Protection with
Digby Associates
Life doesn’t always go to plan, but having the right protection in place can make a real difference. Whether you’re looking to protect your income, your home or your family, we’ll help you take a clear, considered approach.
We help you protect your income so you can maintain financial stability if you are unable to work. Income protection can provide regular financial support during periods of illness or injury, helping to offer reassurance when it may be needed most.
We help you consider cover that could replace part of your income, support essential living costs, and help you continue to meet financial commitments while you are not working.
For many people, employer sick pay or personal savings may only provide support for a limited period. If you are unable to work for longer, the financial impact can become significant.
Having suitable protection in place can provide an important safety net, helping you maintain financial stability and reduce pressure during difficult periods.
We can help you assess the level of cover you may need, explain how different policies work, and ensure any protection considered fits with your wider financial plans.
Income protection policies typically cover between 50% to 70% of your gross income.
No there is an initial deferred period which can range from a few weeks to several months and which you can select when you set up the policy. Payments will begin after the deferred period until you return to work, reach retirement age of the end of the policy term.
Yes income protection is available to self-employed individuals, providing financial support if you are unable to work due to ill- health or injury.
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We help you protect your home and the people who rely on it. Mortgage protection insurance can help support mortgage repayments if illness, injury or death affects household income.
We help you consider cover that could support mortgage payments, reduce the financial impact of unexpected events, and provide reassurance that your family may be able to remain in their home.
Your mortgage is often one of your largest financial commitments, and if income were reduced or lost, keeping up with repayments could quickly become a concern.
Having suitable protection in place can help reduce that uncertainty, providing financial support at an important time and helping to protect your home.
We can help you understand the different types of mortgage protection available, tailor cover to your circumstances, and ensure it fits alongside your wider protection and financial plans.
Having savings or life assurance is a great safety net, but it’s essential to consider whether they’re enough to cover your mortgage in full if the unexpected happens. Life assurance policies often cover broader needs, such as supporting your family’s living expenses, while savings may not be enough to manage a large financial commitment like a mortgage. Mortgage protection insurance is specifically designed to ensure your home is paid off, giving you and your loved ones dedicated peace of mind.
The cost of mortgage protection insurance varies depending on factors such as your age, health, the amount of cover you need, and the length of your mortgage term. On average, premiums are affordable and can often be tailored to fit within your budget. It’s worth getting a personalized quote to understand your exact costs and compare options that best suit your circumstances.
If you sell your house or move, most mortgage protection policies can be adjusted or transferred to cover your new mortgage. However, the specifics depend on your provider and the type of policy you have. It’s a good idea to review your policy with your insurer or broker when planning a move to ensure your coverage continues to meet your needs.
Life assurance provides a lump sum to your loved ones if you pass away, helping to cover debts like a mortgage or provide financial security. Critical illness cover, on the other hand, pays out if you’re diagnosed with a specified serious illness, offering financial support for treatments, living expenses, or lost income while you recover. Both serve different purposes but can complement each other for comprehensive protection.
Yes, having a medical condition doesn’t automatically prevent you from getting mortgage protection insurance. Providers may ask for details about your health and may offer coverage with adjusted premiums or specific exclusions. It’s a good idea to speak with a broker or specialist who can help find the right policy for your circumstances.
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If you have any questions regarding wealth management at Digby Associates please get in touch with our team of qualified financial advisers for a no obligation chat.
We help you put financial support in place should serious illness arise. Critical illness cover can provide a lump sum payment on diagnosis of specified conditions covered by the policy, helping to ease financial pressure at a difficult time.
We help you consider cover that could provide a lump sum to meet essential costs, reduce financial pressure, and give you greater flexibility while focusing on recovery or lifestyle changes.
A serious illness can have a significant impact, not only on your health but also on your finances and day-to-day life. Without suitable protection in place, managing costs alongside recovery can become more challenging.
Having cover in place can provide reassurance that financial support may be available when it is needed most, whether for household bills, reducing debt or adapting to new circumstances.
We can help you understand the options available, assess the level of cover that may be suitable for your needs, and put arrangements in place that work alongside your wider financial and protection plans.
The required coverage of protection will depend on factors such as outstanding debts (e.g., mortgage), future family expenses and your income. Our financial advisers will work with you to understand your specific circumstances and help you determine an appropriate level of cover.
Yes, it’s possible to hold multiple policies to cover different needs, such as a mortgage protection and family income protection.
No, critical illness cover provides a payout upon diagnosis of a covered illness, whilst life assurance pays out upon death.
Many insurers offer combined policies, allowing you to add critical illness cover to your life insurance.
It depends on your specific circumstances and the insurer but typically, pre-existing conditions are excluded meaning claims related to them may not be paid.
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We help you plan ahead with protection designed to support the people who depend on you. Family Income Benefit can provide a regular income to your beneficiaries if you die during the policy term, helping to offer financial stability when it may be needed most.
We help you consider cover that could replace lost income, support ongoing household costs, and help your family maintain their lifestyle if your income stops.
For many families, day-to-day living depends on a regular income. If that income were to stop, the financial impact could be immediate and ongoing.
Family Income Benefit provides a regular income rather than a one-off lump sum, which can help with monthly expenses and longer-term financial commitments.
We can help you decide on an appropriate level of income and policy term, ensuring any cover considered reflects your family’s needs and fits alongside your wider protection and financial plans.
The required coverage of protection will depend on factors such as outstanding debts (e.g., mortgage), future family expenses and your income. Our financial advisers will work with you to understand your specific circumstances and help you determine an appropriate level of cover.
Yes, it’s possible to hold multiple policies to cover different needs, such as a mortgage protection, family income protection and a whole of life policy to protect your estate against inheritance tax.
Payments continue for the remaining term of the policy which you elected when you took out the policy.
Generally, the payments are tax-free for the beneficiaries.
You cannot amend the payment amount whilst payments are being made but can select a suitable level of income payments when you set up the policy.
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We won’t share your details, check out our Privacy Policy for information about how we use your data.
If you have any questions regarding wealth management at Digby Associates please get in touch with our team of qualified financial advisers for a no obligation chat.
We help you plan ahead with cover designed to provide long-term financial reassurance. Whole of life protection can provide a lump sum payment whenever you die, provided premiums are maintained and policy terms are met.
We help you consider cover that could provide a lump sum for your beneficiaries, support estate planning, and help meet financial commitments such as potential Inheritance Tax liabilities.
When planning ahead, it is important to consider how your estate may be managed and whether sufficient funds could be available when needed.
Whole of life cover can provide certainty that a payment will be made on death, subject to policy terms, helping to protect assets and reduce financial pressure on those you leave behind.
We can help you assess whether whole of life cover may be suitable for your circumstances, consider how it could be structured efficiently, and ensure it fits alongside your wider estate and financial planning.
The required coverage of protection will depend on factors such as outstanding debts (e.g., mortgage), future family expenses and your income. Our financial advisers will work with you to understand your specific circumstances and help you determine an appropriate level of cover.
Yes, it’s possible to hold multiple policies to cover different needs, such as a mortgage protection and family income protection.
Generally, payouts are tax-free. However, placing the policy in trust can help avoid potential inheritance tax implications.
Standard policies typically cover death from illnesses and accidents but may exclude certain circumstances like dangerous sports or activities. You will need to disclose any such activity when you make your application for the cover.
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We won’t share your details, check out our Privacy Policy for information about how we use your data.