Life, Critical Illness & Family Income Benefit

Risk Calculator

Make sure your family or any dependants are financially protected in the event of your death by leaving them a lump sum, or monthly income, to pay for commitments such as a mortgage or outstanding loans.

Life Insurance

Planning ahead means even when times are tough, your family and dependents will be able to cope financially. Life insurance will enable your dependents to pay off any debts or any monthly outgoings such as the mortgage or rent and also pay for those little luxuries like holidays and future outgoings like university fees.

There are different types of life insurance to fit different types of families. We listen to what’s most important to you and ensure your policy meets your needs exactly.

Benefits of Life Insurance

  • A lump sum is paid out upon diagnosis of your illness
  • Use the money to pay for medical bills or financial commitments
  • Eases financial strain so you can concentrate on getting better
  • Maintain your family’s lifestyle while you are unable to work
Get in touch
purple blob

Family Income Benefit

With Family Income Benefit life insurance you decide how much income your dependents will need, and for how long, in the event of your death.

How it works: if your family needs £1,000/month for 20 years, and you die within the first month of the policy being set up, your family would receive £1,000/month for 20 years. If you die in year 18 of the policy, they would receive £1,000 for two years only. Should you die after the term of the policy has ended, there would be no payout.

We can talk you through the pro’s and con’s of this type of insurance and make sure it’s the right option for you.

Benefits of Family Income Insurance

  • Mortgage payments can be covered in the short term
  • Eases the initial financial strain on your dependants
  • Maintain your family’s lifestyle
purple blob

Critical Illness

Should you become critically ill and unable to work, Critical Illness insurance pays out a tax-free lump sum that you can use however you like – whether it’s to help cover health-related costs, monthly expenses, or lost income while you get better.

There are different types of policy such as level term, decreasing and increasing cover and policies generally only cover a list of specific illnesses, so it’s worth chatting to us to find out which plan is right for you.

Benefits of Critical Illness

  • A lump sum is paid out upon diagnosis of your illness
  • Use the money to pay for medical bills or financial commitments
  • Eases financial strain so you can concentrate on getting better
  • Maintain your family’s lifestyle while you are unable to work
purple blob

Steve’s Story

Steve went cycling to Spain for a few days and returned home with cough. After several visits to the doctor and a round of antibiotics he was sent for more tests at his local hospital where is received the diagnosis that he had mouth and throat cancer. Feeling bewildered, Steve had to undergo a combination of treatments. He underwent six weeks of radiotherapy on his mouth using a specialist mask and chemotherapy every week for six weeks. Fortunately, Steve had Critical Illness cover. With such strenuous treatment, he had been unable to work so the money bought him peace of mind and allowed his wife to take time out of work to care for him.

Now in remission, Steve continues to have regular, routine check-ups but is glad to be returning back to his passion. He’s now back on his bike and looking forward to the future.

“It’s a difficult enough worrying about your health, you don’t want money worries on top of that. Having critical Illness cover made a very significance difference to me.

purple blob

Why choose The Finance Roome?

We have access to hundreds of insurers and thousands of personal protection options so are able to find the right cover to fit your needs exactly. We always have your best interests at heart and make finding insurance cover as painless and cost effective as possible.

purple blob

Find out what life could have in store for you.

Open our risk calculator
purple blob

Don’t just take our word for it.

Our biggest critics are always our clients. Unbiased and unrelenting, they are the easiest way to find out what a business is really like to work with. Find out what ours are saying about us!

Sophia Hawkins-Brown
Sophia Hawkins-Brown
2022-11-10
Cannot recommend these guys enough. After meeting the lovely Sam, I talked her through the nightmare I had had securing mortgages through other brokers. Sam recommended I spoke to Ricky, who was quick, efficient and super friendly. I recieved a call from Chloe who was also lovely 12 hours later securing my mortgage at an affordable rate and for the amount I desired. The Finance Roome are amazing. Offering an efficient, friendly and successful service. Thank you all. Made my day and took all my stress away. I would give 10 stars if I could.
Sophie F
Sophie F
2022-10-26
Can't speak highly enough of the Finance Roome team, we've been with them since we purchased our first house and we've just exchanged on our next property today - and I genuinely don't think we'd have made it before the interest rate hike without them! They are so friendly when you ring, always happy to discuss any little query or concern, and always respond quickly to any communications. You really feel like a valued customer dealing with this team, I've been on the phone to them in floods of tears during this house move and they're so reassuring and kind. Shout out to Adam, Jess H, and Jess D, who I have mainly dealt with - but I can honestly say that every single person I've spoken to has been fab. Without them chasing our mortgage lender to expedite our funds request after some messing from the bottom of our chain, we'd have lost our deal and seen it triple. That's life changing. Thank you Finance Roome!
kate d
kate d
2022-10-24
The finance room have walked is through everything for both mortgages we've had so far. The service has been faultless, diligent and and easy to contact. Responds very quickly to our emails. Gave honest advice and supported us throughout, even when we ended up remortgaging through our previous provider meaning they did not get a commission.
Victor Wilson
Victor Wilson
2022-10-22
I have nothing but positive words for this company. Chloe and Harriet mainly dealt with my case and their customer service is brilliant. Aside from that, their approach towards everything is proactive, efficient and professional. I cannot fault anything from my experience and when I purchase another property I will be straight to these guys. Thank you everyone!!
Emily Poole
Emily Poole
2022-10-21
As always, The Finance Team have been amazing and helped me with my new mortgage. They are extremely knowledgeable, professional and lovely to deal with. Thank you so much!
Ross Firth
Ross Firth
2022-10-18
From the first moment we messaged Courtney we knew we were in the right hands. The finance roome helped us with the purchase of our first house, from sorting our mortgage to helping with our life insurance and home insurance. Right from the start everyone was friendly helpful and more than happy to take the time to answer any questions we had and even though we had ended up waiting 8 months for the house to finally all go through, they still persisted to chase up our solicitors weekly and check everything was still in order. We couldn’t recommend them enough!
Charlotte Slater
Charlotte Slater
2022-10-10
Adam and everyone at the Finance Roome have been wonderful. Words cannot express our thanks for his expert advice, getting us a great mortgage in the nick of time. He quite rightly hurried us to get all our paperwork in order and as such we got a mortgage just days before the massive interest rate hikes. In addition to securing us a great mortgage, Adam was always on hand to provide support and reassurance when our Solicitors were causing us many headaches. Thanks again so much to Adam and the team. We have recommended them to everyone we know who are currently going through the house buying process.
Joanne Carnie
Joanne Carnie
2022-10-08
I have just completed my Re-Mortgage with the Finance Roome and am writing this review as I cannot rate this company highly enough. This is not the first time I have used the Mortgage Roome, they arranged my mortgage for my house purchase 5 years ago and were simply outstanding then so I had no hesitation in calling them for my Re-mortgage. Once again, the level of service I have received and the advice has been second to none and I am so grateful to all of the staff (Ellen, Adam Hayter and Jess Hambling) who have provided the advice and assistance along the way. All of the staff I have spoken to have shown that they are extremely knowledgeable, professional and they really listen and understand your needs when providing advice. It is not often you get outstanding service these days so they are totally deserving of a 5 star review. Thank you so much.
Emily Golden
Emily Golden
2022-09-30
The Finance Roome helped me secure a good mortgage deal and followed it through to completion. I will be using them again next time!
Paulina Woźniak
Paulina Woźniak
2022-09-20
We had really great experience with The Finance Roome Ltd. Our Broker - Adam and his Admins were very helpful. We have had our offer within 2 weeks since we’ve applied. They’ve supported us till very end (completion). Thank you from me and James for your time! Great job everyone!

Ready to take the next step?

phone

Ask us to call you

Speak to an advisor

Make an appointment