Finding the most appropriate insurance cover for your needs
One 2 One Mortgage Solutions aims to find you the most appropriate deal on Health Insurance / Income protection. Health insurance is designed to pay you a replacement income should you be unable to work and can be inflation protected until you retire. Insurance rules dictate that you may not insure all of your income but you may insure about two thirds or 75% of it.
Health Insurance or Income protection policies protect your mortgage throughout the whole term by providing accident and sickness cover. Benefits are guaranteed every month until you are fit enough to go back to work or until the plan ends, for example at your retirement age or at the end of your mortgage term.
The income you receive each month is paid tax free. You can choose the level of benefit you want to receive each month based on your current earnings (usually up to a maximum of 60% of gross earnings). This type of cover is not just to cover your mortgage payments. You decide how soon you would like the payments to start if you were unable to work. A shorter period makes the premiums more expensive.
This insurance can be very beneficial for self-employed people who do not have paid sickness pay when they cannot work.
Health Insurance aims to gives you peace of mind and One 2 One Mortgage Solutions can help find you the most appropriate level of cover.
So whatever type of insurance you require, One 2 One Mortgage Solutions is here to find the very best deal for you.