Insurance
When buying a home, it is important to take into consideration further insurance needs. Selecting the right kind of insurance will help to protect yourself and your home in any kind of situation. Insurance can help both you and your family should the worst arise. It also means that you will not need to sell or let your home for rent at any given time.
At Chesworths, we help our clients source specialist insurance covering a wide range of protection from home insurance and critical illness cover to life insurance and income protection.
Home insurance helps to provide cover for your property, its contents, and your possessions against any kind of loss or damage. It usually falls into one of two categories: buildings and contents. We can arrange for these to be covered separately or together if you so wish. Should the unexpected happen, you can breathe easy knowing your property is protected both structurally and personally.
Simply put, critical illness cover can help to provide a lump sum or monthly payment if you were to be diagnosed with a critical condition during your policy term. This payment can allow you to repay your mortgage and helps to reduce any financial concerns or anxiety.
Life insurance is paid either as a lump sum or a monthly benefit depending on if you were to pass away during the time of your policy. This form of insurance is the most basic kind and is the easiest way to ensure your life. Life insurance can be taken as part of a mortgage protection scheme or as part of your family protection.
Income protection refers to plans designed to protect your income. This means that you will receive a tax-free monthly payment if you can no longer work for reasons such as unemployment due to no fault of your own or if you have suffered an injury that would result in a loss of earnings. These regular payments are designed around you meaning they are flexible and can provide you with financial support during difficult times. For more information on insurance policies, reach out to our specialist team today by calling us on 01403 255420.