Unemployment / Redundancy Insurance help and information

In today's society, the threat of redundancy or unemployment has never been greater. After September 11th many sections of the economy have faced a downturn and many redundancy notices have been issued. Now is the time to think of taking out redundancy insurance or mortgage payment protection insurance.

If you think that the State will help you - think again. Job Seekers allowance for a single person is less than £70 per week. Similarly incapacity benefit is not as much as many people think. Who will pay the bills?

B. Portwood & Co Ltd have three separate policies one of which should be suitable for you:-

BIBA INCOME PROTECTION	A policy designed to cover far more than any mortgage payments. You can cover up to £1,000 or 50% of your income per month. There is a no excess period and a initial exclusion period of 120 days
SECURITYFIRST	Designed for people with mortgages. You can cover your mortgage payments, repayment vehicle and other related expenditure. You can cover £1,500 per month or 65% of your income. If taking out a new mortgage or transferring from your existing scheme there is also 3 months free cover.

UKmortgagesafetynet	Designed for people with mortgages. You can cover your mortgage payments + 25%. You can cover £1,500 per month or 65% of your income. If taking out a new mortgage or transferring from your existing scheme there is also 3 months free cover. Also 'Day One' benefits apply - if you are out of work for more than 30 days you will be paid from the first day you were out of work!

Further Accident sickness Unemployment Insurance information

About B. Portwood & Co Ltd

B. Portwood & Co Ltd were founded in 1963. Currently we have three offices in Northern England (Consett, Gateshead and Bishop Auckland). We are, as you can see by the Logos, members of the main trade organisations BIBA, IIB. Having previously been regulated by the IBRC (and therefore allowed to call ourselves an 'Insurance Broker') having been regulated by GISC - we are now authorised and regulated by the Financial Services Authority (FSA) We have always aimed to put our clients first, not to recommend any unsuitable policies and to help them should any problems arise.