Protection
Secure your financial future
A mortgage is a long-term commitment, but it is only one part of protecting your financial future. If illness, injury or an unexpected change in circumstances meant you could no longer work, the impact on your household could be significant. The right protection can help provide financial support when it is needed most.
At Lawler Mortgages, we discuss protection alongside the mortgage process so you can consider what cover may be appropriate for you. It is also worth reviewing existing policies when your income, family or wider circumstances change, even if you are not moving home.
Life Insurance
Life insurance can provide a lump sum or regular income to your loved ones if you die during the policy term, helping them manage ongoing costs such as the mortgage, household bills and other financial commitments.
There are different types of cover available, depending on what you need it to do. We’ll take the time to understand your circumstances and help you choose a level of protection that reflects your family, income and wider financial responsibilities.
Critical Illness Cover
A serious illness can affect far more than your health. Time away from work, reduced income and additional household costs can quickly place pressure on your finances.
The British Heart Foundation reports up to 100,000 UK hospital admissions caused by heart attacks each year*, while around 100,000 people experience a stroke annually**.
Critical illness cover can provide a tax-free lump sum if you are diagnosed with a condition included within your policy. This could help you reduce or repay your mortgage, replace lost income, cover treatment costs or make changes to your home.
Income Protection
Your regular outgoings do not stop if illness or injury leaves you unable to work.
Income protection is designed to pay a proportion of your income while you are unable to work, helping you continue to meet costs such as your mortgage, household bills and everyday expenses.
The cover can be arranged to suit your circumstances, including how soon payments begin and how long they continue. It can be especially valuable for self-employed people or anyone with limited sick pay through work.
Wills & Trusts
Putting the right plans in place can help make sure your wishes are understood and your loved ones are supported in the future.
As part of The Cornerstone Network, we can connect you with a trusted specialist who can provide advice on wills, trusts and wider estate planning. They can help you consider how your assets should be managed, who you want to benefit and whether a trust may be appropriate for your circumstances.
Lawler Mortgages does not provide legal advice directly, but we can introduce you to an experienced professional within the network.
Call us on 0161 399 4587 or Book Your Appointment