Insurance , Purchase Structured Settlements,mortgage

Mortgage is a security that the lender makes to the borrower. One of the popular forms of mortgages is called interest only mortgages. It requires you to craft a monthly payment to mortgage lender to pay off the interest on the amount borrowed. Further a separate long term strategy should be committed in interest only mortgage and can comprise of an investment plan, inheritance or settling the property in the future. 

In case of investment plan mortgage can be paid off in one of three forms; an ISA (Individual savings plan), a pension or an endowment. Such investment should not be provided by the mortgage lender.

Interest only mortgage can also converted in to a repayment mortgage in the future and becoming increasingly popular among first time buyers who get it hard at first to afford the mortgage costs. Mortgage lenders in this manner are very keen to facilitate you with interest only mortgage as specifically design product. Beware! Making your interest only mortgage into repayment form in future can cost you nominal charges from lender.

• If your set limit of investment growth exceeds then you may able to pay off all of your mortgage before due time
• You can use tax free investment plan.

• If your investment doesn’t excel as per you expectations, chances are you may unable to pay off your mortgage.
• Debt will remain same throughout the mortgage period.
• Penalties will impose on some form of investment if you stop paying premiums.

• Loan Discount Points.
• Loan Origination.
• Processing.
• Administration.
• Application.
• Inspection.
• Document Preparation.
• Appraisal.
• Credit Report.
• Title Policy.
• Escrow Fee.
• Reconveyance.
• Beneficiary Demand.
• Notary.
• Loan Tie-in.
• Delivery and Courier.
• E-Mail Doc.
• Tax Service.
• Recording.

• Bigger mortgage: By rolling the existing loan into new loan can increase your cost so be wise in this manner as well.

Employer’s liability insurance is a type of insurance where in course of any injury or disease if employee claims on employer then his insurer will pay the price to claimant. By law employer is bound to have such policy in order to cover the cost in occurrence of any physical injury or death to employee.


Albeit it protects the liability of employer’s on employees but not cover the claims like: Sexual discrimination, wrongful dismissal etc. These deeds not only shielded employers but employees as well in case of anything unusual happen to employees while doing their jobs. If being an employer you neglected the physical injury or death of an employee and prevented their loss, if then they decided to opting for compensation the insurer will bear all the losses.

Employer’s Liability Insurance is designed for the welfare of employees and to compensate them accordingly if they failed to work after any accident. But it all depends on to scrutinize the event that who is responsible; whether negligence of an employers or the employees. Laws forced you to have an Employer’s Liability Insurance otherwise authorities reserves the rights to shut you down permanently.

As indicated before that law compels you to have Employer’s Liability Insurance then people from any sort of business having employees must have this policy. Generally, claim can arise in number of ways, for instance: employees get injured seriously or leading to death due to employer’s negligence and will be held responsible. Thus your local adviser can provides you a set of guidelines to finalize the process from every aspect.

The Health and Safety Executives (HSE) are responsible to check the status of actually having a Employer’s Liability Insurance otherwise you are breaking a law and will be punished by them under rules and regulations. Next you are also liable to check the validity of insurer prior to getting policy. Furthermore you are also bound to show the relevant certificate to the employees by any means possible and should have the complete insurance record as well.HSE can inspect you any time and if you failed to satisfy them on papers then you will be fined heavily.

Although you can’t change the inevitable but can try at-least to make situation conducive. Suppose you badly injured due to accident and can’t work anymore, then how would you mange yourself financially? Insurance in this regard can help you through the situation and can improve your status economically. Accident, Sickness and Unemployment (ASU) insurance give you guaranteed financial support in case of accident, sickness or unemployment. Usuasally pays you the claim under these three sections on monthly basis up to designated period of time set under the policy. Payment can last up to maximum of 12 months depend upon the plan you picked.

Your monthly benefits are subjected to falling within certain policy qualifications. Your maximum benefit amount in this regard would not exceed when combined with other similar Accident, Sickness and Unemployment (ASU) policies so as cost when combined with other protected items such as mortgage or loan. After selecting the level of benefit of your choice the premium will be determined by the benefit amount. There are no extra rating factors involved such as age, smoking, drinking habits or life styles. Your  local adviser highlights the key areas of your attention towards achieving Accident, Sickness and Unemployment (ASU) policy. You can also use it for repayments of mortgage and loans. Accident, Sickness and Unemployment (ASU) usually covers the payments of mortgage and loans thus you can’t spare money for other daily expenses. It also can be very expensive in terms of cost and pays you for limited time or until restoration of your employment. Everyone can apply for ASU as long as your age is between 18 years to 60 years. Your working hours should be at least 16 hours in a week continuously up to 6 months. A payment generally starts after 60 days of work off. You must differentiate between Accident, Sickness and Unemployment (ASU) policy and other policies and take a wise decision towards acquiring certain one. Covers can be as low as 4 Pounds or 100 pound of monthly benefit purchased. If you are so concerned about the prices then you must checked them from various brokers. It can vary significantly from company to company.  You are directed to read the levels very carefully before selecting any plan because it may differ according to your circumstances.

Think for a second; you are running a small business with 10 to 20 employees and all of sudden one of your key man died or injured in an accident, then what will be the impact on your business? Of course it can affect you in downwards and your profit will decrease .Although insurances can’t be alternate of a person but at-least can give some stability to your business. In this hour of need insurance expert form a special type of plan called as Keyman’s insurance.

Keyman’s insurance covers the cost of business in case of any misfortune as mentioned above. It will not cover the cost of actual loss but a sum which is declared in the policy. By insuring your best employees gave maximum protection of your business and buy you a time in order to cover the cost of temporary staff, recruitment or loss of profit .Therefore, count as one of the most important insurance plan in business circle. Your local adviser  will educates you with all the relevant information connected to Keyman’s Insurance and can get highly professional financial advice with no hassle.


Insurance brokers are considered well suited people for getting quote on such insurance policies. Because it’s not like car insurance where you can get a quote in minute’s .When time comes to finance matters then timely good decisions apparently can boost the chances of the recovery of your business. After referring to your  local adviser the chances are high towards taking sound decisions in this endeavor. There are main four classifications of Keyman’s Insurance: Key people (covers when your influential employees are unable to work), Protect profits (pays you to protect the profit), Protect shareholders and Partners (securing the interests of partners and shareholders), and personal loan guarantees.

Keyman’s Insurance costs you in many ways like: the effect on profits if key man loss, the cost on recruitment and training in case of replacement and revoking of keyman’s loan after death or injury. Your local adviser also shares the information on the factors to determine the premium like: profit, salary, term and tax. Although taxes are exempted on premiums but you must inspect weather it qualifies for the exemption tax.

If you observe the situation in UK, you will see small that businesses with 10 to 20 employees are backbone of the country. If by any chance they failed to flourish ultimately effect the whole society. This is the reason Keyman’s insurance is designed to protect such people from any loss.