Taking care of your family, with cover for yourself

Your car is covered, your house and contents are covered, your travel is covered and chances are your mobile phone and other valuables are covered.  But are you covered with adequate insurance?  If not, it’s time you were!

Many people only take out sufficient life insurance to cover their mortgage payments – in fact, having such cover is often a condition of the mortgage being granted.  But where would your family be if you suddenly became ill and unable to work – or died?  Even if your mortgage is paid off, there are so many other outgoings to consider.  All your loans and other credit borrowing, for a start, as well as the general expenses of life.

It’s well worth taking a few minutes out to talk to Park View Mortgages Limited about how you can protect your family, by taking out cover for yourself.  These days, there is a wide range of options available and many can be tailored to your own specific circumstances and requirements, unlike the policies you can buy ‘off the shelf’.  Your broker can help you choose a level and range of cover that suits you best.

Options include:

• Protection-only Life Insurance, or ‘term insurance’ which pays out a set amount if you die within a specified period but otherwise pays out nothing
• Income Protection Insurance – sometimes called Accident, Sickness and unemployment cover
• Redundancy cover – ensures that you receive an income if you become unemployed, sick or unable to work
• Critical illness Cover – which pays a tax-free lump sum on the diagnosis of certain specified critical illnesses including cancer, heart attack, kidney failure, major organ transplant, multiple sclerosis and strokes – it also pays out if you become permanently disabled as a result of injury or illness.

Don’t put it off until tomorrow – get yourself covered today, and you can relax in the knowledge that your family is taken care of, if anything should happen to you.  Call us on 0161 773 1069.