MORTGAGE PROTECTION
If you’re obtaining a mortgage, mortgage protection is likely your first introduction to life insurance. It’s a mandatory requirement for all mortgage borrowers. This policy ensures that your remaining mortgage balance will be paid off in the event of your death. Protect your loved ones from the financial burden of a mortgage in the event of your unexpected passing.
The premiums for mortgage protection are fixed at the beginning of the policy term, making them predictable and affordable. As your mortgage balance decreases over time, the amount the insurance company needs to pay out also decreases, resulting in lower premiums compared to traditional life insurance.
Mortgage protection is a simple and affordable way to ensure peace of mind.
Talk to us about the right cover for your needs.
LIFE INSURANCE
(LEVEL TERM)
Unlike mortgage protection, which decreases over time, level term life insurance provides a fixed payout, regardless of when you pass away. This means your family receives a specific amount, ensuring financial security even if you die in the final years of the policy. While slightly more expensive than mortgage protection, level term insurance offers the peace of mind that comes with knowing your loved ones are fully protected.
Need more information? Let’s discuss how level term life insurance can fit into your financial plan.
INCOME PROTECTION
Income Protection: A Safety Net for Illness or Injury
While mortgage and life insurance protect your family in the event of your death, income protection provides a crucial safety net if you’re unable to work due to illness or injury. By replacing a portion of your lost income, this coverage helps maintain financial stability during a challenging time.
Whether you’re the primary breadwinner or a dual-income household, income protection can be invaluable in ensuring your family’s financial wellbeing.
Talk to us about the correct level of cover for your needs.
OTHER PROTECTION PRODUCTS
Specified Illness Cover
This policy provides a lump sum payout if you’re diagnosed with a specific illness listed on your policy. It’s designed to help cover medical expenses or lost income during a period of illness.
Whole of Life Insurance
Often referred to as “funeral cover”, Whole of Life insurance is unlike traditional life insurance policies with a fixed term, whole of life insurance provides coverage for your entire life, as long as you continue to pay premiums.
Section 72 Whole of Life
This specialised policy helps your heirs cover inheritance tax on estates exceeding the current tax-free threshold. By pre-funding this tax liability, you can relieve your loved ones from a significant tax burden.
Life is Unpredictable
Life is full of unexpected twists and turns. While we can’t predict the future, we can safeguard ourselves and our loved ones with comprehensive protection. Our tailored protection services offer peace of mind in an uncertain world.
We believe in proactive protection. That’s why we schedule regular reviews with you to assess your changing needs and ensure your coverage remains aligned with your goals.
Lynx Financial Services offer regular reviews including:
- Monitoring market changes for potential cost savings.
- Updating your protection plan as your circumstances evolve.
With our expert guidance and personalised approach, you can rest assured that you, your family and business are protected against life’s uncertainties.
NEXT STEPS
Discovery Phase
Our process begins with a comprehensive understanding of your financial goals and the risks that could potentially derail them. Whether you’re looking to protect your business, income, or loved ones, we’ll work closely with you to identify the most appropriate protection solutions.
Research Phase
Once we’ve established your needs, we’ll conduct a thorough market analysis to identify potential product options. We’ll evaluate factors such as product features, benefits, cost, provider reputation, underwriting requirements, and customer service.
Your Path to Protection
After selecting the best option, we’ll guide you through the implementation process, which includes completing paperwork, providing underwriting support, and liaising with the provider on your behalf.
WHY CHOOSE US
FREE SERVICE
We’re focused on offering value for money and what’s better than that? Well, a service that is expert and free of charge! Our expertise and tailored services are offered at no charge to you. We’re compensated by the insurance company, allowing you to benefit from our guidance without any additional fees. We’ll always be transparent and ensure you’re getting the best possible financial product.
Expert Advice
Our expertise will help you navigate the complex world of protection. We’ll ensure you secure the most favourable terms and rates to suit your needs. This expert advice starts from the first interaction with us and continues into the future as your circumstances change. This ensures you have the right level of cover and pay for cover that counts!
Your Financial Compass
The world of finance can be overwhelming, filled with jargon and endless options. Lynx Financial Services has spent over two decades navigating this complex landscape, becoming experts in the various products, conditions, and benefits available. Let us help you find the best financial solutions for your unique situation.
Leverage Our Expertise
Benefit from our expertise and connections. We’ll leverage our relationships with lenders to secure you the most competitive rates and terms. Lynx Financial Services is here to help you save for today, tomorrow and for the unexpected. No jargon, no hidden fees, just plain talking, strategic financial advice.