OUR SERVICES
Protection
Our Protection Services
At Newquay Mortgage & Pensions, we believe protection is the foundation of a secure financial future. Whether you’re buying your first home, expanding a property portfolio, growing your business or planning long term for your family, the right protection ensures you and those you care about are financially supported when life takes an unexpected turn. We offer fully independent advice across the full range of personal and business protection solutions.
Personal Protection
Life Insurance
Life insurance provides a lump sum to your loved ones if you pass away during the policy term. It can help clear a mortgage, support your family’s living costs, or provide financial stability during a difficult time.
We advise on:
• Level term insurance
• Decreasing term insurance (often used for mortgages)
• Whole of life cover
• Family income benefit
Critical Illness Cover
Critical illness cover pays out a tax free lump sum if you are diagnosed with a serious medical condition as defined by the insurer.
This can help with:
• Private medical treatment
• Adapting your home
• Covering lost income or ongoing bills
• Protecting your family’s lifestyle
Income Protection
Income protection provides a monthly income if you’re unable to work due to illness or injury. It’s one of the most comprehensive and valuable forms of personal protection.
We help select policies based on:
• Your occupation
• Required monthly benefit
• Deferred periods
• Long term or short term claim periods
Family Income Benefit
Instead of a lump sum, family income benefit pays a regular, tax free income to your family if you die within the policy term. This is often a cost effective way to maintain ongoing household support.
Mortgage Protection
Mortgage protection ensures your home is still affordable if your circumstances change unexpectedly.
Options include:
• Mortgage life insurance
• Critical illness mortgage cover
• Income protection tailored to your mortgage payments
Later Life & Estate Protection
Over 50s Life Cover
A guaranteed acceptance policy designed to help with funeral costs or leave a small gift to loved ones.
Whole of Life Insurance
Lifetime cover used for estate planning, inheritance tax planning, or leaving a guaranteed gift to beneficiaries.
Business Protection
Protecting a business is just as important as protecting a home or a family, especially for business owners, directors, and shareholders. The loss of a key individual can have a significant financial impact.
We provide expert advice on all forms of business protection, including:
Key Person Insurance
Protects the business against the financial impact of losing a key employee or director through death or serious illness.
This can help cover:
• Loss of revenue
• Recruitment costs
• Loan repayments
• Business continuity expenses
Shareholder / Partnership Protection
Ensures the remaining business owners can buy back shares if a shareholder dies or suffers a critical illness, preventing shares from passing to beneficiaries who may not want (or be able) to run the business.
Solutions include:
• Life-only shareholder protection
• Life + critical illness protection
• Cross option agreements
Relevant Life Plans
A tax-efficient way for employers to offer individual life cover to employees or company directors. Premiums are usually allowable as a business expense, and the benefit is written into trust.
Ideal for:
• Small businesses without group schemes
• Company directors wanting tax-efficient cover
Business Loan Protection
Protects the business by covering outstanding business loans if a key individual dies or becomes critically ill.
This includes:
• Commercial loans
• Director loan accounts
• Overdrafts and finance agreements
Why Protection Matters
Whether personal or business focused, protection ensures that:
Mortgages
Pensions
Investments