Protect you and yours and maintain peace of mind with the knowledge that your loved ones will be taken care of financially, after you have gone. There are many products on the market, offering life assurance, mortgage protection insurance, critical illness insurance, income protection insurance in different forms. Let Parsonage save you time by identifying what would be suitable for YOU.
Life assurance, sometimes called mortgage protection life assurance, is often used to ensure that your mortgage will be paid off if you die before you pay it off yourself. Make sure your life assurance covers the whole mortgage, for the whole mortgage term to avoid nasty surprises.
Life assurance can also be used to replace the income stream lost with the death of a loved one. This type of life assurance is usually called family income benefit. At Parsonage, we view this as an important first step in protecting your family.
At Parsonage, we believe passionately that this is an essential part of the service we provide. Life assurance is an unpleasant topic , but dying without enough life assurance is much more difficult to deal with.
With critical illness cover, the insurer contracts to make a lump sum cash payment to you if you are diagnosed with one of the critical illnesses listed in the insurance policy. With our expert advice, you will choose the right cover – not all contracts are the same.
Income protection insurance maintains your income stream if you become too ill to work. We will help you calculate how much income protection cover you need and advise you how to structure the cover so it isn’t too expensive.
If you work for yourself, Medical Insurance is vital – you need to get back on your feet as fast as possible to earn again. Medical insurance is also useful for anybody else to protect yourself from high or unexpected medical expenses, particularly in circumstances of disability or long-term nursing home care.
Parsonage will discuss all relevant insurance products with you, to protect your income and capital for both you and your family over the forthcoming years.
- investigating insurance solutions
- choosing amount of insurance
- discussing additional options including critical illness cover and waiver of premium benefit.