Loansure is designed to help you maintain your mortgage repayments and meet some other fixed expenses in the event that your pay is reduced due to an accident or illness.

The Main Features

•  Benefits are geared specifically to Police Sickness     Regulations.
•  Cover available for and tailored to serving Police     Officers and Civilians only
•  You select the monthly benefit to be insured, up to     £1,000 per month
•  Up to 24 monthly payments covered per claim
•  Proportional benefit paid if you find lower paid work     following medical discharge
•  Stress-related conditions included
•  Premiums collected by Direct Debit
•  Benefits start from the first day on which your normal     pay is reduced due to an accident, illness or injury
•  Cover can be taken for up to 50% above your     mortgage repayment (including any related life     insurance premium) to cover additional monthly     outgoings
•  No restriction on when you can apply for cover i.e.     you can apply at any time, not just when you have     taken out a new mortgage

Why do you need the cover?

Buying your own home will probably be the largest financial commitment of your life and you will rely on your present income to meet the monthly payments. If you had an accident or fell ill and were sick for more than 6 months, your pay could be cut by half. After 12 months absence, it may be cut to nil; you may even be medically retired.

Under these circumstances, Loansure can provide you with the protection you need to make sure you continue to meet your mortgage repayments, for up to 2 years. You can insure for an amount up to 50% above your monthly mortgage repayment, to help you meet other expenses such as Council Tax or gas/water/electricity bills.

How much does it cost?

The monthy cost of this cover is £2.90 per £100 of monthly benefit you select eg. for a total monthly benefit of £400, the premium would be 4 x £2.90 = £11.60 per month (inclusive of Insurance Premium Tax where applicable).

N.B. The above notes represent a brief summary of the terms and conditions of cover. For full details, reference must be made to the Certificate of Insurance, a copy of which will be made available on request.

TO APPLY NOW PLEASE CALL 01256 769 966

Stuart Harvey Insurance Brokers Limited are authorised and regulated by the Financial Services Authority

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