Life can be unpredictable, and accidents can happen in the blink of an eye.  While we all hope for the best, it's crucial to have a safety net in place for the unexpected. This is where accident protection insurance comes in.

 

What is Accident Protection Insurance?

Accident protection insurance is a standalone policy that provides financial support in case you suffer a serious injury due to an accident. This can be a lifesaver, especially for homeowners with a mortgage.

Here's how it works:

• Lump-sum payout: The policy pays a lump sum benefit based on the severity of your injury. This money can be used to cover various expenses, including medical bills, lost income, or even modifications to your home if necessary.
• Peace of mind: Knowing you have this financial safety net allows you to focus on recovery without the additional stress of worrying about your mortgage payments.
• Flexibility: Accident protection plans come in various levels of coverage, allowing you to choose the one that best suits your needs and budget.

 

Why is Accident Protection Important for Homeowners?

Accidents can have a devastating financial impact. Here's why accident protection is particularly important for homeowners:

• Mortgage payments: A serious injury can mean missing work and losing income. Accident protection helps ensure you can meet your mortgage obligations even if you're unable to work for an extended period.
• Medical bills: Even with health insurance, accidents can result in significant medical bills. Accident protection can help bridge the gap and ease the financial burden.
• Modified living needs: Depending on the severity of the injury, you might require modifications to your home, such as ramps. Accident protection can help cover these costs.

 

Who Should Consider Accident Protection?

While everyone can benefit from accident protection, it's particularly important for:

• Young families: With young children around, the risk of accidents increases. Accident protection ensures your family is financially protected if the primary earner is injured.
• Self-employed individuals: Without the security of a regular paycheck, self-employed individuals are more vulnerable to financial hardship due to an accident.
• People with physically demanding jobs: Certain professions carry a higher risk of accidents. Accident protection offers valuable peace of mind in these situations.

 

Speak to us today!

Accident protection insurance is a valuable tool for protecting your financial security and your dream home. We’re here to discuss your individual needs and help you determine if accident protection is the right fit for you. Don't wait for an accident to happen – take control of your future and ensure your peace of mind. Let's work together to safeguard your biggest investment – your home.

Call us on 0345 2185211

 

Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Approved by The Openwork Partnership on 28/06/2024