To share their success they are offering a 15% off across a wide range of mortgage protection services until July 2012
Mortgage Protection, Life Insurance and Critical Illness Cover is not something people generally like to think or talk about, but now has never been a better time to put this reassuring safety net - for you and your family - in place with Ascot Mortgages 15% Discount across a range of mortgage protection services.
In order to maintain a positive outlook, many people choose to push thoughts about death and critical illness to the backs of their minds. However, such individuals do face the risk of being caught out if the worst should occur. It's for this reason that the major financial company, Ascot Mortgages, are keen to highlight the various types of mortgage protection. They've compiled a selection of the main safeguards, as outlined in this article.
Mortgage Life Insurance
Anybody who wants to ensure that their close friends and family enjoy peace of mind is urged to consider the merits of mortgage life cover. This type of policy pays out in the form of a lump sum in the event of death. It substantially reduces the burden on anybody left behind by protecting any mortgaged property against repossession.
Leading financial advisers have pointed out that it is sensible to invest in this kind of cover at the earliest possible opportunity in order to reduce the cost of premiums. Property buyers have also been reminded that such insurance is relatively inexpensive.
Mortgage Payment Protection Insurance
According to the market research company Defaqto, a large proportion of UK residents believe that the state will provide adequate financial support in the event of illness or injury. Others claim that they have enough money to fall back upon during a time of need.
Unfortunately the state benefits don't provide enough cover in many circumstances. What's more, there are a number of illnesses and injuries which can take a long time to recover from. So mortgage payment protection insurance may well be the safest option.
It is worth bearing in mind that the majority of MPPI policies pay out for a maximum of one year. Potential insurance customers are also advised to check the level of support provided by their employers in the event of illness or redundancy.
Choosing An Insurance Company
There are a wide range of insurers currently trading in the UK, many of which offer seemingly attractive deals. As such it can be a real struggle to decide which company to go with, and what level of cover to invest in. The best providers will take time to outline the various alternatives and only recommend policies that directly meet a customer's needs.
The nationally recognised company Ascot Mortgages guarantee a free initial consultation, with one of their fully trained and highly experienced independent advisers. And for a limited time they are offering a 15% discount to new customers.