Why Protection Is Important
Put simply, protection insurance provides financial security to you or your family in a time of need. The main categories of protection are life insurance, critical-illness cover and income protection. All three areas provide peace of mind to an individual and their loved ones so that in the event of something unfortunate happening, there is protection in place to cover the financial burdens.
There are many reasons someone takes out a protection insurance policy. Many evaluate their needs after big events, such as obtaining a mortgage or having children. However for others reasons may be knowing their debts could be cleared and not passed onto others in the event of their death. Whatever the reason, understanding all your options and figuring out which is the best option for you is key.
Whilst life insurance is common in the UK, critical-illness cover and income protection are less so. Critical-Illness cover provides you with reassurance that should you be diagnosed with certain illnesses or disability, a lump sum of money would be paid to you. Income protection insurance provides regular payments which cover part of your salary in the event you become unable to work due to an accident or illness.
Getting the right advice from a knowledgeable protection advisor is extremely important. Our advisors will be able to advise you on all the available options and which would be best suited for your requirements and needs.
Start My ApplicationThere are many reasons someone takes out a protection insurance policy. Many evaluate their needs after big events, such as obtaining a mortgage or having children. However for others reasons may be knowing their debts could be cleared and not passed onto others in the event of their death. Whatever the reason, understanding all your options and figuring out which is the best option for you is key.
Whilst life insurance is common in the UK, critical-illness cover and income protection are less so. Critical-Illness cover provides you with reassurance that should you be diagnosed with certain illnesses or disability, a lump sum of money would be paid to you. Income protection insurance provides regular payments which cover part of your salary in the event you become unable to work due to an accident or illness.
Getting the right advice from a knowledgeable protection advisor is extremely important. Our advisors will be able to advise you on all the available options and which would be best suited for your requirements and needs.
Frequently asked questions
Here’s a few frequently asked questions about protection
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Protection
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Why Nesto?
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Step 1
We Learn About You & Your Property
Send us details about you and your property so we can get started. It takes less than 2 minutes and doesn't affect your credit score.
Step 2
Match with an Expert and Explore Your Options
Get matched with an expert who has previous experience dealing with situations like yours. They'll then help to create your application and discuss your options.
Step 3
Search Thousands of Mortgages On Your Behalf
Our Partners have access to thousands of mortgage and protection products. Our teams expertise and knowledge help our customers navigate these options to find an offer that's right for them.
Step 4
Secure your Deal and Get You into your Home
Your dedicated specialist will do all the hard work whilst you track your mortgage application in our customer portal. We're available 7 days a week for any additional support you ever need too.
Step 5
Then Track your Mortgage Daily for Better Rates
After we've helped you find the best deal, our innovative mortgage tracker ensures you're always on the best rate available for yourself until your remortgage.