Mortgage Protection Insurance

Providing advice on suitable protection isn’t about selecting the cheapest provider, which of course you can do, but more about understanding the peripheral factors that can make a considerable difference.

Finding the right Mortgage Protection

Having identified and quantified your protection requirements, your adviser will then prepare a recommendation bespoke to your circumstances.

In addition to price, which of course is important, your adviser will also take into account many other factors, such as comprehension of cover, claim statistics, trust requirements and so on. It is the understanding of these additional factors that truly adds value and safeguards you and your family’s future.

A tailored solution

We don’t believe in off-the-shelf solutions, and our advisers know that every client’s circumstances are unique. This is why our advice is provided face-to-face and focused on the personal needs of each individual client. Our award-winning advisers will work closely with you to offer protection solutions specifically tailored to you.

Types of cover

  • Life cover
    Life Cover

    Life assurance plans provide a lump sum on your death and come in two forms: term and whole-of-life. Term plans provide cover for a specified period of time whereas whole-of-life plans provide cover for as long as you keep up your premium payments.

    Term assurance plans

    Life cover pays out if you die during the term of your policy, and in some cases, if you are diagnosed with a terminal illness before the last 12 months of your plan. The specific reasons for taking out a term assurance plan vary from one person to the next but the most common reasons are:

    • Mortgage protection
    • Family protection
    • Business protection

    Whole-of-life plans

    Whole-of-life plans are designed to cover liabilities that will arise on your death, such as an inheritance tax bill, or to supplement what you leave to your estate. For advice on this form of insurance please contact our Cooper Associates Wealth Management team.

  • Critical illness cover
    Critical illness cover

    A critical illness plan can provide a lump sum or monthly income in the event of you being diagnosed with a critical illness during the term of your policy. As a consequence of suffering a critical illness, individuals face big changes in their lifestyle. An inability to earn the same salary as before the illness, and the financial implications of home adaptations or medical treatment can cause financial difficulties. You’ve worked hard to achieve financial security but without adequate protection you could be taking unnecessary risks with your own and your family’s future financial wellbeing.

    Critical illness cover is perhaps the most valuable of all protection plans given that we are statistically four times more likely to suffer a critical illness than to die before retirement.

  • Income protection cover
    Income protection cover

    Your income is likely to be your family’s most valuable asset. Income replacement plans are designed to provide you with an income should you be unable to work for a prolonged period because of illness or injury.

    They are term plans, in that they will cover you for a specified number of years, and in the event of a qualifying claim the proceeds are paid until you are able to return to work.

    Why might I need it?

    For many, even a relatively short period of time without an income would cause financial difficulties and despite popular belief, state benefits aren’t usually sufficient to keep families afloat when illness or accident occurs.

    Protecting your income if you are unable to work is a vital part of protecting your family’s financial security, both now and in the years to come.

    Our advisers are authorised and regulated by the Financial Conduct Authority and follow strict codes of conduct, so you’re much better protected if you buy through an adviser than if you buy without advice.

Life cover
Critical illness cover
Income protection cover
Life Cover

Life assurance plans provide a lump sum on your death and come in two forms: term and whole-of-life. Term plans provide cover for a specified period of time whereas whole-of-life plans provide cover for as long as you keep up your premium payments.

Term assurance plans

Life cover pays out if you die during the term of your policy, and in some cases, if you are diagnosed with a terminal illness before the last 12 months of your plan. The specific reasons for taking out a term assurance plan vary from one person to the next but the most common reasons are:

• Mortgage protection
• Family protection
• Business protection

Whole-of-life plans

Whole-of-life plans are designed to cover liabilities that will arise on your death, such as an inheritance tax bill, or to supplement what you leave to your estate. For advice on this form of insurance please contact our Cooper Associates Wealth Management team.

Critical illness cover

A critical illness plan can provide a lump sum or monthly income in the event of you being diagnosed with a critical illness during the term of your policy. As a consequence of suffering a critical illness, individuals face big changes in their lifestyle. An inability to earn the same salary as before the illness, and the financial implications of home adaptations or medical treatment can cause financial difficulties. You’ve worked hard to achieve financial security but without adequate protection you could be taking unnecessary risks with your own and your family’s future financial wellbeing.

Critical illness cover is perhaps the most valuable of all protection plans given that we are statistically four times more likely to suffer a critical illness than to die before retirement.

Income protection cover

Your income is likely to be your family’s most valuable asset. Income replacement plans are designed to provide you with an income should you be unable to work for a prolonged period because of illness or injury.

They are term plans, in that they will cover you for a specified number of years, and in the event of a qualifying claim the proceeds are paid until you are able to return to work.

Why might I need it?

For many, even a relatively short period of time without an income would cause financial difficulties and despite popular belief, state benefits aren’t usually sufficient to keep families afloat when illness or accident occurs.

Protecting your income if you are unable to work is a vital part of protecting your family’s financial security, both now and in the years to come.

Our advisers are authorised and regulated by the Financial Conduct Authority and follow strict codes of conduct, so you’re much better protected if you buy through an adviser than if you buy without advice.

Cooper Associates Wealth Management’s advice is always excellent, their service second to none and their knowledge exceptional. I have total trust in them looking after my personal finances.

Jos Buttler – England Cricketer and Cooper Associates Group brand ambassador

Our Locations

Taunton (Head Office)

T. 01823 273 880

40 St. James Buildings,
St. James Street,
Taunton, Somerset TA1 1JR

Bristol

T. 01454 629 610

130 Aztec, Park Avenue,
Aztec West,
Bristol BS32 4UB

Cheltenham

T. 01242 569 853

Honeybourne Place,
Jessop Avenue,
Cheltenham GL50 3SH

Exeter

T. 01392 345 544

Regus Business Centre,
3rd Floor, The Senate,
Southernhay Gardens,
Exeter EX1 1UG

London

T. 0208 042 0310

30 Lombard St,
London,
EC3V 9BQ

Plymouth

T. 01752 746 848

4th Floor, Salt Quay House,
6 North East Quay,
Sutton Harbour,
Plymouth PL4 0HP

Reading

T. 0118 207 9319

1210 Arlington Business Park,
Theale,
Reading RG7 4TY