Protection
Peace of mind comes
from knowing
they’re protected
Family and loved ones – that’s what’s important in life. And so is knowing that they’ll be looked after financially if anything happens to you.
We can help you make sure your loved ones
have that protection. Whether it’s helping
to pay off the mortgage or by putting
safeguards in place in case you’re diagnosed
with a critical illness, there could be a product to suit your needs.
Make sense of protection Cover
There’s a whole range of products available,
from life insurance, right through to critical illness plans.
Many of them provide safeguards for a ‘set’
period – some will provide an income, others
a lump sum. It depends on your individual
needs.
Life Insurance
Level Term Insurance
Term Assurance can help protect your loved ones' financial security by paying out a cash sum if you should die during the term of the plan.
Mortgage Life Insurance
If you have a repayment mortgage, you can
arrange life cover that’s specially designed to
pay off the outstanding debt if you die during
the term of the plan.
Critical Illness
A critical illness plan pays out a guaranteed cash sum if you're diagnosed as suffering from a specific critical illness, within the term of the plan.
Not all forms of critical illness are covered in all plans. It's worth speaking to one of our Financial Consultants to discuss a plan that meets your needs.
Repayment Mortgage Cover
Mortgage Care, provided by Cardif Pinnacle, is the Cheshire's mortgage payment protection insurance scheme developed specifically for our borrowers. It is designed to help meet your monthly mortgage payments when you are off work through accident, sickness or unemployment for a specified period of time. The scheme can also cover other financial commitments up to an additional 20% of your monthly mortgage benefit.
Cheshire Building Society is authorised and regulated by the Financial Services Authority (registration number 206102).
