Life Protection
Life protection insurance for your mortgage and family
Life protection insurance can help your family manage financial commitments if you die during the policy term. It is often used to help cover a mortgage, household bills, and longer-term costs, giving your family financial breathing space when it matters most.
How life protection works
Life protection pays a tax-free lump sum to your chosen beneficiaries if you die during the policy term. Many clients choose cover that matches their mortgage term, so the level of protection either reduces alongside the balance or stays fixed, depending on the type of policy selected.
We help you set the right amount of cover, choose the policy structure, and align protection with your mortgage and household budget. If you already have cover in place, we can review it and confirm whether it still fits your circumstances.
Types of life cover we arrange
Most mortgage-linked life protection falls into a few common types. We will explain the options clearly and help you choose cover that fits your needs.
Level term life insurance for fixed cover over a set term
Decreasing term life insurance designed to reduce alongside a repayment mortgage
Joint life policies for couples, with cover paid on first death
Family income benefit where income is paid for the remainder of the term
WHY USE ANDERSON HARRIS?
Professional, Friendly Staff
We’re enthusiastic about helping clients achieve their property dreams. Our experienced staff will invest time to understand your circumstances and find the right solution for you.
Proactive & caring
Interest rates and the property market can abruptly change. We stay informed, monitoring the markets in order to alert our clients to any changes that may affect them.
Acclaimed Customer Service
We form long-standing relationships with our clients. They value our unbiased advice, our responsiveness and our genuine interest in their life goals.
Sustainable & Considerate
Keen to minimise our impact on the environment, we’ve invested in IT to create a paperless office and facilitate remote working, reducing the carbon footprint of our business.
Life protection FAQs
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Life protection is insurance that pays a lump sum to your beneficiaries if you die during the policy term. It is often used to protect a mortgage and household finances.
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Many people match cover to the mortgage amount and term, but the right level depends on your income, dependants, and other financial commitments.
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Level term keeps the cover amount the same. Decreasing term reduces over time and is commonly used with repayment mortgages.
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Yes. Some policies include critical illness, or it can be arranged separately depending on needs and budget.
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Yes. Life protection pays out on death during the policy term. Income protection is designed to support income if you cannot work due to illness or injury.
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Timescales vary by insurer and underwriting requirements. We can advise on the steps and what information is needed at the start.
WANT TO INQUIRE ABOUT A MORTGAGE?
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