A monthly benefit if you are unable to work.
An Income Protection Policy is one of the most important insurances that you can consider. Without your income, your life style could change dramatically. What would you do if you could not work due to accident or ill health? If you had a reduced income, how would you pay your bills? Could you survive on State Benefit alone?
An Income Protection Policy is designed to protect your income if you are unable to work as a result of accident or ill health. It can provide you with a monthly benefit until your recover or until your selected retirement age if required.
The maximum cover you can have is typically around 60% of your gross income, however, as the benefit is paid tax free, you can replace a high percentage of your income in the event of long term incapacity.
Some of the most common conditions covered by income protection insurance are mental illnesses such as anxiety, stress or depression & back pain.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage.
Fiona Conway & Associates LTD Registered office: Queensgate House, 23 North Park Road, Harrogate, North Yorkshire, HG1 5PD Registered in England & Wales No: 11775867.
Fiona Conway & Associates Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 833707) for mortgages, protection insurance and general insurance products.
Some forms of Buy to Let mortgages are not regulated by the FCA.
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.
We will charge a fee of up to 1% of the loan amount for our service in relation to mortgage contracts, which is payable upon obtaining the legal mortgage offer. Our typical fee is £395. The precise amount we will charge is dependent on the amount of research and administration that is required. This will be disclosed to you during our initial appointment. This fee is payable on production of your Mortgage Offer and is non-refundable.
Mortgage and Insurance advice from Fiona Conway Mortgages in Harrogate and surrounding areas.