Safeguard Your Financial Future With Income Protection Cover
If you have financial commitments, income protection cover can provide reassurance by ensuring you're covered in case of the unexpected. Partner with Beechwood Mortgages to find the right insurance policy tailored to your circumstances and protect your regular income now!
Securing Your Income: Financial Support During Uncertain Times
SELF-EMPLOYED
Do you manage your own business? Learn how self-employed income protection insurance works.
INSURANCE QUOTES
Use our team of insurance experts to get competitive policy quotes. We help you find the right income protection policy to safeguard your reguar income, providing key details on monthly payments, the claims process, and deferred periods.
INCOME PROTECTION COVER
Explore the most competitive income protection policies available on the market today.
IMPARTIAL ADVICE
By collaborating with several trusted insurance providers, you can feel assured in seeking our guidance.
Discover the Perfect Coverage for Your Current and Future Needs
Collaborating with our friendly team provides access to various income protection cover options, ensuring you receive the right financial support and sick pay if you're unable to work due to illness or injury.
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​As with all insurance policies, conditions and exclusions may apply.
What type of cover do you need?
If you are an employee, you may be able to claim sick pay, depending on what your employer offers, so your insurance needs may be less. It is important to understand what cover you may already have as this can influence our recommendation. Income protection is also available if you are self-employed. Whatever your employment situation, you can take out policies to protect against the effects of suffering an illness or injury.
Prepare for tomorrow
We all want to make sure we’re prepared for whatever the future may throw at us. Income protection insurance can be an essential part of proactive planning, ensuring you can continue to pay your mortgage and bills should you lose your income as a result of illness or injury. Working with our team of advisers can help you find the most suitable policy for your needs.
Amount of cover
The amount of cover you need to apply for depends on your personal circumstances. Factors like the amount of savings you have, whether you have dependents and the type of policy you want will all impact what you need and the accompanying price. If you’re unsure of the suitability of a policy, please contact an adviser for help.
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Do all mortgage brokers charge fees?No, not all mortgage brokers charge fees, and Beechwood Mortgages is proud to be offering fee-free mortgage services to first time buyers in 2024. (terms & conditions apply) As a mortgage broker, we earn our fees directly from the lender, so in most cases you don't have to worry about paying any additional fees for our assistance. We are committed to helping you find the best mortgage deal without adding any financial burden. Our goal is to make the mortgage process as transparent and cost-effective as possible for our clients. Check out our full fat version Do All Mortgage Brokers Charge Fees? for a complete rundown on broker fees and what to look out for.
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What does a mortgage adviser do?A mortgage advisor will do the leg work for you, offering in-depth knowledge of the property lending market, helping you overcome challenges, and offering exclusive access to a database of banks and building societies. What's more, they offer a level of support that streamlines the entire process. You can learn more by visiting our article, Benefits of Working with a Mortgage Broker.
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How can I get the best mortgage advice?You can seek advice on mortgages directly from lenders such as banks or building societies. Alternatively, you can go to a whole of market mortgage advisor or broker who will search and compare numerous products at the touch of a button. Check out Benefits of Working with a Mortgage Broker for more information.
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Is mortgage advice free?The cost of mortgage advice depends on the terms and conditions of the broker / adviser you are working with. Many mortgage brokers will charge for their services and the amount payable will usually depend on your requirements, their own workload and perhaps on the value of your mortgage. We offer a free consultation every time and will quickly confirm if there will be any charge for our services and support. In the majority of cases, we will receive a commission from the lender once a mortgage starts. It’s important for you to clarify terms and conditions with mortgage advisers from the start so that you are aware of any charges and financial responsibilities you may incur. Check our Fees page for a full rundown on broker fees. You can also visit our page Do All Mortgage Brokers Charge Fees? for further information.
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Do banks charge for mortgage advice?No, banks will not charge an advice fee. You do however need to remember that they will only recommend their own specific products. All lenders charge varying fees and this will be no different if you work with a mortgage broker. Whole of market mortgage advisors / brokers are more likely to provide an impartial perspective on the most suitable and competitive mortgage products and via a huge variety of lenders. Many brokers will charge a fee, for more information check out our article, Do All Mortgage Brokers Charge Fees?
