When you take out a mortgage, it is a huge financial commitment and as you know with the recent pandemic causing enormous disruption to the economy and UK businesses, the unexpected can happen.
Taking out protection can help your family to avoid financial difficulty in the event of an unplanned problem. As a Contractor, you can be particularly at risk of being out of work, if the demand reduces for the type of work you deliver. If the pandemic has taught us anything, it is that nothing is guaranteed, so taking out protection is recommended so that your family does not lose their home if circumstances change.
Protection Against the Unexpected
UK Contractor Mortgages can advise you on the best way to keep your family protected with mortgage protection products, critical illness cover and life insurance options. We can help you to arrange the most suitable protection, so that if you find yourself out of work, protection is in place to pay your mortgage. If you have a family, we can arrange the right product to make sure that they do not have to worry about losing their home if you were to die before the mortgage is paid off.
Talk to our specialist Protection team to discuss your requirements and your main priorities so that we can find the right level of protection to suit your family and your budget.