit paid is up to a maximum percentage of your earnings - usually upto 60% of gross pre-disability earnings.

 

Policies pay out after you have been off work for a period of time known as the 'deferred period', and will continue to pay out until you can get back to work or until the end of the policy term, whichever is soonest.

 

You can choose a deferred period depending on how long you may be able to survive on any savings or how long you receive sick pay from your employer. 

Contact us

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01904 208470    support@what-life.co.uk

                              

What Direct Ltd registered in England at Pavilion 2000, Amy Johnson Way, York YO30 4XT, number 07071175 is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products. The Financial Conduct Authority does not regulate some forms of Buy to Let.

What Life & Mortgages refer to specialist third parties for advice regarding Equity Release & Estate Planning. Neither What Life & Mortgages or PRIMIS Mortgage Network are responsible for the advice given.

The guidance contained within this website is subject to the UK regulatory regime and

is therefore primarily targeted at consumers based in the UK.

 

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