01242 771 771

01242 771 771

Why do I need protection?

Planning for the future to protect you and your family

Income Protection

An Income Protection Policy is one of the most important insurances that you can consider, as without your income, your life style could change dramatically. What would you do if you could not work due to disability or ill health? If you had a reduced income, how would you pay your bills? Could you survive on State Benefit alone?

An Income Protection Policy is designed to protect your income if you are unable to work as a result of disability or ill health. You can choose between plans that have a cover term of 1, 2 , 5 years or full income protection to retirement. Upon a successful claim the plan would pay out a monthly tax-free income after a specified deferment period, for your chosen term, helping you recover and return.


Life Insurance

Life Insurance policies pay out if you die within a specified period. This is usually the cheapest way to provide financial protection for your family in the event of your death.

Coming to terms with the loss of a loved one is never an easy thing to do and adding financial burden to the grief can make coping increasingly difficult. Life insurance on its own is a relatively cheap way to overcome this problem and receiving a lump sum of money can help to support your family or even a business partner after you die. Some of the reasons to take out life insurance could include: 

  • Repaying the mortgage or any lending commitments
  • Providing additional cover to protect the family
  • Provide cover for education expenses

Whatever the reason it is important to ensure your family can maintain the standard of living to which they were accustomed.


Critical Illness Cover

Critical Illness cover pays out a lump sum on the diagnosis of a critical illness as defined by the provider. These may include such conditions as a Heart Attack, Stroke or various forms of Cancer.​

A critical illness policy pays out a lump sum should you be diagnosed with a serious illness that may prevent you from working again. This would ensure that any financial commitments could be repaid, or it could help fund the cost of specialist treatment or drugs to help the condition. For single people with no dependants, critical illness cover that pays off the mortgage is more important than having life cover, as it means you have fewer bills or a lump sum to play with if you are very unwell. It is also advisable if you are part of a couple as it will provide a welcome financial boost at a time of emotional stress and financial hardship. The majority of critical illness providers will also include children’s critical illness cover at no additional cost to provide additional cover for all of the family.

Ben Smallman
Ben Smallman
15:51 18 Feb 21
Terry is an amazing guy and delivers amazing professional standards across the board whilst delivering that personal... interest. He knows what he is doing and I cant fault him or his company to the commitment and detail to his clientsread more
Jax Mosley
Jax Mosley
15:16 18 Feb 21
Fabulous service again from Terry at IMS. He provided a fast and efficient service securing us the product that was... right for us with minimum hassle. We couldn’t recommend him more highly which is why we keep going back, this is the 6th mortgage he has arranged for us.read more
Jason Hock
Jason Hock
18:04 12 Feb 21
IMS have been looking after my mortgage requirements for over 15 years and in that time have completed at least 20... mortgages for me including personal, buy-to-let and limited company buy-to-let mortgages. IMS are experts at what they do and make the mortgage process simple and straightforward. They always look for the best deal based on individual requirements rather than how much commission they earn from lenders. One example is that IMS told me the best deal was to stick with the existing lender for a remortgage even though it meant IMS earned no commission or fees at all. I commend this exceptional level of honesty. I highly recommend IMS for anyone looking for a mortgage..read more
Ryan Carter
Ryan Carter
19:49 10 Feb 21
Excellent service, Terry helped us get a great deal on our house purchase and made the process quick and simple for us.
11:54 11 Sep 19
I have known and dealt with IMS for a number of years and always find the advisers friendly and helpful. If you need a... mortgage or insurance policy then IMS can arrange it for you.read more
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IMS - Insurance and Mortgage Services Ltd is authorised and regulated by the Financial Conduct Authority. FCA Registration number 300993

Registered Address Applegarth, The Reddings, Cheltenham, GL51 6RL

Registered in England & Wales No: 4496808

The guidance and advice contained within this website is subject to the regulatory regime and is therefore primarily targeted at consumers based in the UK

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