Protection
While we often can't prevent certain events in our lives from happening, we can mitigate their fallout by putting safeguards in place.
Now you likely wouldn't think twice about insuring your home, pet or even phone. Why should your and your family's financial security be any different?
Luckily, there are a number of protection products out there that are designed to cover many different eventualities.
Life Insurance
Nobody likes to think about dying and conversations on the topic are often difficult to have. But sometimes we have to think the unthinkable and ask ourselves how would our families cope if we were no longer around?
Life Insurance does exactly as its name suggests: it insures your life. Should you pass away, the beneficiaries named in your policy will receive financial help in the form of a lump sum payment. This can be used for anything and is designed to ease the added burden of financial strain at what will already be a very difficult time.
Critical Illness Cover
How would your family and other dependents cope financially if you were suddenly unable to work? If the answer is "I don't know", then Critical Illness Cover is perhaps something you should be thinking about.
Income Protection
How would you and your family cope financially if you were suddenly unable to work? If the answer is "I don't know", then Income Protection is perhaps something you should be thinking about.
Unfortunately, accidents and illnesses do happen. With Income Protection, you'll receive a monthly, tax-free payment (usually a proportion of your gross income) to help you continue to cover your financial commitments should you find yourself unable to work because of an illness, accident or disability.
Unemployment Cover
Sadly, nothing is certain and while we'd all like to think that we have fantastic job security, the reality is anything can happen in the future.
Similar to Income Protection, Unemployment Cover provides you with a monthly income during periods of unemployment. So in the event of you losing your job — providing it was through no fault of your own — you and your family would have a financial safety net to fall on and be able to meet your financial commitments.
Mortgage Payment Protection
Would you still be able to meet your monthly mortgage payments if you found yourself unable to work? Many people wouldn't and that's why they rely on the peace of mind afforded by Mortgage Payment Protection.
Designed to cover your mortgage commitments, Mortgage Payment Protection will pay out in the event you lose your job or are unable to work due to an accident or illness. This allows you to concentrate fully on getting better and returning to work.
Head Office: Windsor House, Station Court, Station Road, Great Shelford, Cambridge, CB22 5NE. JLS Mortgages Ltd is registered in England and Wales with company number 05898748.
There may be a fee for mortgage advice of up to 1% of the mortgage amount. The actual amount payable will depend on individual circumstances. A typical fee payable is £395. You will be advised at an early stage if a fee is payable and the amount. Commercial Mortgages and some types of Buy to Let mortgages are not regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Third party links – you will depart from the regulated site of JLS Mortgages who are not responsible for the accuracy or the content within the non-regulated site
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.
JLS Mortgages Ltd is an Appointed Representative of The Right Mortgage Limited which is authorised and regulated by the Financial Conduct Authority, FCA Register Number 649443.
