Protect Your Home with Mortgage Protection Insurance
Why Mortgage Protection Insurance is Important
Owning a home is one of the most significant financial commitments anyone can undertake. But with that commitment comes the need to ensure that your home, and your family's future, are adequately protected. Mortgage protection insurance offers the ultimate safeguard for your home and financial security, stepping in to cover mortgage payments in times of illness, job loss, or death.
What is Mortgage Protection Insurance?
Mortgage protection insurance is a specialised type of insurance designed to cover your mortgage payments if you become unable to do so due to various life events such as critical illness, loss of income, or death. This ensures that your family can remain in their home without the added stress of financial instability. These are covered by different policies from Legal & General which, combined or individually, make up mortgage protection insurance.
Benefits of Mortgage Protection
Financial Security
In the event of unforeseen circumstances, mortgage protection insurance ensures that your mortgage payments are covered or financial hardship.
Peace of Mind
Knowing that your family can remain in their home regardless of what life throws at you provides invaluable peace of mind.
Flexibility
Mortgage protection insurance can be tailored to fit your specific needs, covering you against illness, job loss, or other eventualities.
Customisation
Policies are tailored to meet individual needs and circumstances.
Types of Mortgage Protection Insurance
Life insurance for mortgage protection pays off the outstanding balance of your mortgage if you die during the policy term. This type of insurance ensures that your family can stay in their home without the burden of mortgage payments.
Benefits
- Full mortgage repayment in the event of death, either in full or monthly repayments depending on your circumstances.
- Provides financial security for your family.
- Customisable term lengths and coverage amounts.
Income protection insurance provides a portion of your income if you are unable to work due to illness or injury. This ensures you can continue making your mortgage payments during your period of recovery.
Benefits
- Provides you with a regular monthly benefit
- Ongoing financial support during prolonged illnesses or injuries.
Critical illness cover pays out a lump sum if you are diagnosed with a specified critical illness. This lump sum can be used to pay off your mortgage or to cover other financial needs during treatment and recovery.
Benefits
- Lump-sum payment upon diagnosis.
- Covers a wide range of serious illnesses.
- Can be combined with other types of insurance for comprehensive coverage.
Why choose Embrace Financial Services
Expert Advice
Comprehensive Options
Personalised Service
Transparent Process
Additional Benefits included as standard
Wellbeing Support - whatever your situation, Wellbeing Support provided by RedArc Assured Ltd is just a phone call away, with personalised emotional and practical support from a dedicated registered nurse. Access included as standard on our protection policies.
Care Concierge - Care Concierge is a free confidential 1:1 telephone service that can help you and your loved ones understand and find later life care. You can gain information on types of care, finding care and paying for care.
A little thank you
When you take out a Protection policy through Embrace Financial Services, they’ll send you a £50 e-gift. From a choice of Amazon.co.uk, Argos or John Lewis. Find out more here.
Different types of protection products
Life Insurance
Critical Illness Cover
Income Protection
Rated 4.8
out of 5
I was recommended to Embrace Financial Services by JNP Estate Agents. Thank god they put me in contact with Hardip. Hardip is amazing, his service,
I was recommended to Embrace Financial Services by JNP Estate Agents. Thank god they put me in contact with Hardip.
Hardip is amazing, his service, communication and knowledge is 10/10 and 5*. He went above and beyond to help me with my mortgage especially when i needed last minute documents for example late evenings or weekends.
I can’t thank Hardip enough for all his help and support nothing was ever to much for him. If you are looking for a mortgage broker ask for Hardip you will not be disappointed at all.
I’m so happy, I now have my new home. 😁
Simon was my advisor and I most say working with him was the best choice I made towards my mortgage as a migrant he assured me that the journey would be smooth and yes he
Simon was my advisor and I most say working with him was the best choice I made towards my mortgage as a migrant he assured me that the journey would be smooth and yes he delivered, I would testify and recommend him to anyone who needs a good mortgage advisor, especially if you are a migrant
Saif has been a great adviser and brilliant guidance during my mortgage process. As I am a first time buyer he was patient and was happy to go through the details
Saif has been a great adviser and brilliant guidance during my mortgage process. As I am a first time buyer he was patient and was happy to go through the details of the process and answer any questions.
Saif was also able to save me some money from his expertise during the valuation process by liaising with other parties involved. I would happily recommend Saif to friends and family, thank you Saif!
Saif Hossein took on our mortgage application with a real passion and extremely encouraging attitude. We’d been consulting with a few brokers at the
Saif Hossein took on our mortgage application with a real passion and extremely encouraging attitude. We’d been consulting with a few brokers at the time but none of them had really understood the unique position that we were in and the particular approach we needed.
From start to end, he’s been a great comfort and source of strength, giving us the confidence and assurance we needed to move forward with our application. He took the time to piece-by-piece go through the application, explaining each step in great detail and calmly answering any questions we had, big or small. It made us feel incredibly supported and very informed about the whole process.
His level of communication was amazing and we felt very connected to each step of the process as we weren’t worried about what was going on at all. His professionalism and level of customer service were star-quality and we were left very satisfied, comfortable with the path ahead!
We will be sure to refer Saif to all our friends and family who are buying houses!
Was recommended by Robinson Jackson. Eva was excellent when I corresponded with her frequently via email and the occasional zoom call, she was polite,
Was recommended by Robinson Jackson.
Eva was excellent when I corresponded with her frequently via email and the occasional zoom call, she was polite, reassuring, knowledgeable and adept at explaining complex issues for me.
Was excellent at responding to emails of many questions and as a first time buyer I needed someone who was patient and was happy to explain something that may be complete common sense to one person but a mystery to another (myself).
Arranged the best possible mortgage rate at the time, but when the recent interest rate decreased, she promptly got in touch, and in within a few days was able to produce a new mortgage agreement.
Paid approximately 540 pounds to have the mortgage agreement arranged.