Insurance FAQs
Life Insurance
Life insurance is more than just a financial tool — it’s an act of love and protection. It’s difficult to think about a future without you in it, but consider the peace of knowing that, no matter what happens, your family’s well-being is secure.
Life insurance means that your loved ones won’t be left navigating both grief and financial uncertainty. The mortgage, school fees, daily bills — these are things we hope they never have to worry about alone. With life insurance, you’re providing the reassurance that your presence and support will continue, when you’re not there, allowing your family to focus on healing and building the future you always wanted for them.
Critical Illness Insurance
Have you ever stopped to consider what would happen if, without warning, you were diagnosed with a life-altering illness?
A serious diagnosis impacts not only your health but can also bring overwhelming financial stress to you and your family. Suddenly, your priorities shift, and the focus turns to treatment and recovery — but what about your income, your household bills, or your mortgage payments?
Critical Illness Insurance provides a crucial safety net in these moments, offering a lump-sum payment that can be used to cover expenses, protect your family’s lifestyle, or ease the burden of medical costs. This support allows you to focus on what truly matters: your health, your recovery, and spending time with the people you love, without the worry of financial hardship.
Income Protection Insurance
Have you ever considered what would happen if an unexpected illness or accident left you unable to work? How long could you and your family manage without your income, and would your home be financially secure?
Income Protection Insurance is designed precisely for these difficult situations, stepping in to provide a portion of your salary if you’re unable to work. This means you can prioritise your recovery without the added stress of mounting bills or the risk of losing your home. With Income Protection, you’re not only protecting your finances but also giving yourself the peace of mind that, come what may, your family’s needs are covered. It’s a practical and compassionate way to secure your future, allowing you to navigate challenging times without the constant worry of financial strain.
Family Income Benefit (FIB)
Family Income Benefit (FIB) is a crucial type of life insurance that can help protect your family's financial future. At Liddington Mortgages, we understand the importance of ensuring your loved ones are cared for if the unexpected happens. Unlike traditional life insurance, FIB provides regular, tax-free monthly or annual payments to your family for the remainder of the policy term, helping to cover essential expenses such as mortgage payments, childcare, and household bills.
This practical solution is particularly valuable for families with young children, offering financial stability and peace of mind during challenging times. If you're looking for expert advice on Family Income Benefit or other insurance options, Liddington Mortgages is here to help you find the best solution tailored to your needs.
Home Insurance
When securing a mortgage, home insurance isn’t just essential; it’s a mandatory requirement from lenders if a mortgage is secured against your property. We help clients understand the critical role of home insurance in safeguarding their investments. This coverage protects your home’s structure, shielding you from the financial impact of fire, flood, or other unexpected events. For extra peace of mind, you can add contents insurance to protect your belongings. At Liddington Mortgages, we provide fee-free insurance advice to ensure your home and possessions are secure.