Protecting You
Help Protect Yourself and Your Family Against Life’s Unexpected Events
Your income supports your home, your family and your plans for the future. If you became seriously ill, were unable to work or passed away, suitable protection could help ease the financial pressure on you or the people who depend on you.
Free consultation
Get advice on personal protection
Share a few details and our advisers will get back to you with personalised options. No obligation — just clear, specialist mortgage advice.
What we consider
A personal protection review
- Your mortgage and household expenses
- Dependants and family priorities
- Employer benefits and existing cover
- Savings and sick-pay arrangements
- Property commitments if you invest
How we help
Protection built around your circumstances
At Asghar Finance House, we take the time to understand your circumstances, commitments and priorities.
We help you explore protection that suits your needs and budget, explaining what each policy covers and its limitations so you can make an informed decision.
Everyone’s needs are different. You may be buying your first home, raising a family, working for yourself or managing investment properties. Your existing savings, employer benefits and insurance arrangements also influence the protection you may need.
Our protection review considers these factors alongside your mortgage, household expenses and dependants. We help you identify potential gaps in your cover and discuss how they could be addressed.
Cover types
Protection options we can discuss
The appropriate type, amount and length of cover will depend on your circumstances and the commitments you want to protect.
01
Life insurance
Life Insurance
Life insurance can provide financial support for your loved ones if you die during the policy term, subject to the policy conditions. A payment could help repay a mortgage, meet household expenses or support your family’s future needs.
We can discuss two common types of life cover:
Level life cover
The amount insured generally remains the same throughout the policy term.
Decreasing life cover
The amount insured reduces over time and is often considered alongside a repayment mortgage.
02
Critical illness
Critical Illness Cover
Critical illness cover can provide a lump sum if you are diagnosed with a specified serious illness that meets the policy’s definition.
This payment could help reduce financial pressure while you focus on your health. You might use it towards mortgage payments, household bills or adjustments to your home.
Policies differ in the conditions and severity levels they cover. We explain these details, including relevant exclusions, so you understand when a claim may be payable.
03
Income protection
Income Protection
If illness or injury prevented you from working, how long could you manage without your usual earnings?
Income protection can replace part of your income when you are unable to work because of illness or injury, subject to the policy terms. Payments usually begin after an agreed waiting period and may continue for a limited period or until a specified end date, depending on the cover selected.
We help you consider your sick pay entitlement, savings and regular expenses when discussing the waiting period, benefit amount and length of cover.
04
Family income benefit
Family Income Benefit
Family income benefit can provide regular payments to your beneficiaries if you die during the policy term. These payments generally continue for the remaining term, subject to the policy conditions.
It may suit families who want support with ongoing expenses, such as household bills and childcare, rather than relying solely on a lump sum.
For investors
Protection for landlords and property investors
If you own investment properties, your family may need to manage outstanding borrowing and other financial commitments after your death. Suitable life cover may help provide funds to support them.
We can discuss protection alongside your property commitments. Estate planning, inheritance tax and decisions about ownership require separate advice from appropriately qualified legal and tax professionals.
Keep cover up to date
Review your cover as life changes
Buying a property, having children, changing employment or taking on additional borrowing can affect your protection needs. Reviewing existing policies helps you understand whether the cover remains appropriate.
Before replacing a policy, it is important to consider any benefits you could lose and whether new cover has been accepted and started.
Buying a property
New borrowing often changes how much cover you may need.
Growing your family
Dependants and childcare costs can reshape your priorities.
Changing employment
Additional borrowing
Extra commitments can leave gaps if cover stays unchanged.
Next step
Arrange your protection review
A protection review forms part of our service and can be completed over the telephone. Whether you already have insurance or are considering cover for the first time, we can help you understand your options.
Cover is subject to underwriting, policy terms, conditions and exclusions. Claims must meet the policy requirements. Failure to maintain premiums may cause your cover to end.