Protection & Life Insurance in Greenwich

Protecting your home, income and family is just as important as securing your mortgage. At Mortgage Broker Greenwich, we help clients across Greenwich, Charlton, Deptford, and Blackheath borders explore life insurance and mortgage protection options that provide financial peace of mind — ensuring that if the unexpected happens, you and your loved ones are supported.

From simple life cover to more comprehensive income protection and critical illness plans, we’ll explain the differences, what each covers, and how they can fit around your current mortgage or family situation. Where regulated advice is required, we’ll introduce you to an FCA-authorised protection specialist who can make a tailored recommendation.

Why Protection Matters

• 🏠 Protect your home: Ensure your mortgage is paid off if something happens to you.
• 👨‍👩‍👧 Protect your family: Replace lost income and safeguard your loved ones’ lifestyle.
• 💼 Protect your income: Cover monthly bills if illness or injury stops you from working.
• ❤️ Protect your health: Receive a tax-free lump sum if diagnosed with a serious condition.

Types of Protection Available

• Life Insurance: Pays out a lump sum if you die during the policy term — often used to clear the mortgage balance or provide for dependants.
• Critical Illness Cover: Provides a tax-free lump sum if you’re diagnosed with a listed serious illness such as cancer, heart attack, or stroke.
• Income Protection: Replaces a portion of your income each month if you’re unable to work due to illness or injury.
• Family Income Benefit: Pays a regular income to your family rather than a single lump sum.
• Mortgage Payment Protection: Covers monthly repayments for a set period if you’re off work for medical reasons or redundancy.

Why Homeowners in Greenwich Choose Us

• ✔️ Clear explanations without jargon.
• ✔️ Access to a wide range of insurers and protection providers.
• ✔️ Flexible cover that adapts to changing mortgage terms and family needs.
• ✔️ Introductions to trusted FCA-authorised protection advisers.
• ✔️ Quick, friendly and local service across SE10 and surrounding postcodes.

Key Benefits of Having the Right Cover

• Financial security for your family if the unexpected happens.
• Peace of mind knowing your mortgage can still be paid.
• Helps maintain household bills and living standards.
• Protects both employed and self-employed individuals.

How the Process Works

1. Initial Discussion: We help identify what level of protection may suit your mortgage and family setup.
2. Introduction to Adviser: If regulated advice is needed, we refer you to an FCA-authorised adviser for a detailed review.
3. Quote & Illustration: You’ll receive clear examples of monthly costs and payout options.
4. Application & Underwriting: Quick and straightforward — medical questions completed online or by phone.
5. Policy Setup: Once accepted, documents are issued and cover begins immediately or on your chosen start date.

Example Scenarios

• 🧾 First-Time Buyer in Maze Hill: Life and critical illness cover aligned to a 30-year mortgage term.
• 🏡 Remortgaging in Kidbrooke: New joint policy arranged to match updated loan amount and term.
• 👶 Family in Westcombe Park: Family income benefit to maintain monthly household spending.

Important Notes

Protection products are not investments and do not have a cash value unless a valid claim is made. It’s essential to review cover regularly to ensure it still meets your needs as your mortgage or family circumstances change.

We only work with authorised firms and advisers who are regulated by the Financial Conduct Authority (FCA) to give formal protection advice and arrange cover.

Frequently Asked Questions

How much life cover do I need?

Many homeowners aim for a sum that clears their mortgage balance and provides additional support for dependants. An adviser can calculate this based on your income and debts.

Is protection mandatory when taking a mortgage?

No — but lenders and brokers strongly recommend it, especially if you have dependants or joint financial commitments.

What’s the difference between life cover and critical illness cover?

Life cover pays out on death, while critical illness cover pays out on diagnosis of a serious illness during the policy term.

Can I adjust my cover in future?

Yes, many policies allow changes if your mortgage, family, or financial situation changes.

Will health conditions affect my premium?

Possibly — pre-existing medical conditions may impact pricing, but specialist insurers can often provide competitive terms.

Get Started

Protect your home and family today. Send an enquiry and we’ll connect you with a qualified protection adviser to help you find the right cover at a fair cost.