Life can be unpredictable and ensuring financial security for you and your family should be the top of your 2025 to-do list. One way to protect you and your family is through protection insurance. Whether you are a homeowner, a parent, or simply looking to safeguard your future, this type of coverage is part of a well-rounded financial plan.
What is Protection Insurance?
Protection insurance is designed to provide financial support in challenging times. It can cover unexpected events such as illness, job loss or death ensuring that your loved ones are taken care of and your financial commitments are met. For homeowners, it’s especially important to secure your mortgage payments, so your family isn’t burdened if the unexpected happens.
Types of Protection Insurance
There are several types of protection insurance, each for specific needs:
- Life Insurance
- Provides a lump sum to your family in the event of your passing
- Ensures mortgage payments and family expenses are covered
- Income Protection
- Replaces a portion of your income if you are unable to work due to illness or injury
- Offers long-term support to maintain your lifestyle
- Critical Illness Cover
- Pays out a lump sum if you are diagnosed with a serious illness like cancer or heart disease
- Helps to cover medical costs or allows you to take time off work to recover
The policies have unique benefits and can be bespoke to fit your individual circumstances.
At our Surrey-based office, we believe that one size doesn’t fit all. That is why we work closely with our clients to create bespoke protection plans. We can help you if you are a young family securing your first home or if you are looking to secure financial stability during retirement. We can protect mortgage payments with the right coverage, a financial cushion for your family or prepare you for unexpected events without having to compromise on your goals in the meantime.
Peace of Mind in Action
One of our clients, a couple in Surrey, found themselves in a difficult position when the husband was diagnosed with a critical illness. Thanks to the critical illness cover that we had arranged, they received a lump sum that not only paid off their mortgage but also covered living expenses during his treatment. This allowed the family to focus on recovery with any financial stress.
Take Action With Protection Insurance In 2025
Now is the time to assess your protection needs. Do you have the right coverage in place? Are your current policies aligned with your financial goals?
At Resolve, we offer a ‘free 30-minute consultation’ to help you evaluate your protection options or review existing policies. Contact us today to book your consultation.
Please note: Your home maybe repossessed if you do not keep up repayments on your mortgage. Protection plans typically have no cash in value at any time and cover will cease at the end of the term. If premiums stop, then cover will lapse. Cover is subject to terms and conditions and may have exclusions.