Protection

Protection

Protection

Loans Arena has access to a wide range of mortgage products, allowing us to source the most competitive mortgage options for our clients.

We help our clients with a wide range of needs, extending from first-time buyers to remortgage and investment purchases, as well as complex, special purpose vehicle trust structures. Loans Arena specialises in dealing with loans over £500,000.

With one of the largest mortgage networks behind us, we are perfectly positioned to meet the needs of our clients, sifting through thousands of available products, and identifying the most relevant mortgage solutions.

Loans Arena can recommend high-value mortgages from multiple lenders across the mortgage market, including those not available on the high street.

We deal with properties of considerable value and assist our clients with the right deal, saving them money and time.

There are varying forms of life or term insurance and they all share the following characteristics:

  • Sum insured is payable only on the passing of the life assured within the policy
  • If the policyholder lives to the end of the policy, the policy will lapse and there is no return payable.
  • Have a monthly premium

Term Insurance only provides protection and does not contain any element of investment. The policy is in place to repay the mortgage balance in the event of the life insured, passing.

Loans Arena will provide the right advice and discuss the mos relevant plan for your individual needs.

Payment Protection

The policy is designed to cover the borrowers mortgage payments for up to 2 years if they are unable to work due to accident or sickness. This type of policy does not provide life cover and usually allows more than one claim to be made provide the premiums are maintained.

Critical Illness Cover

This cover is now very common and is a vary valuable form of insurance for mortgages.

It is designed to pay a tax free lump sum on the diagnosis of any of the specified serious illnesses in the policy, allowing the insured person to use the lump sum to pay off their mortgage.

One of the main benefits of a policy is that it can be used to repay either the outstanding mortgage or replace lost income throughout the period of illness.

Critical illness insurance can be either stand alone or integrated within a life insurance policy. The benefit does not have to be repaid even upon full recovery, however it i only paid once. Upon payment, the policy will be cancelled.

Income Protection

This type of protection policy provides a monthly tax free income when the policy holiday is unable to work due to accident or sickness. It does not cover redundancy or unemployment.

There is no limit on claims whilst the policy is in place and can run until the policyholders retirement date. The policy is designed to replace a portion of lost earned income for a set period of time and the insurer can choose when the policy begins to pay out.

General Protection

Whether you are first time buyer, home mover or buy to let investor, protecting your home and contents is essential.

Being part of one of the largest mortgage networks in the country enables Loans Arena to not only source the right mortgage for your needs – we also offer an end-to-end service which includes your buildings and contents insurance requirements.

Loans Arena is able to recommend general insurance from one of the leading general insurance providers which enables us to provide our clients with a competitive quote. What is more, we do the research so our clients do not waste time on comparison sites searching for the right insurance cover.

Due to our vast experience in the industry especially for high net worth and ultra-high net worth clients, providing efficient solutions for their requirements is part of our brand identity.

 

Loans Arena act as a credit broker not a lender for buildings and contents insurance.

are you ready to apply?

We’re ready and waiting to field your enquiry, big or small, our brokers will find the right deal for you.

Very happy to have used Loans Arena for the refinance of my property investment portfolio. They were able to arrange one remortgage loan for all my properties at a competitive rate. Will certainly be using them again for future purchases.

R Souter
Surrey

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