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© 2020 By Drummonds Property & Finance Group

LIFE & CRITICAL ILLNESS INSURANCE

Protect yourself and your home against potential risks

Protect Your Family Against the potential Financial Loss of Death

 

Ever wondered how your family would cope if anything happened to you? How will your family be able to maintain their current lifestyle, pay the bills and cope without your income? Death is a very hard time for any family, reduce your family's worries by making sure they are looked after and do not need to worry financially. Many people feel the government will take care of them, but what they do not realise is that the government provide very little financial support and support is often means tested, meaning if you have assets over a certain value this could exclude you from receiving government help

Protect Yourself Against Sickness or Illness 

 

 

We Protect our belongings with contents insurance, our cars with car insurance, our house with building insurance. Why don't we protect the biggest asset we have, ourselves? The potential loss we would incur if we could not work due to sickness or an illness can cause us to lose our belongings, our car, our house. For an average person in the Uk making £30,000 a year working from the age of 20 - 67 they would earn £1,410,000. At Drummonds we don't only help an individual buy their dream house, but keep their dream house and maintain their current lifestyle. 

We want to make sure that you are fully protected and that if the worse was to happen to your or your family you would be protected financially! We can do this through the following types of insurance:

Life Insurance

Life insurance is a vital financial planning tool, which provides a lump sum to counter financial hardships your family could face if you were no longer around, such as pay off your mortgage, pay bills, childcare cost, education, or just to leave behind money to your children to give them a helping hand in life.

Family Income Benefit Insurance

Family income benefit insurance pays a tax free, monthly income if the insured person dies during the term of the policy. Leaving a monthly income to cover the loss of the lost persons income. This is the lowest cost way to buy life insurance, because the potential payout decreases the further through the policy you get. This enables family members who have been left behind remain financially looked after.

Critical Illness Insurance

Critical illness insurance is mostly a lump sum figure paid out on diagnosis of specified life threatening illness. Many people in the Uk face a critical illness every day, cancer being the one of the biggest diseases, did you know that on average 1 in 3 people in the uk are expected to contract some form of cancer -   

 http://www.cancerresearchuk.org/cancer-info

Private Medical Insurance

Private Medical Insurance (PMI), covers the costs of private medical treatment for curable short term medical conditions, frequently referred to as acute conditions. PMI includes the costs of surgery specialists accommodation and nursing at a private hospital or in a private ward of an NHS hospital.

Income Protection Insurance

Income protection insurance is a Monthly Payment to policyholders given to those who are incapacitated and hence unable to work due to illness or accident. This enables an individual to keep paying there bills and keep their current lifestyle even when they are unable to work for a long time.

Mortgage Payment Protection

MPPI is designed to cover your mortgage payments if you're unable to work due to accident, sickness or unemployment. In exchange for a monthly premium, MPPI pays you a set amount each month, usually for a period of 12 or 24 months.