Most commonly taken out to pay off a mortgage, in the event of suffering a qualifying, life changing illness, the most common claims being for heart attack, cancer, stroke and multiple sclerosis. Surprisingly, very few people fully pay off their mortgage in the event of a pay-out, as they need to use the money to pay monthly outgoings, due to losing their income because they can’t work. Works best alongside income protection.
Pendragon Protect are a trading name of Lifetime Wealth Management Limited which is registered in England and Wales. Registered Number 4631136. Registered office 12-14 Upper Marlborough Road, St Albans AL1 3UR. Lifetime Wealth Management Limited is an appointed representative of Quilter Financial Services Limited, Quilter Mortgage Planning Limited and Quilter Wealth Limited, which are authorised and regulated by the Financial Conduct Authority. FCA register numbers 440703, 440718 and 217742.
The Guidance and/or information contained in this website is subject to UK regulatory Regime and is therefore targeted at consumers based in the UK.
