Why our ‘financial safety net’ is something to consider in this current cost of life crisis

Why our ‘financial safety net’ is something to consider in this current cost of life crisis

Over the last few months, we have seen inflation and energy bills rise to a new high. You may have spent time looking for ways to save money and question whether certain products or services are needed. You might be asking yourself – are there subscriptions I don’t need, or gym memberships I don’t use, that could save me some money? If this is the case, it’s important to keep your monthly protection.


We’ve compiled a list of beneficial protection options available.


Life insurance

Life insurance is the financial ‘safety net’ that will help your family if the worst were to happen. During the current cost of living crisis having a protection blanket such as life insurance would help financially if a family member passed away. Whether they were the breadwinner or not, life insurance can help ease the financial burden during a difficult time.


Critical Illness cover

Do you ever think “this won’t happen to us”? If you have been diagnosed with a critical illness, this plan becomes a protective financial blanket. If your illness prevents you from working and you require long periods of time off work, you can receive a lump sum after a successful claim of your critical illness cover. This money can be put towards essential outgoings such as your mortgage and utility bills.



Income protection insurance

What is income protection insurance and what can it do for me? If out of the blue you were unable to work due to an injury or illness, income protection insurance can help you pay mortgage repayments and household bills. This type of policy ensures you’re able to cover bills until you are well and back at work. It’s worth noting the monthly fee for this type of policy is determined by your age, employment, and health history.



Protection isn’t just another unnecessary, direct debt to remove from your outgoings if you are planning to cut costs during this cost-of-living crisis. If you have further questions on your current protection policy or would like to start a protection policy with us, call one of our protection advisers today on 01928 238 289 or fill in our contact form and a member of our team will contact you.


For further information on what Alder Rose Mortgage Services could do for you regarding being a first-time buyer and don’t know where to start with your mortgage, plans to re-mortgage or dreams of becoming involved in buy-to-let please explore our website.

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Find a Mortgage in Cheshire, Merseyside and the North West today

We’ve helped thousands of people across Cheshire and the UK just like you, but we know everyone is different. That’s why Alder Rose Mortgage Services aim to be helpful and caring, whatever your circumstances may be.

We search over 1,000 products to find the right mortgage or remortgage deal to suit your financial circumstances. The initial fact-finding call is free, this includes the mortgage calculator which will help tell you what you can borrow and most importantly what it will cost! We strive to be one of the most honest and transparent mortgage advisors in the UK.



- As a leading mortgage broker across Cheshire the UK, we have the market covered.

- Based in Frodsham, We’re know with the big names in mortgages. Not forgetting the little ones too. So we can make sure we get you the right mortgage deal.

- Dedicated brokers with expert knowledge and straight forward mortgage advice with a personal touch.


Honest advice

The mortgage process can at times be a test of patience and a lot of the ‘jargon’ can make it a whole lot more difficult than it needs to be. That’s why our mission is to be the best at what we do, for you. We’re here to offer you the most simplified advice we can and make getting a mortgage effortless.

You’re a person, not an application number, so why be treated like one? At Alder Rose, we can offer face-to-face, telephone, or even online appointments to anyone across the UK.

Because we play by the book we want to tell you that…

Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1%, but a typical fee is £495.

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