Changing jobs can be an exciting time, but it's important to remember that it can also impact your protection policies. Significant life events, such as moving home, having children, or changing jobs, can all impact the effectiveness of your current protection arrangements. Inadequate protection or policies that no longer work for you can leave your family vulnerable.
Protect your family when life changes with the right protection policies
To ensure that your protection policies remain appropriate, it's important to keep your details up-to-date and accurate. You should also consider what would happen if you couldn't pay your mortgage and how your protection policies would respond in such a scenario.
Many people fail to consider their protection policies despite life events. However, it's critical to make protection policies an integral part of your mortgage and remortgage plans. Some lenders may even require it. That's where we come in. We hold an essential role in educating and supporting clients on the significance of regularly evaluating their protection policies to ensure their continued suitability.
It's also important to inform us of any significant changes in circumstances, such as job changes. By taking a proactive approach to reviewing protection policies, you can ensure that you and your family are adequately protected in unforeseen circumstances.
Remember, changing jobs can impact your protection policies, and it's better to be overprotected than underprotected. Regularly reviewing your policies with us can ensure that your policies remain adequate to protect you and your family. Protect your family's future by ensuring that you have the right protection policies in place.
SPEAK TO AN ADVISER