Mortgage Protection Services

If you died before your mortgage was repaid, how much would your family need to stay in their home? Term life insurance can pay a lump sum if you die during the period you choose, subject to the policy terms. Start with your mortgage balance and the years left to repay it, then consider what your family might need for other costs.

With a repayment mortgage, decreasing cover is designed to reduce over time as the loan balance falls. Level cover keeps the insured amount the same throughout the term. If you also want to leave money for childcare or household bills, Greenacre can help you compare both options and check how much cover you already have.

Read our guide to life insurance for a mortgage or ask Greenacre for a life insurance quote.

Critical illness cover can pay a lump sum if you are diagnosed with a condition that meets the definition in your policy. The insurer looks at the diagnosis and, where relevant, how severe the condition is. Time off work alone does not trigger a payout.

You could use the money to reduce your mortgage or keep it available for bills, childcare or changes to your home during recovery. Greenacre can help you work out which costs you would want to cover, then compare which conditions each policy includes and whether it pays the full amount or a smaller sum for a particular diagnosis.

Read our guide to comparing critical illness cover or ask Greenacre for a critical illness quote.

In the event of long-term sickness or injury, maintaining a steady income to meet mortgage payments can become a daunting task. This policy cover is designed to protect you if you are out of work for a period of time and help cover costs of your mortgage, car, family commitments etc. To find out What is income protection insurance and how does it work? in our blog. To receive a quote to review, contact us.

If you died, even with the mortgage paid off, your family would still need to cover food, energy and everyday bills. Think about the care you provide as well as what you earn. If you usually collect the children from school, for example, your partner might need to pay for after-school care or reduce their working hours.

Greenacre can help you compare those costs with the income, savings and cover your family could draw on. If there’s a gap, we can explain how a life insurance lump sum or regular payments from a family income benefit policy could help, and how long you might want the cover to last.

Read our guide to family protection cover or ask Greenacre for a family protection quote.

If you, a fellow director or a key employee died or became seriously ill, which costs would your business still need to meet? If one director brings in most of your work, for example, you might need to cover wages while someone else takes over their client relationships.

Greenacre can help you work out what the business would need and what your family relies on you to bring home. That distinction matters when choosing cover: a key person policy can pay the business after a covered event, while your family may need money for the mortgage and everyday bills. We can help you check who would receive each payment and what would trigger a claim.

Read our guide to business protection planning or ask Greenacre for a business protection quote.

Private medical insurance (PMI) can help pay for private consultations, tests and planned treatment alongside NHS care. If you have a particular hospital in mind, or want cover for specialist appointments as well as surgery, Greenacre can help you check what each policy includes.

For example, a policy might cover an operation but set a separate limit on the outpatient consultations and scans that lead up to it. We can help you compare those limits, check whether your preferred hospital is included and explain the excess you would pay towards a claim. Pre-existing conditions and ongoing treatment for long-term illnesses are commonly excluded. Appointment dates depend on availability.

Read our guide to private medical insurance for more detail, or ask Greenacre for a private medical insurance quote.