Why is it important to have a protection review?

At the time you completed your mortgage, you probably took out life cover to protect your original mortgage.

Please do not think that you do not need to review this and have another conversation because your circumstances may have changed, and new policies are more competitive may have enhanced cover, including children’s critical illness.

Here are 5 top reasons to review your protection needs.

  • You might be raising more funds on your mortgage and your original cover does not meet the increased amount or term, therefore there may be a shortfall.
  • Your job or income has changed, you may be earning more and changes to your work-based benefits, you may have gone self-employed and do not have the luxury of sick pay. What would happen if you were sick, and unable to work?
  • You have had children, it is expensive to raise children, there are policies like family income benefit to help you pay the bills if the worst were to happen.
  • Your health and lifestyle may have changed, you have improved health, stopped smoking or new medical conditions, it is more important to take out cover now.
  • Insurance providers are now offering more benefits and encouraging you to live a better lifestyle to hep you stay healthy. They offer additional support for mental health, physiotherapy and provide second opinions.

Can you afford not to take out protection cover?

Mortgage Protection

(c) Ann Evans of Immediate Mortgage Solutions

Website by RH Elite Services



This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity. Please note if we recommend a Product Transfer with your existing lender then no mortgage advice fee will be payable, we receive commission from the provider.

Immediate Mortgage Solutions Ltd is an appointed representative of Mortgage Advice Bureau and Mortgage Advice Bureau Limited which are authorised and regulated by the Financial Conduct Authority. Immediate Mortgage Solutions Ltd is registered in England & Wales no. 08390051. Registered office: 1623 Warwick Road, Knowle, Solihull, West Midlands, B93 9LF.

The guidance and/or information contained within this website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. This website is intended for people over 18 years of age who are resident in the UK only.

The website and the information contained therein should not be regarded as an offer or solicitation to conduct business in any jurisdiction other than the UK. These pages provide generic information about various aspects of financial Conduct advice that we provide. We hope they are helpful to you but they do not on their own add up to recommendations and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. Contact us for further advice to enable you to make an informed decision based upon your individual circumstances.