Protection Insurance Advice in Sunderland

Protection insurance is there to help give you and your family financial security if life doesn’t go to plan. At Fairway Mortgage Advice, we can help you find the right protection for your circumstances, whether that’s life insurance, critical illness cover, income protection or a combination of different policies. We’ll talk you through the options in plain English, explain what each type of cover is designed to do, and help you choose protection that fits both your needs and your budget.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Frequently Asked Questions

  • Income protection is designed to provide a regular income if you’re unable to work due to illness or injury. The amount you can receive and how long payments can continue will depend on the policy you choose and your individual circumstances.

  • While life insurance isn’t usually a requirement for getting a mortgage, it can help protect your loved ones from the financial impact of your mortgage if you were to die. The right level of cover will depend on your circumstances and what you want to protect.

  • There are several types of protection insurance available, including life insurance, critical illness cover and income protection. The right type and level of cover will depend on your circumstances, finances and what you want to protect.

  • Critical illness cover can provide a lump-sum payment if you’re diagnosed with a specified serious illness covered by your policy. The illnesses and conditions covered will vary between providers and policies, so it’s important to check the specific terms and definitions of the cover.

  • The amount of protection cover you need will depend on your income, mortgage, debts, family circumstances and what you want the policy to protect. A protection adviser can help you work out the right level and type of cover for your individual circumstances.

  • Yes, you may still be able to get protection insurance if you have an existing health condition. Your options and the cost of cover will depend on your health, the type of condition and the policy you’re applying for, as insurers assess each application individually.