To get a quote for insurance click here and send us your details
In this area, we will provide you with all the information you may need to make an informed choice about which insurances are right for you, from those which are compulsory, to others which would give you peace of mind.
"Making sense of insurance products"
Buildings insurance
This is a compulsory requirement of your mortgage lender. However, you are not compelled to use your lender for any insurance related to the mortgage or the property. You have the right to use the insurance company of your choice.
This type of insurance would cover you against loss or damage caused by the following:-
- fire, smoke, explosion
- storm, flood
- lightning, earthquake
- theft, malicious acts or vandalism
- subsidence, heave or landslip
- falling trees, escape of water
We have access to a range of companies who can provide you with this type of insurance and also offer extra services should you require them, such as cover for owner's liability insurance and home emergencies.
We are able to provide you with a competitive quote, whatever your building insurance requirements.
If you use Logicfs.co.uk to arrange your buildings or contents insurance, we are able to offer you the opportunity to have the first three months of your buildings and contents insurance free.
Contents Insurance
Contents cover insures the contents of your home against loss or damage from many causes including:-
- fire, smoke, explosion
- storm, flood
- lightning, earthquake
- theft, malicious acts or vandalism
- falling trees, escape of water
Logicfs.co.uk are able to provide you with a competitive quote from a range of companies for this type of cover.
We can personalise this type of insurance depending on the contents of your home, i.e. business equipment, freezer contents, bicycles, jewellery - all of these things and many more can be included in your policy.
If you use Logicfs.co.uk to arrange your buildings or contents insurance, we are able to offer you the opportunity to have the first three months of your buildings and contents insurance free.
Accident, Sickness and Unemployment Insurance
Cover of this sort does exactly what it says on the tin!
Your mortgage payments would be covered should you have an accident, become ill or be made redundant.
Most insurance companies who provide this cover will pay a proportion of your mortgage payments and related insurances after you have been off work for three months. They will then continue the payments on your behalf for a specified period of time. This is typically one to two years.
At present, the Government feels that if you have a mortgage you should have this cover, because the amount that you would get from the state would never be enough to cover these outgoings, and you could be left in severe financial difficulties.
Logicfs.co.uk can offer you a competitive quote from a number of providers for this kind of insurance. The amount of cover available to you is based on your salary and mortgage payments.
Life Insurance
Also known as life assurance or life cover, this is a simple, popular and affordable way to protect your family financially. If you die within the term of the policy, it pays out a lump sum. Most insurers also include Terminal Illness Cover which means that once you have been diagnosed with a terminal illness the death benefit will be paid to you immediately.
This lump sum can be used to benefit your family in either paying off the mortgage or leaving them a lump sum.
Logicfs.co.uk has access to a number of providers through whom we are able to offer you a competitive quote.
Critical Illness
This type of insurance is to provide cover in the event of you contracting a serious disease or illness such as cancer or heart attack. The benefit would also be paid if you were to have an accident which is covered under the insurer's terms.
This is a lump sum benefit and can be used for any purpose including paying off your mortgage. It is commonly taken alongside life cover. As it is more likely that you will claim on this policy during your mortgage term, this is reflected in premium.
We have a number of providers on our panel from whom we can obtain a very competitive quote for this type of insurance.
Income Replacement
This provides you with an income should you be unable to work due to illness or accident. Although the provider cannot pay your whole salary to you due to government restrictions, this cover will give you a monthly benefit until you return to work or retire, whichever is sooner. The amount you are paid is determined by your salary, usually at the time of the claim. This monthly income should be enough to cover your mortgage, related insurances and other regular outgoings. The likelihood of a claim on this type of policy is high, as it is quite likely to happen during the mortgage term, and the premium reflects this.
Logicfs.co.uk can provide you with a competitive quote from a number of insurers.
To get a quote for insurance click here and send us your details