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Recently divorced or separated? Is your insurance up to date?

If you're going through a divorce or separation, updating your insurance policies is a necessary step. We understand it must be a hard time, full of emotions. Let us take the pain out of your insurance needs. If you’d like to take a read through the following and see what applies, give us a call or email and we can manage the rest. A perfect spring-cleaning step for a brighter future.

Private Medical Insurance

Check if you’re on a joint policy. If you were covered under your ex-partner’s private medical insurance, you’ll need individual coverage. Let us compare new private health insurance options for you.

Car Insurance

If you shared a policy, notify your insurer and set up a separate policy. It’s a good chance to scan the market; your new position may even mean you’ll have access to a cheaper policy.  Don’t forget to update ownership and named drivers. Or maybe this is a great chance to buy that new car you’ve always wanted. If you’ve moved house, inform your insurer to ensure the correct premium and coverage.

Home Insurance (Buildings & Contents)

If you’re keeping the home, ensure your policy reflects this and update the owner’s details. If your ex-partner has moved out, they should no longer be named on your policy. If you move out, make sure to arrange a new home or renters insurance policy for your new residence. We can help with a new policy for you.

Life Insurance

Do you want to change beneficiary? If your ex-spouse was listed as a beneficiary, you may want to update this. If you had a joint mortgage protection policy, you may need to separate it or get new coverage. It’s also a great time to consider income protection or critical illness cover. If you rely on your income alone now, these policies can provide financial security.

Travel Insurance

Don’t forget to cancel joint policies if you have a family or couple's policy. And check pre-booked trips, your insurance may cover changes or cancellations.

Pet Insurance

Confirm ownership and policyholder details: If you shared a pet policy, ensure it is transferred to the person keeping the pet.

Let’s get started with the rest of your life… Hit reply-to, and we’ll help you get organised.

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Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


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