The 3 Types of Protection Every Homeowner Should Know About

Protection
Written By Laura Jones

Every homeowner needs protection. Discover the 3 key types: life insurance, critical illness cover, and income protection, and why they matter.

Buying a home is one of the biggest financial commitments you’ll ever make. It’s not just about getting the mortgage approved — it’s about making sure you can keep your home secure, whatever life throws at you.

This is where protection comes in. There are three key types every homeowner should know about, each designed to protect your mortgage, your family, and your future.

Life insurance

Life insurance pays out a lump sum if you pass away during the policy term. It ensures your family can pay off the mortgage and stay in their home, even if the unthinkable happens.

Critical illness cover

Critical illness cover provides a lump sum if you’re diagnosed with a serious illness such as cancer, heart attack, or stroke. It gives you financial breathing space when health challenges mean work is no longer possible.

Income protection

Income protection replaces part of your income if you can’t work due to illness or injury. It ensures your mortgage and everyday bills can still be paid, protecting your standard of living.

Why these protections matter together

Each type of protection covers different risks, but together they provide a safety net. This means your home is secure, your family is supported, and you don’t have to rely on savings alone.

The Bottom Line

Protection isn’t just about ticking a box for the mortgage application. It’s about making sure your home, income, and loved ones are safeguarded — whatever happens next.

Book a protection review

Your home may be repossessed if you do not keep up repayments on your mortgage or other loan secured against it.


  • Not everyone will need every type, but combining them often provides the most complete cover.

  • The cost depends on your age, health, and cover amount. Many policies are more affordable than people expect.

  • Yes. Your protection should change as your life changes — reviews are recommended regularly.

 
Laura Jones

Laura Jones is the founder of Nest Mortgage Advice. She believes every mortgage has a story, whether it’s a first home, a fresh start or a family milestone. Her people-first approach takes the stress out of the process, giving advice that fits real life and helping clients feel confident and supported at every step.

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