Why Protection Isn't Just for Homeowners
Most people think life insurance or income protection only matters if you have a mortgage — but that’s simply not true.
Whether you're renting, running a business, or supporting a family, financial protection is essential.
Consider this:
What would happen if you couldn’t work for 6 months?
Could your family pay rent or household bills?
Would your business survive if you were out of action?
Protection can include:
Income protection
Critical illness cover
Family life insurance
Business or shareholder cover
We often say, “If you insure your car or phone, why not your income?”
At Cambs Ely Mortgages, we offer more than just mortgages — we help protect what matters most.
Why I Bought Life Insurance (Even Before I Bought a Home)
“I Didn’t Own a House — But I Still Needed Protection”
Most people think life insurance or income protection only becomes relevant once you own a property. But that’s not always the case.
I want to share the story of Ben — a friend of one of our clients — because it’s a powerful reminder of why protection matters, even if you’re not a homeowner yet.
Ben was 31, renting a flat in Cambridge, and had just gone full-time as a freelance web designer. No mortgage. No dependents. No employer sick pay. Life was looking good, until he was diagnosed with Hodgkin lymphoma.
His business had to pause overnight. The invoices stopped, the savings drained, and he quickly realised something:
“I insured my laptop, but I never thought to insure myself.”
Ben didn’t have income protection. No critical illness cover. He never thought he’d need it, until he did.
It’s a common misunderstanding. We see it often with renters, freelancers, and younger clients:
“I’ll sort protection once I buy a house.”
But the reality is this — if someone relies on your income (even if that someone is just you), you probably need cover now.
At Cambs Ely Mortgages, we help people get the right protection based on their real life, not just their mortgage. Whether you’re renting, buying, or building a business, there’s peace of mind in knowing you’ve got something in place.
🔐 Not sure where to start? Let’s talk — it might be the most important conversation you have this year. Book your free protection review