Incidents can and do occur that can potentially destroy or severely damage your property.
With this is mind you need to be sure you are covered by the relevant insurance.
The policies available are combined Buildings & Contents or just Buildings or Contents whatever suits your personal requirements.
The policies cover a wide range of risks and can be tailored to your requirements.
Buildings Insurance is a requirement of the lender and needs to be in place at exchange of contracts.
If you are unable to work through Sickness, Accident or Unemployment how would you be able to afford your monthly mortgage repayments?
You may well be entitled to benefits from your employer but this is not always the case.
Before seeking advice it would be beneficial to confirm what your sickness entitlements your employer provides.
To protect you against this there are policies that provide Mortgage Payment protection with in built flexibility to enable the adviser to tailor the policy to suit your individual needs.
Your monthly mortgage repayments together with the associated costs can be covered and possibly extra cover for your normal monthly living expenses can be obtained subject to the insurers cover payment limits.