Our advice and recommendation service extends to the following general insurance products*:
- Mortgage Payment Protection Insurance
- Buildings Insurance
- Contents Insurance
Mortgage Payment Protection Insurance
Mortgage Payment Protection Insurance protects your mortgage repayments in the event that you are not able to work due to accident, sickness or unemployment.
We can arrange this type of insurance for you and explain what it does and how it works.
Buildings Insurance
When you take out a mortgage, the lender will require that you have adequate buildings insurance, which insures the property against damage.
If you are buying a freehold property then it is your responsibility to organise this cover yourself. If you are buying a leasehold property (most flats tend to be leasehold) then it is the freeholder's responsibility to arrange it, so make sure that this has been done.
We can arrange this type of insurance for you and explain what it does and how it works.
Contents Insurance
Contents insurance is often sold alongside buildings insurance. Lenders do not require borrowers to take out contents insurance, however, it is highly recommended that you do.
We can
arrange this type of insurance for you and explain what it does and how it
works.
*Pink Home Loans provides advice on general insurance products from a single provider, Paymentshield.