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You can’t afford to take a chance with your home – make sure you get independent advice that you can trust. We offer a personal and professional service to help you find the best possible mortgage to meet your requirements.
Oakmeade Financial Services specialize in providing independent mortgage and protection advice. We are based in Gloucestershire and offer our local clients either a face-to-face service or a telephone and internet service. However you prefer us to work together, you can be sure of receiving a personal and highly professional service.
Click Here to arrange contact with one of our Independent Mortgage Specialists
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Unemployment or Redundancy Cover
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What is it?
An insurance policy that pays a monthly sum so that your mortgage should not fall into arrears if you become unemployed*
Why do you need it?
If you become unemployed and it could take a number of months for you to find alternative employment, what would you do for income in the meantime?
Do you have savings which you can use until you find a new job?
You may be able to claim Jobseeker’s Allowance which is currently £60.50 per week.
If you don’t have sufficient savings and would be unable to meet your commitments from receipt of Jobseeker’s Allowance, you should consider taking out unemployment cover.
Options
The payments under the plan can continue for a maximum period of either 12 or 24 months.
An Accident, Sickness and Unemployment plan allows you to make a claim either if you become unemployed or if you are unable to work through illness.
* Restrictions may apply for some occupations and cover is not available if your employer has indicated that redundancies are likely to occur.
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