CPT Mortgages

CPT Mortgages

Income Protection

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to accident or sickness. These types of plans continue to pay an income as long as you are unable to return to work until you return to work, your death or the end of the policy term. It is possible for it to pay out for a shorter term if you select a limited cover option.

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).

Importance

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 qualified specialist advisers we can help you find the one most suitable for your requirements.
What can I cover with income protection?

When you buy income protection you can choose what outgoings you would like a policy to cover. This can include your income, your mortgage or rent costs, loan or credit repayments, or other expenses such as household bills or childcare fees. 

You will also need to decide how long you would need the money to be paid out for. There are long and short-term policies to choose from and you’ll usually need to choose between the money being paid out for a set period of time, two years for example, or until you retire.  

There are other types of financial protection available too.  

  • Payment protection insurance (PPI)* will cover all or part of the repayments for outstanding loans if you stop earning. The payout you’re entitled to is determined by your outstanding debt.   
  • Mortgage payment protection (MPPI)* will cover part or all of the cost of your mortgage payments if you can’t work. Monthly benefits are based on your mortgage repayments and some policies can continue to pay out until the date that your mortgage is paid off. 

 

Flexible Appointments

We understand in this modern world life is no longer 9-5 so we offer flexible appointments to suit your needs.

Our Advice

Our initial meeting is free of charge. There is no obligation to use our service. We will only charge if you decide to go ahead and use our services.

The right Mortgage

We will make a full assessment of your needs, priorities and goals and then recommend the right mortgage for you

The right Protection

Having gathered all the information about you, your circumstances and your home, we will provide advice and recommendation on the right protection for you.

Getting you there

We are not just here to arrange your mortgage and protection. We will support and guide you through the home buying process right up to the day you get your keys

The future

We will be here to provide you with help, guidance and advice from re-mortgaging to home moves in the future as your circumstances change.

Contact
Mortgages
Insurance & Protection


If you are experiencing financial difficulty and struggling to make repayments, then you can contact your lender who may be able to help taking account of your individual circumstances.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

You may want to contact one of the free impartial money guidance and debt advice services such as StepChange, Citizens Advice, or Turn2Us.

Scroll to Top