Redundancy Cover

Taking out a mortgage can be slightly scary, especially if it’s your first time, or if it involves a substantial step up. It’s always a bit more than we budgeted for, and things can be tight for a while.

Eventually, rising prices, inflation and increasing salaries combine to help us feel more comfortable.

However, this process is very dependent on our income continuing to hit our bank accounts each month. If that stops, then most of us will start to feel the pinch after a month or two.

In these days of ‘Flexible Employment’, Redundancy is a possible threat to that income.

State benefits will help for some, but cannot begin to fill the gap for most.

Redundancy Cover can be a real ‘Parachute’ at times like this. By paying a predetermined figure, it allows the mortgage and associated costs to be paid. This allows many to look for their next career move in a more relaxed way, knowing the main bills are covered.

Please contact us for a quote. It may be less than you think.