Risk Protection Advice from Lucra Ltd in Bromley and Sutton
Lucra Ltd in Sutton, Surrey and Bromley, Kent believe providing risk protection advice and financial reassurance for you and your family is very important. Lucra Ltd specialise in providing risk protection advice from their Sutton and Bromley offices and designing insurance solutions that will protect you and your family against the financial risks associated with losing your job, your health or your life. We’re also able to help you arrange insurance cover for your home.
Many companies offer what appears to be “value for money” if you buy direct. Buying contracts in isolation can duplicate cover, cost you money and leave you exposed in some areas. So we’ll analyse your whole position, including any work benefits before we recommend.
We’ll also help you arrange and maintain a legal Will. It’ll give you the comfort of knowing your money will pass to those you care about. If you don’t have a Will, the State decides.
Life assurance
As a minimum, life assurance would typically be taken out to ensure the mortgage is fully repaid on death rather than the property having to be sold to repay the outstanding debt. In addition, you can also take out family protection to cover the loss of earnings to give you extra peace of mind.
Critical illness
The inability to repay a mortgage or maintain a lifestyle for you and/or your family may also occur should you become seriously ill. Critical illness cover will pay out a lump sum which can then be used to repay your mortgage, replace a valuable income, or support any other expenses such as long term care, subject to a valid claim.
Income protection
You can protect your income in the event of you not being able to work due to an accident, illness, or unemployment. Any of these circumstances could result in mortgage payments being missed. Our advisers will explain how income protection can be tailored to your individual circumstances such as ensuring the policy complements the cover that may be provided by your employer, and/or budget restraints.