Best Mortgage Group is registered with the Data Protection Act 1998 registration No. ZB547561 and is authorised and regulated by the Financial Conduct Authority under the firm reference No. 1005176 as an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under firm reference 786245 and registered with the Data Protection Act 1998 Registration no. ZA178200.
Protecting what matters most – You and your loved ones
We've Got Your Back
At Best Mortgage Group, we’re committed to safeguarding your financial future and well-being. Life is unpredictable – unexpected health issues, critical illnesses, or even the worst-case scenario, death, can disrupt your ability to manage mortgage payments and essential expenses. That’s where our protection products come in, providing a safety net for you and your loved ones.
Why Protection?
Without the right financial protection, your family’s future and long-term plans could be at risk. We understand that discussing life’s uncertainties isn’t easy, but once your protection is in place, you’ll have peace of mind knowing you’re covered, no matter what life throws your way.
What’s in Our Protection Toolbox?
1. Life Insurance:
- Monthly payments over an agreed term, with a full payout in case of death within the term, protecting your loved ones and your family home.
2. Income Protection:
- Ensures you continue receiving monthly payments if illness or injury prevents you from working, helping you meet financial obligations.
3. Critical Illness Cover:
- A lump sum payment if you’re diagnosed with a specified critical illness, providing comprehensive financial support.
4. Business Protection:
- Ensures your business remains secure in case of the critical illness or death of a key individual, acting as a financial shield.
Business Protection Options:
1. Relevant Life Cover:
- Tax-efficient life insurance offering a death-in-service benefit to employees and directors, ensuring financial security for their families.
2. Executive Income Protection:
A tax-efficient insurance policy providing high-income individuals with financial stability during illness or injury.
3. Key Person Cover:
- Protects businesses from financial loss due to the death or incapacity of a crucial employee.
4. Shareholder Protection:
- Ensures smooth ownership transitions by providing funds to purchase shares in the event of a shareholder’s death or critical illness.
5. Business Loan Protection:
Covers outstanding business loans if a key individual passes away or becomes critically ill, safeguarding financial stability.
Employee Benefit Options:
1. Group Life Cover:
Employer-provided life insurance offering a lump sum payout to beneficiaries if an employee passes away.
2. Group Critical Illness Cover:
Provides a lump sum to employees diagnosed with a covered critical illness, supporting their financial well-being.
3. Group Income Protection:
Offers employees a steady income if they are unable to work due to long-term illness or disability.
4. Private Medical Insurance:
- Employer-sponsored healthcare coverage ensuring quick access to private medical treatment.
Note:
Please consult your Accountant or Tax Adviser for specific tax guidance on policy premiums.
How Financially Resilient Are You?
The five essentials of life – air, food, water, heating, and shelter – are all funded by our income (except for air!). Recent global events, such as the COVID-19 pandemic, have highlighted the importance of financial resilience. With this in mind, regulations now require us to ensure that you can not only afford a mortgage but also sustain your household in times of crisis.
Your income is vulnerable to illness, injury, and even death. That’s why we conduct an income stress test, assessing various scenarios to determine necessary protection. Our recommendations will be clearly outlined – some as essential (like a doctor’s prescription) and others as important considerations.
Benefits of Our Protection Solutions:
- Replaces your monthly income if you’re unable to work due to illness or injury – think of it as your personal furlough scheme.
- Provides a financial safety net for your family in the event of your death, ensuring dependents are supported.
- Offers a lump sum if you’re diagnosed with a critical illness, reducing short-term financial stress and securing future stability.
- Pays off your mortgage in full if you pass away, ensuring your family keeps their home.
- Clears your mortgage upon a critical illness diagnosis, allowing you to focus on recovery.
- Private medical insurance to bypass NHS waiting lists and access immediate treatment.
- Business insurance advice for Limited Company directors and shareholders.
Why Choose Best Mortgage Group?
We know insurance jargon can be overwhelming, but our expert advisors make it simple and hassle-free. We provide clear, straightforward guidance—no pressure, no confusion—just the right protection plan tailored to your needs.
Our Process
1. Friendly chat:
We take time to understand your existing provisions and identify any gaps.
2. Tailored Recommendations:
We create a plan based on your unique circumstances, goals, and budget.
3. Making It Happen:
Once you're happy with the plan, we handle everything—usually with no fee for implementation.
4. Regular Check-ins:
Life changes, and so do your needs. We’ll review your plan periodically to ensure it remains the right fit.
It's all about you – and your mortgage too!
Your mortgage depends on your income, making it essential to protect yourself against events like illness, redundancy, accidents, or death. Protection isn’t just about covering your mortgage – it’s about maintaining your lifestyle and ensuring your family’s security.
Don’t wait until it’s too late. Protect your future, your home, and your loved ones. Call Best Mortgage Group today at 01277 633123 for expert advice and tailored protection solutions.