As long as you are 60 years old or younger, then you can select to insure your loan payment against the risk that you are unable to make your loan repayments because of: accident, sickness or un-employment. Again with life assurance, as long as you are under 60 years old you can select to insure your loan payment against the risk that you or your partner might die before the loan is repaid.

We strongly recommend that you take out this insurance. You can select to cover both yourself and your partner if you are working. With all of the cutbacks in benefits announced by successive governments you can no longer rely on the state to support you. This insurance covers all eventualities that may cause clients to get into difficulties.

Furthermore the cost is not expensive and is included in your loan repayment. Most of us insure all our major expenditures such as our house and car so in our view it makes sense to insure your loan. An accident or sickness can happen to anyone at anytime. In the eventuality of it happening to you, make sure that you and your family are protected.

There are no medical forms to fill in or medical examinations to attend. If you are unlucky enough that you need to make a claim then after a qualifying period the insurance company will pay the lender directly to make things as easy as possible for you in what may be a difficult time.