These figures are intended as a guide only. The actual amounts will depend on your personal circumstances and could be more or less than shown. | |||||
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| Insurances |
Things to consider when protecting your new homeWhat happens if you are made redundant? Would you find another job quickly? What would happen if you are unable to work due to incapacity caused by ilness or injury resulting in a loss of earnings? Do you have cover available though work and if yes, how long for? If you are diagnosed with a critical illness the last thing you need to worry about is your monthly mortgage payments. If you died, would you want the mortgage paid off in full leaving no outstanding debt to your partner? The policies you need to consider to protect your home are: Accident & Sickness cover Unemployment cover for up to 12 months Life & critical illness cover for the full mortgage amount Buildings & Contents Insurance Your APH adviser will explain these protection policies to you in more detail and recommend a protection package tailored to your personal circumstances. For insurance business we arrange policies exclusively through Legal & General. For more details on each type of plan, click on the links next to 'Insurances' APH's typical fee for arranging your mortgage is £250, however depending on your circumstances, a fee of up to 1.5% of the mortgage amount may be chargedYOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. |
