Life Insurance & Critical Illness Cover
We can assist with a range of financial services, ensuring you plan for you and your family’s future
Life Insurance
At Stepping Stones we can assist with a range of financial services, ensuring you plan for you and your family’s future. If you are taking out a mortgage and need life assurance or critical illness cover, we can arrange this for you.
Life insurance is taken out to guarantee protection against financial loss if you or your partner dies. It is often taken out to cover the balance of a repayment mortgage, and can also be taken out to provide financial support in the event of death.
The two types of cover are:
- Decreasing Term – this covers the balance of the repayment mortgage. It will run concurrently with the term of the mortgage and will decrease in line with the outstanding balance as you make your monthly payments to ensure you have enough to pay off the balance in the event of you or your partner’s death.
- Level Term – this is a fixed sum. It runs concurrently for the length of your repayment mortgage, but as it’s fixed, the amount stays the same for the term of the policy. This is often beneficial if you have dependents and you want to repay your mortgage and ensure your family is looked after financially in the event of you or your partner’s death.
Please remember that life insurance is not a savings or investment product and has no cash value unless a valid claim is made.
Critical Illness
Critical illness cover pays a tax-free lump sum if you are diagnosed with a defined critical illness during the policy term. Provided you keep paying your premiums, you should be covered throughout the term. Once the policy term ends, all protection stops.
When you take out a policy you can decide how long it will last e.g. until your children have grown up, or until the mortgage is paid off. Critical illness cover is often available as a combined policy with term life insurance. In these instances, you can often only claim once.
If you would like any further information regarding life insurance or critical illness, please contact us for details. Our advisors can answer any questions you may have.
Residential Mortgages
Whether you are buying your own home or an investment property, most people need a mortgage to do so. There are so many mortgage loans available that it can be difficult to choose the right one for your circumstances. Your mortgage is likely to be your biggest monthly outgoing and could potentially be with you for a long time. It is important that you get all the information you need before making such a major decision – and that’s where we can help.
Mortgages don’t come in a ‘one size fits all’ package; depending on your situation, there are various mortgages that may be suitable for your needs. Here at Stepping Stones our aim is to assist you in selecting and applying for the best possible mortgage or finance package for your circumstances, while making the whole process as simple as possible.
We understand that our clients have individual requirements and that’s why we get to fully understand your specific needs and personal circumstances before recommending a product to you. Our obligation-free mortgage consultations will enable you to fully understand the options and the best deals available. A free consultation can be organised at a time to suit you, with flexible evening and weekend appointments available.
With our whole market approach, we can assist you to secure the best mortgage deals out there, which can in turn enable you to make both short term and long term savings.
We have over 10 years experience in our industry and during this time we have developed strong relationships with the major high street mortgage lenders and specialist lenders. With such a wealth of experience we fully understand every aspect of our business and how we can help you achieve the best deal out there. Communication with our clients is key and we take the time to explain all the options that you may be eligible to apply for, including how your decision will affect your monthly outgoings.
By providing a client focused, tailor made service, we can assist all types of buyers from first time buyers who are looking to secure their first mortgage to clients who are moving up the housing market.
With an open and transparent pricing system and a friendly manner, we hope that we will have the opportunity to provide you with a first class mortgage broker service for many years. If you are looking for a local mortgage advisor call us today, arrange an appointment or email [email protected]
