Protecting Your Income, Securing Your Future
Even if you have sick pay from your employer, it won’t last forever, and you may need to consider what would happen if you are unable to work in the long term. An income protection policy can help you overcome this fear by providing you with an income once your employer’s sick pay ends and continue to give you an income until you are either able to go back to work or until the end of the term selected at the outset.
When you’re considering your mortgage options, having financial resilience is an important factor to consider. At MPC Mortgages, we take this matter very seriously. Although we love helping people purchase their first or follow-on homes, we always consider long-term financial resilience. That’s why we recommend income protection when you talk to us about your mortgage. We want to ensure you can stay in your home in case an accident or sickness puts it at risk.
The three most common illnesses that people claim for are...
MENTAL HEALTH
MUSCULOSKELETAL
CANCER
You can think about whether you know anyone who has been affected by one of these illnesses. It’s always a good idea to have a protection review every few years, whether we are currently sorting your mortgage or not.