Changes to mortgage interest relief and a surcharge on stamp duty for second homes has made many landlords to reconsider whether they should be renting or not. It would seem that property price growth has…
What is it?
A term life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life. It covers you for a fixed period and pays out a one-off lump sum if you die during the policy term.
With some term insurance policies, you can add additional options, for instance, critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.
Who is it for?
This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. As qualified specialist Advisors, we can help you find the one most suitable to meet your requirements.
What is it?
A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.
Who is it for?
This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.
The quality of cover and the illnesses covered can vary significantly between different providers. As qualified specialist Advisors we can help you find the most suitable one that best meets your requirements.
What is it?
An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).
This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.
Who is it for?
This type of plan is designed for anyone whom is working (employed or self employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have. As qualified specialist Advisors we can help you find the one most suitable for your requirements.
This payment protection insurance is optional. There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income.
WBW Mortgages is a trading style of (UK) Howard Financial Ltd which is an appointed representative of Quilter Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority. Quilter Mortgage Planning Limited are entered on the FCA register (www.fca.org.uk/register/) under reference 440718.
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What Our Customers Say
Justin Osborne has been absolutely terrific. The problem tenant has now gone and throughout Justin provided a first-class service. He certainly made a very stressful situation a lot easier. He was always quick to respond, with very clear and sensible advice. I was very relieved that he came to Honiton to meet me initially, so much better to have met.
Can’t thank you enough for your responses and draft. I am extremely grateful for your hard work and what you have managed to do in a tight schedule, especially round Christmas.
James was absolutely brilliant, and I will be recommending him and your company to anyone needing a solicitor. I can’t thank James enough for the time and effort that was put into my case. Without James I would not have had the outcome I did.
On all occasions I have been most grateful for the friendly approach taken by Emma Oakley together with her efficiency and professionalism. She deserves all the praise due to her.
I would like to thank you very much indeed for such a comprehensive, perfect approach to my situation.
Thank you Natalie for all the work, support and kindness you have given me over the past year or so , it was very much appreciated. My thanks and regards to Hannah as well.
Miriam was very professional and yet charming & personable. Excellent empathy and a lovely customer focused approach, particularly when dealing with my Mum.
It’s not often these days that one encounters efficiency coupled with good old fashioned integrity.
Thank you again for all you have done for us not just for the sale of the house, but for all that you have done for us over the years too. You have made our dreams come true. Thank you to all the staff at WBW Solicitors too.
Thank you ever so much for being so kind, helpful and for your professionalism in dealing with my claim.
Really fast efficient services, took away a lot of the stress of moving home – thank you Gill!