Clearly, the consequences of a period of unemployment
or disability could be disastrous on your finances, particularly
if you don't have large levels of savings to rely on.
This insurance has been designed to overcome the consequences
of unemployment or incapacity and to provide the following
unique benefits:
You do not need to have a mortgage to be insured under
this insurance. However, being totally flexible it can cover
a monthly mortgage payment, or rent, loans, household bills
or any other purpose you require.
Highly competitive premiums payable monthly by direct
debit.
Benefits are tax-free.
Back-to-day-one benefits are payable for 12 months.
Unemployment only cover, or incapacity only cover, or
both combined.
The self-employed, directors and proprietors of businesses
are covered if their business ceases to trade and is formally
wound-up by an independent third party.