Life Cover and Protection

Life Cover & Protection

Protecting yourself and your loved ones.

Arrange a consultation with our expert advisors to find which types of cover are best for your needs and budget.

Imagine the impact on you and your family should the main earner in your household die or become seriously ill. It's not the easiest thing to discuss but life assurance is essential so that your loved ones are looked after should something happen to you.


At Gloucester Mortgage Centre our team of advisers can explain everything, helping you understand your protection options and to choose the cover that's right for you.


It might not happen to you and we hope it doesn’t but no one knows what is around the corner.
While there is no insurance that can prevent these event from happening, you can protect yourself and your family financially by making money available, should something unexpected happen.


Having the right protection in place can be the difference between keeping and losing your home, and maintaining your family’s lifestyle, ensuring that loved ones are taken care of.

Life Insurance/Assurance

Peace of mind that your loved ones will receive a chosen tax free lump sum if required in the event you should pass away within the agreed term.


For repayment mortgages usually decreasing cover over the specified term of the mortgage. The pay out of this cover will decrease in time in line with the mortgage.


For interest only mortgages Level Cover is designed to pay out the agreed amount as the outstanding equity doesn't decrease over time.


Critical Illness Cover

Provides a tax free lump sum payment should the insured person be diagnosed with a specified critical illness.

e.g. some forms of cancer, heart disease and many other serious illnesses.


Allowing the policyholder to focus on the diagnosis and easing financial pressures when you need it most.


It can also be set up to provide a monthly income if you prefer, rather than a lump sum.

Income Protection

Designed to pay out a specified monthly benefit to replace your salary in the event of you being unable to work due to disability or accident or sickness.


Most of us have unavoidable financial commitments and expenses in life that they need to pay out in order to live their current lifestyle.


Income Protection is designed to achieve this even when the insured persons are suddenly unable to work due to an accident or sickness. 


Why Choose Life Insurance?

Life insurance is a vital piece of cover when taking on a mortgage loan as it ensures protection against unmanageable debt.


Life insurance is also important even if you aren't entering in to a mortgage deal, it can provide stability, support and peace of mind to your loved ones in a time when they need it most, it helps to take care of expenses after your passing and it provides those closest to you with a means of maintaining a secure lifestyle.

 

 You decide the amount of cover you want to be paid out and whether or not you want the policy to cover you for only a fixed amount of time or for the rest of your life.


You can align your cover with a specific financial commitment such as your mortgage, that you want to ensure isn't dropped on your family if you die or you can simply choose to have a lump sum or income paid to your family whenever you pass away.
  • 98.3% of life insurance claims in the UK are paid out.


  • How many people have life insurance in the UK?

One in three Brits are life insured, or more precisely, 60% have no such insurance.


  • One of the more notable life insurance facts about the UK is that the partners of about 500 women and 75 men younger than 50 die every day.

That leaves around 100 children without one parent.


Contact Us

Book your free protection

consultation today

We offer a wide range of protect products to meet your individual needs.

At Gloucester Mortgage Centre our qualified Mortgage and Protection advisors will be able to take the time you need to review your protection needs and ensure that you are covered for your needs.


We offer appointments to suit around you.


Evening and weekend appointments available on request subject to availability.


Face to face, telephone or video call appointments available.


Find Out More Today

Providing you with peace of mind

NO No one wants the worst to happen to them, but in the event it does having the correct cover in place will ensure you can still look after your loved ones.

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