Personal Protection

Be prepared for when things don’t quite go your way

We can’t always predict what’s going to happen in life – and isn’t that part of the fun of it? However, it’s also good to be prepared for when things don’t quite go your way. Here’s how we can help at Cooke Mortgages.

Life insurance

Whether you’ve already got a family or you’re planning to start one, protecting their future is no doubt a big weight on your shoulders.

The good news is that, with life insurance, you can make sure that they’re financially looked after, no matter what.

From making sure your mortgage is paid off to keeping the bills covered, a life insurance policy will pay out a lump sum to your loved ones should you pass away, so they don’t have to worry about falling into financial hardship.

Get in touch now to find out how we can help you find the best policy to suit your family.

Income protection

Income protection insurance will ensure that you receive a regular payout should you be unable to work due to disability or sickness which will continue until you return to work or retire.

With income protection, you can make sure you’re financially supported, so you never worry about having to miss a mortgage payment again.

Your monthly payment won’t replace your salary/income prior to stopping working. It is more often around half to two thirds of your regular paid income (prior to tax).

Critical illness cover

A Critical illness policy will cover you should you suddenly find yourself critically ill – and sickness pay doesn’t always cover the bills or put food on the table.

If you happen to be out of work for months due to an emergency illness, the financial impact on the family can be devastating.

But that’s where critical illness cover can help; with this cover, you’ll get a large sum payment so you can go back to focusing on feeling better, without the added financial stress.

It’s worth noting that Critical Illness cover does not cover all conditions and the severity of the illness determines the level payout you may receive.

Payment protection insurance

Unlike other forms of cover, payment protection insurance is solely about making sure you can cover your mortgage (or even credit card bills) should you be unable to work for any reason.

While it won’t pay out a lump sum to spend how you wish, it will make sure those vital payments are made, so you’ll be safe in the know that you’ll always have a roof over your head.

To find out more about our personal protection services, get in touch now. We’re waiting for your call!

Accident, Sickness and Unemployment cover typically costs £4.71 a month for every £100 of monthly benefit. This is based on a 36 year old customer choosing £850 for accident, sickness and unemployment monthly benefit with claims paid after a 30 day deferred period. The cost of this insurance depends on a number of factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.” “ There are other providers of Short-Term Income Protection and other products designed to protect you against loss of income. For impartial advice about this type of insurance, please visit the website www.moneyadviceservice.org.uk

Got any questions? Get in touch today and we’ll be happy to help.

As with all insurance policies, conditions and exclusions will apply

The cost of this insurance depends on several factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.