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Call Mortgage Brokers throughout Portsmouth on 02392 367 327
 
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Are you covered...

We have access to a range of protection providers to help ensure, should the worst happen, you can keep the roof over you and your family’s head.

Life Insurance 
Life insurance gives you peace of mind that your loved ones will be provided for should you die. There are many different ways to arrange life cover and our advisors can help you find the best deals available. Life insurance ensures that in the event of death your mortgage will be repaid and the costs not passed on to your dependents or loved ones. Level term insurance provides a set level of cover for the term you choose. Decreasing term insurance covers you for the term you choose, but the level of cover decreases through the term of this policy.

Critical Illness Cover
Critical illness cover pays a cash lump sum on diagnosis of a specified critical illness and can be the solution to your financial worries at this time. For this relatively small cost, you could help your family cope for a while without income to pay household bills and debts. This type of cover will pay out a lump sum which could pay for other things like:

* Private treatment
* Prescribed drugs not available through the NHS
* Changes to your home
* Paying off all/part of your mortgage

Only some forms of Cancer, heart attack and stroke are covered under critical illness insurance.

Income Protection
This offers customers the security of knowing that their essential repayments will be made if anything happens. For example, if you are in an accident and are unable to work for a while, a lack of comprehensive income protection cover means you will rely solely on state benefit (Please follow this link for current weekly costs; https://www.gov.uk/statutory-sick-pay) which is unlikely to be sufficient to meet your mortgage repayments. This is where income protection can help as it provides a tax free monthly payment until you are able to return back to work. 

Accident, Sickness & Unemployment Cover (ASU)
Accident, sickness and unemployment cover can give you peace of mind knowing that in the event of redundancy or illness your mortgage payments will be made and your home will be safe. Most standard mortgages do not have any protection insurance included, so it's important to decide what kind of separate cover you need. 

Accident, sickness and unemployment cover insures you against changes in your circumstances due to redundancy, disability, or illness. Usually payments are made for up to a maximum of 12 months. If you would like to be covered for longer than this you may want to consider taking out income protection. For Accident Sickness and Unemployment Insurance our advisors usually offer products from a limited panel of providers.

*Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against loss of income.

Buildings & Contents
Our advisors offer a range of competitive insurance products if you are a Homeowner, Landlord or Tenant from a number of leading UK insurers. For your added peace of mind, our advisors can also arrange adequate contents insurance so that your belongings are covered against things like fire, theft and flood. For Buildings and Contents Insurance our advisors usually offer products from a limited panel of providers.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage Source is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service ( www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm). You may be able to submit a claim through the  EU Online Dispute Resolution Platform (https://webgate.ec.europa.eu/odr/main/?event=main.home.show if you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.)