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Worried about your mortgage?

Simply consider the following information:

Key Considerations

90 families a day had their homes repossessed in 2000. The majority due to the financial problems associated with unemployment.
One in three people aged between 25-34 have experienced unemployment for a period in excess of one month.
Almost one in five working age households (3.4 million) have someone who is currently unemployed.
Today in Britain there are almost 1,000,000 persons who are registered as unemployed.
Every day 500 people in the UK become unemployed. 60% of unemployed men and 45% of unemployed women will be out of work for six months or more.
Every adult in Britain is five times more likely to suffer a serious disability than die before the age of 60.
Today in Britain, 2,900 people will start claiming state disability benefits.
1,800,000 people in Britain are already disabled and have been unable to work for 12 months or more.

What about state help?

You can no longer rely on the Government. State benefits for a single person are currently under £60 per week. Could you manage on that? The typical state benefit for two adults with two children is £96 per week; the maximum is £134 per week. Could you support your family on this?

Since October 1995 new mortgage borrowers will receive no state help for the first nine months of unemployment or disability. Existing mortgage borrowers receive nothing for the first two months, only 50% for the next four months and then full benefit for mortgages of up to £100,000 provided they qualify for Income Support. The Government themselves estimate that 70% of mortgage borrowers will not get Income Support due to savings, income, or a working spouse or partner.

In 1998 alone, the introduction of a new incapacity criteria resulted in 102,000 claimants being turned down for state benefit. An independent doctor (not your own) will carry out your assessment and you must be incapable of doing any work, not just your normal job, to qualify for state benefit.

Cashsafe Limited have searched the market to bring you one of the best value protection products, just click the button below and simply fill out the brief form for an instant no obligation quote!

Three flexible cover options are available:

Accident, sickness, hospitalisation and unemployment cover

Accident, sickness and hospitalisation cover

Unemployment and hospitalisation cover only

The policy is not just linked to a mortgage but will cover Mortgage, Rent, Council Tax Payments, Utility bills, HP/Loans and Credit Cards, Insurance Premiums and School Fees.

Facts on our CETA Safeguard

Cover is available for 12 or 24 months
Maximum sum insured £2,500
No excess period. Back to day one cover on all options, paid on the 30th day following date of claim
Immediate unemployment cover if switching from another monthly paid policy
Cover is available for new and existing
Self employed contract workers
Excellent claims service
One of the lowest premiums around. ONLY £4.95 per hundred including IPT for full ASUH back to day one cover.
Separate Accident and Sickness and Unemployment covers are available back to day one the unbelievably competitive rates
Indemnity Commission at 27.5% of 1st years premium
Commission payable every annual anniversary

Eligibility for CETA Safeguard Payment Protection

Your client must be aged between 18 and 64, in permanent gainful employment for 6 months immediately prior to the start date of the policy.

They must also be resident in the UK.

They must not be aware of any impending job loss affecting their employment.

Start of CETA Safeguard cover Accident, sickness and hospitalisation cover starts form the date shown as the 'start date' on the schedule of insurance (sent to the client with their policy).

Premiums are paid by Direct Debit and are taken on or just after the 15th of each month.