Who is the latest chamber member, Pendragon Protect, and what do they do?
Pendragon Protect are a protection only Insurance Broker offering advice on Life Insurance, Critical Illness Cover and Income Protection.
We are not restricted to a panel of insurers, like many brokers, nor single tied to one insurer like most banks and building societies, therefore we have access to a range of insurers including insurers that don’t appear on comparison websites.
Therefore, if you have any existing Life Insurance, Critical Illness Cover or Income Protection, which you took through a restricted broker, mortgage advisor, bank, building society or online, it could be worth reviewing the policies / cover you currently have.
Why don’t I just do this online?
Google doesn’t have all the answers! Nor do comparison websites.
When you get a quote online, you’re only asked for your date of birth and if you smoke. This may give you a quote, however when you apply, the insurers will ask you several questions about your medical background, family history, occupation amongst other lifestyle questions, which can increase the premium you see or have an exclusion applied you may not be aware of.
Why should you use Pendragon Protect?
We have a chat with you upfront about your medical background, family history, occupation and other lifestyle factors that may affect your cover and premiums. We then speak to the insurers first, and only then can we advise you which insurer will offer you the best premiums and the most appropriate cover. We do not charge a fee for the advice or research.
What is Life Insurance?
Life Insurance can provide either a lump sum or a monthly benefit on death, during the term of the policy. A lump sum is typically used to cover mortgage debt, funerals and to provide a legacy for dependents. Having your Life Insurance paid monthly can cover costs such as rent, utility bills, childcare and to put food on the table.
Life Insurance also includes Terminal Illness Cover, at no extra cost and is very different to Critical Illness Cover. It pays out if you are diagnosed with a Terminal Illness and you have a life expectancy of less than 12 months.
What is Critical Illness Cover?
Critical Illness Cover provides a lump sum payment or monthly benefit if you’re diagnosed with a specified critical or serious illness, during the term of the policy. With a Critical Illness you have a good chance of surviving, which is why it’s different to Terminal Illness Cover. Critical illness cover can provide financial help towards medical expenses, income that is lost and changes to your home and lifestyle where disability may have occurred.
What is Income Protection?
Income Protection provides a monthly income if you’re unable to work due to an accident, injury or illness, until you return to work, the policy ends, or you pass away. There are lower cost options available, with limited payment periods, which are typically 2 to 5 years.
How do I get in touch?
Call: 01604 807531