Insurance Protection & Payment Support

Thinking about the consequences should anything happen to the main breadwinner is not something any of us want to contemplate. However, it is important when arranging your mortgage to take the time to protect you and your family should the unthinkable happen. Simply put protection products are policies that are arranged to provide you and your family with either a lump sum or a regular income should you become seriously ill, or in the event of your death.

We have listed some of the most popular types of insurance below:

Life Insurance

Life insurance, also known as term insurance or life assurance will provide a sum of money in the event of death during the term of the policy. This cash lump sum is paid tax free and can be used by your dependents however they choose. Life insurance can be used to cover a mortgage, other loans or to ensure that your family is protected from the effects of having to repay a debt.

Critical Illness Cover

A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. This type of plan is designed for those individuals or families who want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work.

Income Protection

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).

Family Income Benefit

Family Income Benefit is a life insurance policy which is set for a period of time known as the term. If you die within this period, the policy will pay out a regular tax-free income until the end of the term. For example, if you have a 20 year policy and die within 5 years the policy will pay out the remaining 15 years.

FOR MORE INFORMATION ON WHICH PROTECTION POLICY BEST SUITS YOUR NEEDS CALL OUR EXPERT TEAM TODAY.

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What Our Clients Say

Jake Lawrence
Jake Lawrence
2021-04-05
Richard helped us every step of the way, explained everything thoroughly, answered every question we had and kept us well informed at every opportunity. Me and my partner would highly recommend Richard to assist anyone with their finances!
Scott Thompson
Scott Thompson
2021-01-22
Professional service very good communication throughout the entire process. Would highly recommend them to any first time or buyers and or buryers in general.
Aaron
Aaron
2021-01-19
Fantastic service from start to finish from Richard. We didn’t feel stressed at all through the process as Richard was always on hand to give advice and support on both mortgage and insurance matters. I have already recommended Richard to my family and friends and will be using them again in the future.
Barrie James
Barrie James
2020-11-19
I was Very happy the mortgage advise I received, the staff member I dealt with Richard was extremely helpful pleasant and went out of his way to help me with my mortgage. Would recommend to anyone.
Katelyn
Katelyn
2020-11-03
Richard was very helpful. The service we got from him was excellent, he explained everything throughly to us which really helped. I would highly recommend him.
Sean Austin
Sean Austin
2020-11-03
Really helpful and understanding and go out their own way to help you
Dave McCourt
Dave McCourt
2020-11-03
First class service. Richard was more than helpful. Extremely efficient and always kept me well updated throughout the process and explained everything clearly. I wouldn’t hesitate to use or recommend this company and Richard again
Zoe Stephenson
Zoe Stephenson
2020-10-04
We remortgaged with Three rivers financial and Richard and the team did a fantastic job in finding the right one for us. Would highly recommend them.
Sara Kemp
Sara Kemp
2020-10-01
Richard has been absolutely fantastic through our COVID mortgage journey and has really thought outside the box to find us solutions! Would 110% recommend.
Mal Law
Mal Law
2020-09-29
We used Three Rivers Financial to source and organise our mortgage. We are not getting any younger and it’s hard to get a mortgage as you get older. However, Three Rivers Financial came up with a perfect solution for us. I’d just like to say a huge thank you and would strongly recommend this team.
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