Life Assurance

Life cover gives you the peace of mind that your loved ones will be provided for in the event of your death. No-one likes to consider the worst case scenario. At Cornerstone, we are able to provide financial protection to assist in the event death or critical illness. Mortgage life assurance allows any outstanding mortgage payments to be paid off in full should you die before the end of the term. This means that your dependents will not have to finish the mortgage payments in the event of your death.

Buildings & Contents

From floods and fires, to burglary and vandalism, there are risks to your possessions and your home that can cost thousands unless you are covered with a suitable building and contents insurance policy. Building and contents insurance can be taken out either as combined cover, or separately. Different insurance providers offer different benefits, but most will cover you for such things as fire, theft, flood or damage.

Income protection

Income protection will provide you with a monthly income in the event of an unforeseen sickness or accident in your life, helping you keep up with mortgage or any other loan repayments. Simply put, income protection offers borrowers the security of knowing that their essential repayments will be made if their life takes an unpredicted turn. For example, if you’re in an accident and are temporarily made immobile, a lack of comprehensive income protection cover could mean that you’re forced to rely solely on state disability benefits which are unlikely to be enough to keep up with your mortgage repayments. Income protection plans, however, will provide you with a tax free monthly payment until you’re able to work once again. Other income protection plans even allow for cover up to retirement age.

Business Protection

Business protection is all about insuring for the unexpected. It’s a way of protecting all types of business if something goes wrong. Business protection can help make sure the business continues to trade and allows the owners to maintain control while making sure dependants receive fair value for their share of the business.