- Mortgage Protection is required so that on death during the mortgage term, the cover will be paid directly to the lender who will use the funds to pay off the outstanding balance of the mortgage.
- Whole of Life Cover can provide family protection, protection of your estate and business protection planning.
Serious Illness Cover provides a payment of a sum in the event of the life assured being diagnosed as suffering from or contracting any of the serious illness specified by the particular policy.
Serious Illness Cover provides financial support at a time when life may be endangered and can ease the stress caused by monetary concerns at a time of serious illness.
Mortgage Repayment Protection covers you for an agreed monthly amount (usually roughly equal to your monthly mortgage repayment). The amount is payable if you cannot work due to illness, accident or compulsory redundancy for longer than four weeks. The claim will be paid for a maximum of 12 months.
An Income Protection policy is an insurance product which pays you an income if you are not able to do your own job because of an illness and suffer a loss of earnings as a result of disability, sickness, injury or accident.
At MDL Financial Services we will be happy to discuss these options with you in greater detail.
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