If, as the result of illness or injured, your income stops, income protection can provide you with an alternative source of income.
It is designed to replace most of your net income and will be paid monthly. Effectively, you are insuring your salary if you are unable to work.
Cover lasts for either a set term in whole years, or to a given age (typically your state retirement age).
This type of cover will allow you to protect and maintain your lifestyle.
MORTGAGES ARE SUBJECT TO STATUS, VALUATION AND LENDER CRITERIA.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
AS WITH ALL INSURANCE POLICIES, CONDITIONS AND EXCLUSIION WILL APPLY.
There may be a fee for arranging a mortgage and this will be discussed prior to submission of an application. This will typically be £499 but could be up to £999, depending on your individual circumstances
Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA Number 1000972
Registered Office: My Dream Mortgage Limited, Rivers Lodge, West Common, Harpenden AL5 2JD
Copyright © 2024 My Dream Mortgage - All Rights Reserved.