Accident Sickness and Unemployment
Why take cover?
A mortgage is the largest financial commitment you will make in your life. Mortgage lenders will not be sympathetic if you are experiencing difficulties. Involuntary Unemployment, Sickness, or an Accident, can cause major financial hardship. The Government offers no help at all.
Since October 1995 new mortgage borrowers receive no state help for the first nine months of unemployment or disability.
An accident, sickness and unemployment policy will protect your mortgage payments and mortgage related insurance premiums for up to 12 months if you fall into financial hardship. It gives you the peace of mind at a minimal cost. Ask us for a free no obligation quote today.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.
Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.
