For most of us, the monthly mortgage payment is our biggest expense. But what happens if our financial situation changes, and we struggle to meet this cost? Mortgage protection insurance eliminates that worry by either taking over the payments when the unexpected happens or providing a lump sum if required. Even though a mortgage lender won't normally insist that you take out mortgage payment protection insurance, it's still something to consider. Protect your mortgage by ensuring that if you suffer a serious illness, die, or are unable to work through an accident, illness, or redundancy, you are covered.
Life cover gives your loved one's financial support if you are no longer there to provide for them. Strategy Mortgage Solutions helps you choose affordable protection to support your family's future in the event of death.
A critical illness policy can lessen the financial impact of a major health event such as cancer, heart attack or stroke. Our team at Strategy Mortgage Solutions will ensure you have the right policy for your circumstances.
Should illness or injury prevent you from working, income protection provides a replacement income to cover your essential outgoings. Strategy Mortgage Solutions prioritises your financial stability, so you can maintain your lifestyle through challenging times.
Family income benefit delivers an income stream to your loved ones if you pass away during the policy term. This type of family financial protection helps keep your family financially stable and able to manage household costs at a difficult time.
Financial protection is a range of insurance products that safeguard individuals, families, and businesses from the financial impact of unforeseen events such as illness, loss of income, or death.
It ensures you, your family, or your business are financially secure if unexpected life events occur, helping to cover costs and maintain standards of living.
Options include life cover, critical illness cover, income protection, family income benefit, private medical insurance, and business protection.
While not always mandatory, insurance like mortgage protection is strongly recommended to cover repayments if your circumstances change.
Mortgage protection insurance helps pay your mortgage if you die or are unable to work due to illness or an accident.
Life insurance pays out to your loved ones if you die, while mortgage protection specifically clears your outstanding mortgage.
This depends on your mortgage amount, living expenses, dependents, and future needs. Our advisers can help you decide.
Critical illness cover pays a lump sum if you are diagnosed with specific serious illnesses, such as cancer, heart attack, or stroke.
Yes, it can provide significant peace of mind, helping cover costs should you face a severe health condition that prevents you from working.
Income protection provides a regular income if you are unable to work due to illness or injury, supporting your monthly expenses.
If you cannot work because of illness or injury, this insurance pays a percentage of your salary until you can return to work or retire.
Family income benefit pays out a regular income to your family if you die during the policy term, ensuring financial stability.
Family income benefit provides regular payments instead of a lump sum, complementing life insurance for ongoing financial support.
Business protection includes policies like key person cover and shareholder protection, securing your business against the loss of key staff or partners.
Yes, there are specialised policies such as income protection designed for self-employed people to ensure ongoing financial security.
Costs vary depending on the type of cover, level of protection, age, health, and other risk factors. Get a quote from one of our advisers.
Yes, many providers offer combined protection plans to suit your needs. Our advisers can help design a personalised package.
An adviser helps you understand your options, compare policies, and select the right level of cover for your unique situation.
Consider your circumstances, financial commitments, and future needs. Speak with Strategy Mortgage Solutions for professional advice.
Review your cover after major life events such as moving home, changes in income, starting a family, or business growth.
Some policies are advisable to put into trust such as life cover polices as this ensures that the benefit gets paid to the right person, at the quickest possible time (without probate) and is usually outside of your estate to help avoid inheritance tax. Trusts are not regulated by the Financial Conduct Authority.
Ready to protect what matters most? Speak to our specialist advisers at Strategy Mortgage Solutions for personalised financial protection. We're here to make insurance alongside your mortgage simple and effective, whether you're looking for income protection, mortgage protection, or family protection.
Contact us today on 0808 296 0202 or email enquiries@strategyms.co.uk or visit our Contact Us page to arrange a convenient meeting. Your financial security starts with a conversation.
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The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK. Strategy Mortgage Solutions Ltd is an appointed representative of The Right Mortgage Limited, which are authorised and regulated by the Financial Conduct Authority.
Strategy Mortgage Solutions Ltd is regulated with the Financial Conduct Authority: 1058135.
Registered in England and Wales No: 17151180123456.
Registered address: 54 Sun Street, Waltham Abbey, EN9 1EJ
A fee may be charged for mortgage advice. The exact amount will depend on your circumstance.