For those wishing to protect their home and family we provide advice on the most suitable deal in plain English, guiding you through the mortgage maze.
One of our Personal Mortgage and Protection Consultants will help you through the process step-by-step, working out how much you can borrow, how much it will cost, and what type of mortgage may be most suitable for you.
They will even take care of all the paperwork for you, so you don't need to worry about a thing
| |
What our existing customers say..........
Form beginning to end your service was first class and I look forward to dealing with you and your company again in the years to come.
I have already recommended you to a colleague and will certainly be recommending your company to my friends. May I wish you well in the future.”
Malcolm Kemp (Norwich) |
|
Further info
Many people of working age have been off work for a period of more than six months due to accident, sickness or unemployment. The issue of income protection insurance has never been more important.
Income protection covers a specified income rather than a particular loan payment amount.
Some have said that it is a waste of money however, if you fall ill, suffer an accident or are made unemployed, income protection can provide vital cover and be the difference between you holding on to your property and maintaining your standard of living or dropping your standard to an unsatisfactory level and possibly losing your home.
If Income Insurance is bought from an independent broker such as Rainbow LMP it can offer peace of mind at a decent price. At Rainbow LMP we compare the best income protection insurance deals on the market.
What is income protection insurance (Income Replacement Insurance)? Income protection insurance is taken out against the payment of a debt. It covers your repayments in the event that you lose your income due to unemployment, illness or an accident.
As an example, if you were unable to work for 30 consecutive days or more (bear in mind some policies have a deferred period of six or twelve months) you should be entitled to make a claim. When you take out the policy you will able to choose the length of time you want to be covered for. Of course the longer you wish to be covered, the more expensive your premium will be.
Generally, most policies are continuous. Payments continue until you decide you no longer require cover.
Whatever type of Income Protection Insurance you are looking for it's crucial you get the best policy to suit both your budget and your needs.
At Rainbow LMP we work with leading UK insurance companies, ensuring that you not only have the best cover but also obtain an excellent quote.
There are limits to the amount of cover you can arrange, usually 65% of your gross salary. Pre-existing medical conditions may be excluded.
Rainbow Life Mortgages Protection is an Appointed Representative of Network Data Limited which is authorised and regulated by the Financial Services Authority for regulated mortgage and insurance business only.
Network Data Limited entered on the FSA Register http://www.fsa.gov.uk under reference 300391