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Protecting Your Mortgage
| When you take out a mortgage it often proves to be the largest debt you will ever have in your life. Mortgages are usually paid off over a long period of time, for example twenty years or more. A lot can happen during the lifetime of a mortgage so it is important to protect yourself and your family against unforeseen events. Whatever your concerns, P.W. Bailey Mortgages can help you choose the right type and level of cover for you and your family. |
Life Assurance
| All of us hope to live to a ripe old age, but not all of us will manage this. Life Assurance is designed to pay out a tax-free lump sum in the event of your death to clear any outstanding mortgage debts and therefore remove the concern of repaying a mortgage loan from those who survive you. |
Critical Illness Cover
| Did you know? One in three people will be diagnosed with cancer during their lifetime and someone has a heart attack every two minutes?* Critical Illnesses are potentially life-threatening conditions which can leave the sufferers unable to work for prolonged periods of time, for example: heart attacks, cancer, Multiple Sclerosis, strokes. Critical Illness Cover pays out a tax-free lump sum in the event of you being diagnosed with a specified medical condition, relieving the burden of your mortgage and giving you peace of mind during difficult times. |
| ( *sources: British Heart Foundation & Cancer Research UK.) |
Accident, Sickness & Unemployment Insurance
| Accident, Sickness & Unemployment Insurance protects you if you are unable to work because of disability due to an accident or due to prolonged illness, or in the event of you unexpectedly being made unemployed. Monthly benefits are paid to cover your mortgage repayments. |
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