020 8652 5240 info@mbassociates.net

INCOME PROTECTION

What would happen if you or your partner couldn’t work for a significant period of time? Would you be able to afford your mortgage, household bills and other payments, such as school fees, childcare costs or pension contributions?

Income Protection insurance is designed to pay you a monthly non-taxable benefit if you aren’t able to work because of an accident, injury, illness or sickness. Each income protection insurance plan is individually tailored to suit your needs and your lifestyle, with costs of premiums based on your age, health, occupation and other relevant factors. You can take out an income protection policy whether you’re employed or self-employed.

Our expert advisers are here to understand your specific requirements, and then recommend a bespoke income protection plan to suit your circumstances. For more information, either give us a call on 020 8652 5240 or click here to send us an email.

For insurance business we offer products from a choice of insurers.

You may have to pay an early repayment charge to your existing lender if you remortgage.

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.