Protection

Life Insurance

Life cover is an essential safety net designed to provide financial support for your family in the event of your passing. At Keith Robinson Mortgages, we recognize the importance of this security and are dedicated to assisting you in selecting the appropriate life cover policy tailored to your needs.
In the UK, there are various types of life cover policies:
Term Life Insurance:
Offers coverage for a predetermined period, typically 10 to 30 years.
Provides a lump sum payment to your beneficiaries if you pass away during the policy term.
Expires without payout if you outlive the term.
Whole-of-Life Insurance:
Provides coverage for your entire lifetime.
Guarantees a payout to your beneficiaries whenever you pass away.
Frequently chosen for estate planning or inheritance purposes.
Decreasing-Term Life Insurance:
Geared towards covering specific debts such as mortgages or loans.
· Coverage amount decreases over time in line with the outstanding balance of the debt.
· Ensures your family’s financial security while paying off debts.
Choosing the right life insurance policy depends on your individual circumstances. Our expert advisers at Keith Robinson Mortgages will take the time to understand your situation and provide personalised recommendations to safeguard your loved ones’ financial future. Contact us today for more information.

Income Protection

Income Protection plans provide coverage for individuals who are unable to work due to accidents or illness. This insurance policy offers a regular, tax-free income if you’re unable to work because of illness or disability. The benefit paid is a monthly payment, typically up to a maximum percentage of earnings, often around 50% or 60%.
Most individuals qualify for this cover, with some needing it more than others. Certain individuals, such as landlords who generate income from rental properties, may continue earning even if they’re unable to physically work. However, for many of us with standard jobs, being unable to work means losing out on earnings. This is particularly crucial for individuals without sick pay benefits from their employers, which is increasingly common, especially outside the public sector.
There has been a misconception in the past that self-employed individuals cannot obtain income protection. However, this is not the case; self-employed individuals are indeed eligible for income protection coverage.
For assistance in finding the right level of cover to suit your needs, please contact us for a free quote.

Critical Illness

As life expectancy rises, so does the chance of facing a serious illness. It’s crucial to think about our financial safety net in case of such situations. When you’re getting a mortgage, it’s smart to think about getting critical illness cover too. This helps ensure your mortgage payments are covered if you can’t work due to a serious illness.
You might want critical illness cover if:
Your savings aren’t enough to cover your expenses if you get really sick.
Your job doesn’t provide enough support if you’re off sick for a long time.
You’re single and want to make sure your mortgage is paid if you get sick.
You have a family and want to make sure they’re okay if you get sick.
Not everyone needs critical illness cover, but it’s a real help if your family relies on your income and you can’t pay your mortgage if you get sick.
At Keith Robinson, we can help you get critical illness cover alongside life insurance or just on its own. Our team will explain everything clearly and find the best option for you.