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Is your family protected? How to ensure your protection policies keep up with life changes

Changing jobs can be an exciting time, but it's important to remember that it can also impact your protection policies. Significant life events, such as moving home, having children, or changing jobs, can all impact the effectiveness of your current protection arrangements. Inadequate protection or policies that no longer work for you can leave your family vulnerable.

Protect your family when life changes with the right protection policies

To ensure that your protection policies remain appropriate, it's important to keep your details up-to-date and accurate. You should also consider what would happen if you couldn't pay your mortgage and how your protection policies would respond in such a scenario.

Many people fail to consider their protection policies despite life events. However, it's critical to make protection policies an integral part of your mortgage and remortgage plans. Some lenders may even require it. That's where we come in. We hold an essential role in educating and supporting clients on the significance of regularly evaluating their protection policies to ensure their continued suitability.

It's also important to inform us of any significant changes in circumstances, such as job changes. By taking a proactive approach to reviewing protection policies, you can ensure that you and your family are adequately protected in unforeseen circumstances.

Remember, changing jobs can impact your protection policies, and it's better to be overprotected than underprotected. Regularly reviewing your policies with us can ensure that your policies remain adequate to protect you and your family. Protect your family's future by ensuring that you have the right protection policies in place.

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The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

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A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

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THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


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