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Insurance & Protection

In addition to providing mortgage and loan solutions we can also provide appropriate insurance and protection products.

Safeguarding our clients and their loved ones is one of the most important factors to consider. It may be a first time buyer or a client starting a family or a recent change of career.  At some point in our clients lives the question of protection will start to become higher on the priority list. If they were ill and could not carry out their jobs, what would they do? If they were to die who would pay for their mortgage? Their children?  They may already have some insurance but it was taken out many years ago and would now not amount to enough to fully protect the family. These are all questions and concerns that most people will ask themselves and we can help with finding the right solution that fits their protection needs.  Premiums for insurance do not always have to be costly and we can find the most cost-effective premium along with high benefits for each situation. We offer Life Assurance, Critical Illness cover and Income Protection. 

Please read on to find out about the types of insurance and protection products we can offer you...

Life Assurance

Life assurance is a protection insurance policy, designed to protect the client against the prospect of dying, leaving a client with unthinkable debts to be passed on to their loved ones and families. At a minimum the policy should be taken out for a sufficient amount to cover an outstanding mortgage balance. This would at least clear the mortgage and leave a next of kin with a mortgage free asset. However this is only part of it. To do a thorough job for the client would be to consider a replacement income for a partner left behind to raise a family. We take all of our clients circumstances into account before we advise and make a recommendation for the most suitable protection policies.


Critical Illness Insurance

Statistically speaking, insurance companies are aware that people have approximately 5 times more chance of being diagnosed with a critical illness than actually dying. It is for this reason that critical illness policies were invented. They would protect client’s financial circumstances in the unfortunate event of being diagnosed with a critical illness such as a heart attack, cancer, a stroke and a whole variety of other illnesses, by paying out a lump sump for the amount insured. A critical illness is a serious enough event without having to worry about how the mortgage is going to be paid.


Accident Sickness & Unemployment ( Mortgage Payment Protection Insurance )

This insurance policy is designed to protect our clients ability to meet their monthly financial commitments in the event of an accident, or if they were to become sick for an extended period of time, or if they were made unemployed. If any of the above were to occur, this policy would meet those monthly commitments for a period of up to two years in the event of these unforeseen difficulties. The government policy on assistance is that any claim made to them for assistance would not be paid out for the first 39 weeks (9 months), by which point a client’s home would most likely have been repossessed by the lender. We make sure that we address the issue of protection needs with our clients at Active Loan & Mortgage Services Ltd so that our clients have peace of mind that they have all of the necessary cover that individually suits them.


Buildings & Contents Insurance

It is necessary for ALL clients to have buildings insurance if they have a mortgage as they are responsible for the building to be insured from the date of exchange of contracts. At Active, we like to offer our clients competitive Buildings & Contents Insurance policies and can usually save our clients money by offering extremely competitive quotations.


The Finance Doctor is a trading name of Active Loan and Mortgage Services Ltd who is an appointed representative of Genesis Home Loans plc, which is authorised and regulated by the Financial Services Authority for the conduct of non-investment insurance and mortgage business. Second charges, commercial loans and buy-to-let mortgages (where the resident is not related to the borrower) are not subject to Financial Services Authority regulations. Genesis Home Loans Plc can be found on the FSA register (www.fsa.gov.uk/register) under reference 305920.

Your home may be repossessed if you do not keep up repayments on your mortgage or other loan secured on it.

The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK

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