Protection
Protection doesn’t need to be expensive….
We all know someone who has died or suffered a critical illness and such circumstances can have devastating effects on those around them. Should the worst happen wouldn’t it be reassuring to know that your mortgage payments will be maintained, and your family looked after?
Protection does not need to be expensive, and many people are finding out that even a small amount of cover can be a big help. Contact our qualified advisors today and let us help provide the right protection to suit you and your family’s needs.
Life Cover
Life cover gives you the comfort of knowing that your loved ones will be provided for should you die. There are many different ways to arrange life cover and we can help you find the most appropriate plan available.
When linked to a mortgage, Life cover ensures that in the event of death your mortgage will be repaid. Meaning that your loved ones no longer have the burden of a mortgage to pay, at an already difficult time.
There are two common types of Life cover linked to a mortgage, Level Term and Decreasing Term. The amount of cover remains level throughout the policy term with a Level term policy; whereas, a with a Decreasing term policy, the cover you have will reduce over time, in line with the mortgage reducing.
Critical Illness Cover (CIC)
CIC is similar to Life cover, but it pays out on the diagnosis of certain illnesses as opposed to only paying out on death. This can be added to a life cover policy as an optional extra or taken out by itself.
The main benefit of CIC is in the event of you suffering a life changing situation and potentially losing your income & therefore being unable to pay your mortgage – like with Life cover, the benefit can be used to pay off the mortgage. In other situations, the benefit could also be used to make alterations to your home should you suffer a debilitating illness or injury.
Income Protection
This offers borrowers the security of knowing that their essential repayments will be made if they are off work due to an accident or sickness.
For example, if you are in an accident and are unable to work for a while, a lack of comprehensive income protection cover means you will rely solely on state benefits, which are unlikely to be sufficient to meet your mortgage repayments, let alone any other essential spending.
Income protection can help as it provides a tax-free monthly payment until you are able to return back to work.
Buildings and Contents Insurance
Buildings insurance will cover your home from such events as fire, flood and subsidence. When purchasing a property, or remortgaging it is very important to ensure you have the right policy in place. Talk to one of our advisors to make sure you have the right policy for your needs and circumstances.
Reviews From Google
EXCELLENTTrustindex verifies that the original source of the review is Google. Great service. Highly recommended. Always do remortgage with Kris!!Posted on GoogleTrustindex verifies that the original source of the review is Google. We are a returning customer , Kris has been extremely helpful and thorough as always , we wouldn’t use anyone else !. He’s a nice guy tooPosted on GoogleTrustindex verifies that the original source of the review is Google. Kris is very helpful and has a professional but down to earth attitude. I would recommend (and i have done already) his services to anyone looking at getting a mortgage.Posted on GoogleTrustindex verifies that the original source of the review is Google. Kris is a fantastic mortgage advisor and has been a great help every time we have moved. Would highly recommend Rutland’s to anyone who needs professional help with financial services.Posted on GoogleTrustindex verifies that the original source of the review is Google. Gary, at Rutland Financial, has just supported my husband and I through the process of buying our first home. Gary was approachable and quick to respond throughout. This, along with his experties, meant we were reasurred and our questions were answered. Highly recommended.Posted on GoogleTrustindex verifies that the original source of the review is Google. Kris was extremely helpful in assisting me with a new mortgage - keeping me in the loop on everything from start to finish, as well as offering me some financial advice which was very useful.Posted on GoogleTrustindex verifies that the original source of the review is Google. Kris helped us with our remortgage, including paying off our Help to Buy loan and updating life insurance and income protection. Absolutely brilliant from start to finish. Friendly, professional, excellent advice, always happy to take the time to explain things.Posted on GoogleTrustindex verifies that the original source of the review is Google. Highly recommend Kris Rutland and his expertise knowledge & services. He has helped make the transition as smooth as possible.Posted on GoogleTrustindex verifies that the original source of the review is Google. I did not know it was even possible but Gary managed to get us a mortgage at the age of 75. Gary made the process quick and easy. Thank you very much.Posted on GoogleTrustindex verifies that the original source of the review is Google. My accountants passed Gary Devine's number onto me when I told them that I needed to re-mortgage my property. Being self-employed makes it more difficult to get a new mortgage but Gary worked relentlessly and moved heaven and earth to find me a mortgage. He was made to jump through hoops from different lenders and kept me constantly updated but persevered until he got me a very good deal in the end. I will use Gary in the future for any financial issues that arise and would thoroughly recommend him.