At Alexander Rose Independent we aim to ensure that your partner and family are covered should the worst happen. We can ensure that your mortgage is covered in event of a death or serious illness. Insurance cover for short or long term injury and illnesses can ensure your financial commitments are met.
We all like to think we are invincible or ‘It wont happen to me’ but sometimes it does. Insurance products are the lifeboat you hope you will never have to use and enable you to be confident in the event of the unexpected.
Our Protection Options Include:
What is it?
A Term life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life. It covers you for a fixed period and pays out a one off lump sum if you die during the policy term.
With some term insurance policies you can add additional options, for instance critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.
Who is it for?
This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. As advisors we can help you find the plan that best meets your requirements.
What is it?
An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).
This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.
Who is it for?
This type of plan is designed for anyone whom is working (employed or self employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have. As advisors we can help you find the plan that best meets your requirements.
Critical Illness Cover
What is it?
A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.
Who is it for?
This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.
The quality of cover and the illnesses covered can vary significantly between different providers. As advisors we can help you find the plan that best meets your requirements.
There are many types of policies available, so to ensure you are getting the correct policy for your needs please contact us direct for assistance, or for a quote click here.
Buildings & Contents Insurance
Accident Sickness & Unemployment Cover (ASU)
Will of Testament
Buildings & Contents Insurance is administrated by The Source, an online sourcing portal. There are many types of policies available, so to ensure you are getting the correct policy for your needs please contact us direct for assistance.
For an 'On-Line' Buildings & Contents Quotation click on the 'Building and Contents' menu option under ‘Our Service’ below. Alternatively contact us direct.
We have many years of experience in the Financial Services industry offering mortgage advice in Norwich and throughout East Anglia. As Independent Mortgage Brokers, we are helping our customers benefit from our range of services. We focus on a face-to-face service, taking each client's situation into account. If you find daytime appointments difficult, evening appointments can easily be arranged in the comfort of your home. However, with an office in Norwich city centre and convenient parking nearby, you are welcome to arrange a daytime appointment if required. Whether you are a first time buyer venturing into the unknown and needing unbiased mortgage advice, or your current mortgage deal is coming to an end and you need to remortgage, or even an experienced landlord looking to review your Buy To Let mortgages, let us find the right deal for you.
The overall cost for comparison is 5.0% APR The actual rate available will depend on your circumstances. Ask for an illustration. The APR is variable and based on a usual case. A fee will be payable depending on your circumstances. An indication of the fee is 1% of the amount borrowed. Typically a fee of £299.00 will be charged. An early repayment fee maybe payable depending on the mortgage you choose. Adding existing debts to your mortgage will both extend the repayment term and increase the overall cost of the debt. Think carefully before securing other debts against your home. Your home maybe repossessed if you do not keep up payments on your mortgage. Alexander Rose Independent is a trading style of Independent Mortgages & Financial Solutions Ltd. Independent Mortgages & Financial Solutions Ltd is authorised and regulated by the Financial Conduct Authority No 480536.