Family Protection Overview
If you or your partner were to die, you might leave your loved ones facing financial difficulties unless you plan your finances. No-one likes to talk about it but it's a reality that your family could have to face. With life cover, your family gets a lump sum when you (or another person named on your policy) dies. This helps pay off such things as your mortgage.
If you were diagnosed with a critical illness, you may not be able to work again. This obviously presents a serious threat to your future income. Critical illness protection gives you a lump sum payment if you're diagnosed with one of a number of specified critical illnesses. The lump sum could take care of your mortgage and protect the long term security of your family.
This cover is for your income and means if you can't work for some time, your income doesn't stop. You may have an accident or miss work for several months (perhaps years) due to illness but if your income is protected, your plan will pay you a monthly income. Protection for your income means that you can concentrate on getting better without the stress or worrying about paying bills.
Your next steps
Call us on 0345 606 4488 to speak to an adviser and find out more.
Newcastle Building Society introduces to Newcastle Financial Services Limited (NFSL).
Newcastle Financial Services Limited is an appointed representative of Openwork Limited, which is authorised and regulated by the Financial Conduct Authority.