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Insurance & Protection...

A mortgage is the biggest financial commitment most of us will ever take on, and if for whatever reason you are unable to work, become critically ill or die, you or your family will still be expected to meet the mortgage payments.

Although if the worst were to happen the state will provide a very basic safety net - such as jobseekers allowance - benefits will not give you anywhere near enough money to pay for your mortgage and other living costs. So it makes sense to consider some form insurance to protect your mortgage.

There are a range of products on the market you can take out to give yourself peace of mind to help you meet your mortgage repayments. For example, if you were to become too ill to work and you couldn't pay your mortgage payments, your home may be repossessed!

Life insurance is designed to pay out a lump sum or regular income if you were to die during the term of the plan. This is very important if you have young children, as the remaining parent/carer may struggle financially without your income and this could have a big impact on your children's upbringing.

You can specify the amount of cover that you need in the event of death, ranging from a couple of thousand just to cover the cost of a funeral, up to over a million pounds (with some providers) to ensure your family never have any financial worries if you die.

You can chose a term for which you would want the life cover for, you may want cover until your children are grown up and working, you may want cover until retirement or you can also chose a whole of life plan which covers you until you die no matter how old you are.

We really can bespoke our advice to suit you and your family's needs.

Critical illness insurance is designed to pay a lump sum or regular income upon diagnosis of a specified critical illness. Some of us may be diagnosed with a critical illness at some point in life, and would not want to have to worry about how we were going to meet the bills, or to cover any additional costs incurred as a result of the illness. You can take out a critical illness policy which pays out if this was ever to happen to you. This being such a stressful time the last thing you want to worry about is money or getting back to work, so the cash lump sum will help ease the worry. Some people would also use the lump sum to pay for the best treatment available for that condition helping them recover.

Below is a list of the most common illnesses covered on a critical illness policy, however some companies we can use cover many more;

* HIV/AIDS from occupation or accident
* Aplastic anaemia
* Kidney failure
* Bacterial Meningitis
* Loss of independent existence
* Benign brain tumour
* Loss of limbs
* Blindness
* Loss of speech
* Cancer
* Major organ transplant
* Coma
* Motor Neurone disease
* Coronary artery by-pass surgery
* Multiple Sclerosis
* Creutzfeldt-Jakob disease
* Paralysis/Paraplegia
* Deafness
* Parkinson's disease
* Dementia
* Stroke
* Heart attack
* Third degree burns
* Heart valve replacement or repair
* Total permanent disability to age 65 - Own occupation or work tasks
* HIV or AIDS from assault

Exact conditions covered will vary from provider to provider and will be detailed in the policy document.

Get in touch for more information on this type of protection.

Income protection pays you a regular monthly benefit if you are unable to work due to;

* An accident like a broken bone or a bad back
* Sickness like colds and flues, viruses or your more serious illnesses like cancer and heart attacks.

You can chose the amount of monthly benefit you require (depending on provider) mainly a percentage of your gross earned income.

You can choose a benefit period which can be either long term (Pays out for up to 5 years or retirement) or short term (Pays out for 1 or 2 years).

You can also choose your deferred period to suit your needs (A deferred period is the period after a claim is made before you will start to receive benefit) you may have savings or you may get sick pay from your employer so we can tailor the deferred period to suit your needs, examples are day 1, 1 week, 4 weeks, 8 weeks, 3 months, 6 months or 12 months depending on the provider.

Whether you’re a first time buyer and you need cover for the first time or you've had cover for years and you would like to review what you have in place or you may feel you are paying too much for your current policy, we can access some of the top companies in the UK and it's possible we could beat your current policy on price, quality or even both! 

Potteries Mortgage Desk can search a panel of well known insurers for the most suitable policy to meet your requirements.

The policies we offer typically provide cover for the following:

* Fire, smoke, explosion, lightning, earthquake
* Malicious damage or vandalism
* Storm or flood
* Subsidence or heave
* Replacement Locks
* Escape of water or oil
* Theft
* Contents within the grounds of your home
* Trace and access
* Property Owners Liability
* Alternative accommodation

Optional extras at an added cost may include, for example; legal costs, home emergency and specified personal possessions with certain providers.

We can help landlords find a policy that meets their needs, whether you have 1 property or 101 properties we can build a package for your portfolio. Some of the main benefits included in landlords cover are:

* Buildings cover
* Property Owner's Liability Cover
* Alternative accommodation for your tenant
* Accidental or malicious damage
* Contents cover if the property is furnished or unfurnished
* Contents kept within a communal area
* Replacement items settled on a new for old basis if they cannot be economically repaired
* Cover for unauthorised use of metered electricity, gas or water

Optional extras at an added cost may include for example rent guarantee with certain providers.

Key Man Insurance & Relevant Life Plan

Key Person cover - the business can arrange a policy to help protect the business against the financial loss caused by the death, diagnosis of a terminal illness or critical illness (if chosen) of a key person.

Share or partnership protection - Business partners, directors or shareholders or members of a Limited Liability Partnership can each arrange a policy which pays out to the surviving business associates.

A relevant life plan is a way for an employer to provide life & critical illness cover for employees, along with potential tax benefits.

Premiums are paid by the employer & may be treated as a business expense.
It can provide a cost effective solution to provide cover for employees including directors or a limited company.

Wills, trusts & business loans are not regulated by the Financial Conduct Authority.

Wills, commercial insurance, business & personal loans, pensions & investments are referred to a 3rd party.

Potteries Mortgage Desk are not responsible for any advice received from the 3rd party.


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Donald Nicely T/A Potteries Mortgage Desk is an appointed representative of First Complete, which is authorised and regulated by the Financial Conduct Authority.

A broker fee of £342 will be charged on application.

Commercial, Conveyancing and in general Buy To Let mortgages are not regulated by the Financial Conduct Authority.