Insurance

Buildings & Contents

You can cover your Buildings and/or Contents depending on circumstances.  The policies are designed to protect you against the potentially huge financial burden of rebuilding or repairing your home and replacing its contents in the event of something going wrong. Buildings Insurance is normally a condition of a mortgage.

Life Cover

This can provide a lump sum or monthly income to your dependents if you died or are diagnosed with a terminal illness.  This can help your family to repay a mortgage and/or other debts, as well as help to provide those important to you with financial security.

Critical Illness Cover

This is there to pay out a lump sum if you are diagnosed with one of a specific critical illness.  This money could provide you and your family with money to help cope with the loss of income, enable you to pay off mortgage and/or other debts and give a lump sum which may be needed towards medical costs or to adapt your home or car.

 
The policy may not cover all definitions of a Critical Illness.  For definitions please refer to the Key Features & Policy Documents.

Family Income Benefit

This is a life insurance policy that pays an income to dependants on the death of the insured.  The income is payable for the remainder of the policy term and can be set up to increase with inflation. These policies, for example, can be suitable for people with young families who wish to protect against the loss of income provided by either or both parents to ensure their families lifestyles can be maintained.

Income Protection

This type of cover is designed to give you a monthly income if you are unable to work because of an accident or long-term illness.  Having a replacement income may be essential to ensure you can meet your monthly outgoings and maintain the lifestyle for you and your loved ones.

Accident & Sickness

A flexible insurance which is designed to provide a monthly benefit for a specified period of time (typically 12 months) to help you pay your mortgage repayments, rent and monthly bills in the short term, at a time when your income may stop.

Unemployment

This can be added as a benefit to Accident & Sickness cover or set up as a stand-alone product. The benefit is set up to pay you a monthly income if you are made Involuntary Redundant and is normally paid out for up to a period of 12 months. This can help ease financial pressures and ensure you can still meet your essential monthly outgoings until you are back in work.

Landlords Insurance

As a landlord you will need a particular type of insurance for properties you rent out to tenants. This cover usually includes the same type of protection as your usual house insurance, such as cover for buildings and contents in the event of a range of circumstances. However, you may need certain extra cover as a landlord, including for non-payment of rent, damage to your property (by the tenant), loss of earnings/rehousing costs if the tenants have to move out (following an insured event) and liability for accidents.