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.

Please consult your Accountant or Tax Adviser for specific tax guidance on policy premiums.

We take time to understand your existing provisions and identify any gaps.

Once you're happy with the plan, we handle everything—usually with no fee for implementation.

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:

Relevant life protection is a tax-efficient life insurance policy designed for employers to provide a death-in-service benefit for themselves and employees, offer in financial security to their families in the event of their untimely death.

2. Executive Income Protection:

Executive income protection is a tax efficient, specialised insurance policy that provides high-income individuals with replacement income in the event of illness or injury, ensuring continued financial stability during periods of incapacity.

3. Key Person Cover:

Key person cover is a business insurance policy that financially protects a company against the potential loss of a crucial employee, often covering costs associated with recruitment, training, and loss of profits in the event of that key person's death or incapacitation.

4. Shareholder Protection:

Shareholder protection is a business insurance arrangement that provides funds to enable the remaining shareholders or the company to buy the shares of a deceased or critically ill shareholder, ensuring a smooth transition of ownership and financial stability for the business.

5. Loan protection:

Business loan protection is an insurance policy that safeguards a company's financial stability by covering outstanding business loans in the event of a key individual's death or critical illness, ensuring the continuity of operations, and protecting against potential financial strain.

6. Ian Wicks:

Protection, Equity Release and Mortgage Adviser Best Mortgage Group
Office: 01277 633123
Mobile: 07759 126664
Website: www.wearebest.uk

Employee Benefit Options:

1. Group Life Cover:

Provided by employers to their employees, offering a lump sum payment to the beneficiaries in the event of an employee's death, providing financial protection and support. Group life premiums are allowable as a business expense for corporation tax purposes.*

2. Group Critical Illness Cover:

Provides a lump-sum payment to employees diagnosed with a specified critical illness, offering financial support during challenging times and complementing comprehensive health coverage. The premiums are allowable as a business expense for corporation tax purposes*.

3. Group Income Protection:

Provides a regular income to employees unable to work due to long-term illness or disability, offering financial security and support for both employees and employers. The premiums are allowable as a business expense for corporation tax purposes*.

4. Group private medical protection:

Group private medical insurance is an employer-sponsored health insurance policy that covers medical expenses for employees, promoting their well-being by providing access to private healthcare services. The premiums are allowable as a business expense for corporation tax purposes*.

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.