Professional insurance consultancy in Greater Manchester
Life insurance
Life insurance is a contract between you (the policyholder) and an insurance company, where the insurance company agrees to pay a designated sum of money (the death benefit) to the policyholder's beneficiaries upon the death of the insured person. In exchange for this protection, the policyholder pays regular premiums to the insurance company.
The type of life insurance that's best for you depends on your financial goals, budget, and unique circumstances. Here at All Things Mortgages we can help determine the most suitable life insurance policy!
Critical illness insurance
Critical illness insurance is a type of insurance policy that provides a lump-sum payment to you ( the policyholder) if you are diagnosed with a specified critical illness or medical condition covered by the policy. Critical illness insurance is designed to help individuals and their families cope with the financial impact of a serious illness by providing funds to cover medical expenses, living expenses, and other costs associated with the illness.
Critical illness insurance can provide valuable financial protection for you and your families facing the significant costs associated with a serious illness. However, it's important for you to carefully consider your own health and financial needs and we will help you to compare policies from multiple insurance providers to find the coverage that best meets your requirements.
Income protection
Income Protection insurance is a type of insurance policy designed to provide financial protection to individuals who are unable to work due to illness or injury. It replaces a portion of the insured person's income, typically up to a predetermined percentage, if they become disabled and are unable to work in their occupation.
Income Protection insurance policies typically have a waiting period, also known as a deferred period, which is the period of time that you must be unable to work before you become eligible to receive benefits. Waiting periods can range from a few days to several months, and the length of the waiting period chosen can affect the cost of the policy. we will help you determine the best options for you based on your employer’s benefit package as well as your own personal requirements.
Family income benefit
Family Income Benefit (FIB) is a type of life insurance policy that provides regular income payments to the beneficiaries of the policy in the event of the policyholder's death. Instead of a lump sum payment, which is typical in traditional life insurance policies, family income benefit pays out a regular income stream over a predetermined period, often until the end of the policy term.
Like other types of life insurance, family income benefit policies may have exclusions and limitations, so it's essential for you to carefully review the terms and conditions of the policy before purchasing coverage. By assessing your needs we will determine if family income benefit is the right option for your financial needs and goals.
Buildings and contents insurance
Buildings and contents insurance is a type of insurance policy that provides coverage for both the physical structure of a property (building) and your personal belongings (contents) within it.
It is often purchased by homeowners and landlords to protect their property and possessions against a range of risks, including damage, theft, and other unforeseen events. Let us provide an illustration for you from our panel of insurers!