It is a legal requirement that you have buildings insurance in place. This will make sure that should anything happen to the structure of the property then the cost of rebuilding your house is taken care of. The aspects that are covered are things such as storm, fire and flood.
As well as the buildings cover, you also have the option of covering the contents of your home. At Mortgage To Home we will discuss your needs at great length and match these requirements to your budget making sure you have the correct insurance package in place.
It is essential you have any buildings insurance in place upon exchange of contracts.
Life insurance will pay a tax free sum to your next of kin should you pass away. This can either be a lump sum or you can also choose for them to receive a monthly amount for the remainder of the policy term. (This is known as family income benefit).
Generally clients choose to cover the mortgage amount to make sure their estate is left debt free. However, we will discuss your budget and needs and provide you with a bespoke package to suit your individual circumstances.
This type of cover provides you with a replacement income if you are unfit for work due to an accident or illness. It will provide you with peace of mind that your normal bills and lifetime are taken care of until you are fit enough to go back to work or until your policy ceases.
Literally anyone who is working and has bills to pay. There are companies who will pay sick pay but what happens when this finishes and you are still off?
This type of cover provides you with a replacement income if you are unfit for work due to an accident or illness. It will provide you with peace of mind that your normal bills and lifetime are taken care of until you are fit enough to go back to work or until your policy ceases.
Literally anyone who is working and has bills to pay. There are companies who will pay sick pay but what happens when this finishes and you are still off?
Maven Money Ltd is registered with the Data Protection Act 1998 registration No. ZB495682 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 987341 an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
