Is Income Protection Worth It?
Your income pays for your mortgage, rent, bills and everyday spending. If illness or injury stops you from working, those payments still need to be made. Income protection insurance can replace part of your income while you’re unable to work. The amount you can receive, when payments start, and how long they continue will depend […]
What Is Income Protection Insurance?
Income protection insurance pays you a monthly income if you’re unable to work because of illness or injury. It gives you money to put towards your mortgage, household bills and other regular expenses while you’re off work. The amount you receive depends on your policy, and payments usually start after an agreed waiting period. If […]
Mortgage Protection Insurance vs Income Protection Insurance
Mortgage protection insurance protects your mortgage in certain situations, while income protection insurance replaces part of your income if illness or injury stops you from working. They’re both designed to protect you financially, but they don’t work in the same way. To learn more about the differences between the two, keep reading. What Is Mortgage […]
Do I Need Mortgage Protection Insurance in the UK
Financial planning isn’t just about saving money or paying off your mortgage. It’s also about thinking ahead and preparing for unexpected situations that could affect you or your family. Mortgage protection insurance is one way to do that. If you’re wondering whether you need it in the UK, keep reading as we explain what it […]
Can You Remortgage Early?
Remortgaging doesn’t always have to wait until your current mortgage deal ends. Some homeowners switch early to secure a new interest rate, borrow more money or avoid moving onto their lender’s Standard Variable Rate (SVR). You can remortgage before your current deal ends, but there are a few things to check first. Keep reading to […]