Protecting your mortgage when life takes a turn
Mortgage protection insurance pays your mortgage for you if something bad happens and you can’t work; or you pass away. It makes sure your home is still paid for, even when you can’t pay it yourself
In short: it protects your home when life goes wrong, and so, is incredibly handy.
- If you get seriously ill and can’t work: it helps cover your mortgage.
- If you pass away: it pays off the mortgage so your family isn’t left with the bill.
- If you’re off work for a while: some policies cover your monthly payments until you’re back on your feet.
Keeping your mortgage safe when life changes
We can help you find the best kind of protection for your mortgage. We can also help you access more providers, so you can find cheaper policies or more comprehensive, tailored insurance. Your mortgage protection policy may not cover you for pre-existing conditions, especially if you have been unwell in the past year, and so you may need a medical assessment if you’ve had any health problems.
Helps reduce or clear your mortgage if you become seriously ill
Income Protection
Income protection insurance is a backup plan that pays you money each month if you can’t work because you’re sick or injured.
It basically replaces your salary until you’re well enough to go back to work.
- You can’t work because of illness or injury? It pays you a monthly amount so you can still cover your bills.
- Payments continue until you recover (or for however long the policy is set up).
- You choose how much it pays out — usually a percentage of your normal income.
- It’s like a financial safety net that stops you from falling behind on rent, mortgage, food, or other essentials.
Family Income Benefit:
Family Income Benefit pays your family a monthly income if you die, so they can afford everyday life without your wages.
Breakdown in plain English:
- If you die during the policy: your family gets a monthly payment, not a big lump sum.
- It works like replacing your salary: money comes in regularly to cover things like food, bills, rent/mortgage, school costs, etc.
- Payments continue for the rest of the policy term (for example, until your kids are grown up).
- It’s designed to keep your family financially stable at a time when everything else would feel upside down.
Regular payments if illness or injury stops you working
A steady income for your loved ones if you are no longer here
Critical Illness Cover:
Critical illness cover gives you a lump sum of money if you’re diagnosed with a serious illness, so you can focus on getting better instead of worrying about bills.
Breakdown in easy terms:
- If you get a major illness (like cancer, heart attack, stroke – the exact list depends on the policy), it pays out one big tax-free amount.
- You can use the money for anything: paying your mortgage, covering bills, replacing lost income, adapting your home, or just giving yourself breathing room.
- You get the payout even if you recover — it’s not life insurance.
- It’s there to support you financially when life hits hardest.
How Can Our Team Help You to Reach Your Goals
Learning About You
Schedule a 30-minute call with our professional to discuss your goals and how we can help. This phone or Zoom call also outlines who we are and our process.
Organized Meeting
Meet with our team to gather the necessary data for your Financial Plan. We’ll discuss your finances, lifestyle, and goals, including investments, assets, expenses, and income.
Plan Meeting
Our advisor will present your personalized financial plan, ensuring it aligns with your evolving needs and goals, and provide clear steps to help you reach your financial objectives.
Implementation
Your advisor will send a copy of your plan with an actionable list of recommendations. We’ll implement and manage these, keeping you updated.
Annual Percentage Yield (APY)
Get the most out of your home equity
Access up to 90% of your property’s value
You can get up to a $500,000 line of credit while accessing up to 90% of your home equity. 3 Don’t worry, you don’t have to use all it once. & you’ll only pay interest on what you withdraw.