Mortgage Repayment Protection Insurance

Mortgage Repayment Protection Insurance is usually taken out at the time you apply for a mortgage.
You should seek suitable advice about arranging such cover from a suitably authorised person.
Mortgage Repayment Protection Insurance provides cover in the event of you being unable to work as a result of an accident or illness or being made involuntary unemployed.
The amount of cover is based on the amount of the monthly mortgage repayment plus you can also cover such things as the monthly buildings and contents insurance premium and mortgage related life insurance monthly premiums such as an endowment policy.
Mortgage Repayment Protection Insurance usually pays out for up to 12 months.
You do not usually have to have a medical to arrange such cover.
In the UK cover can usually be taken out as long as you work for at least 16 hours per week and are aged between 18 and 64.
The cover ceases once the mortgage is repaid or you reach age 65 or you retire or should you stop maintaining the monthly premiums or indeed should you just decide to cancel the policy.
Mortgage Repayment Protection Insurance can be taken out either just to cover one applicant or both applicants. If both applicants are covered and say they are both on the same income then the policy will pay out half of the amount of the monthly cover in respect of the applicant who is ill.
In the UK the cost of Mortgage Repayment Protection Insurance is based on the amount of the monthly cover you have arranged and will vary between the various companies who offer such cover.
Alan Hope runs a lifestyle management and concierge service business for both UK and Overseas clients.
Visit his website at http://www.arrangeitlifestylemanagement.co.uk/id70.html
Article Source: http://EzineArticles.com/?expert=Alan_Hope

Giving you access to a wide range of investments

Part of the investment planning process is selecting investments that fit within your asset allocation strategy and work together to help you accomplish your investment goals. And because your goals and needs may be different from other investors, we're dedicated to providing the widest array of investment products to help you meet them.
We offer fixed-income, equity and alternative investment products
Whether you're looking for fixed-income investments, equity investments or alternative investments2, your Financial Advisor can recommend the investment products most suitable for your current situation, financial goals, investment time frame, risk tolerance and Envision plan.

Working with an Advisor

How the Envision® process works
Combining goal-based advice with sophisticated modeling, the Envision process creates an effective, easy-to-understand method for prioritizing and achieving important life goals. Ultimately, the Envision process helps our clients live the one life they have the best way they can, without undue financial sacrifice or overexposure to risk.
Identify and prioritize goals
The Envision process begins by allowing you to explore what goals and dreams you have and what concerns you about being able to achieve them. This important step serves as the basis for the conversations your Financial Advisor will have throughout the process. What makes the Envision process so different is that throughout this conversation we explore your ability to achieve your goals in multiple scenarios, starting with the Ideal and the Acceptable.
In order to give you the opportunity to live as much of your Ideal scenario as possible, we use our Envision Priority Cards. This interactive activity ensures that you and your Financial Advisors are on the same page, working together to help achieve those goals you value most.
Develop and implement an investment plan to help you reach your goals
Upon gaining an understanding of your ability to live either your Ideal or Acceptable scenario, we also create a Recommended scenario for you that incorporates your goals and/or concerns that you value most.
Based on your goals, dreams, concerns, risk tolerance and financial situation, our Financial Advisors can propose appropriate asset allocations needed to help you achieve your goals. This product neutral approach allows our Financial Advisors the freedom to select products they feel will best help you attain your goals.
Monitoring your progress (the “Dot”)
The most important part of the Envision process is the way you are able to monitor your progress toward the goals and dreams you wish to accomplish. Your Envision plan updates each night and creates a benchmark unique to your goals and situation. This information displays on your statements and online where it is updated monthly.
Change may be one of the largest challenges you face, whether it is change in your life or in the world around you. As change happens, it is very easy to update your Envision plan to reflect that change and measure the impact it has on your ability to achieve the stated goals.
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Working with an Advisor

Why Wells Fargo Advisors
Envision® Process
Products & Solutions
Advisory Services
With Wells Fargo Advisors, you get a registered financial advisor, who will listen closely to understand your unique situation and needs and work with you to provide insight, planning, guidance, ongoing investment management and monitoring.

For more than 160 years, Wells Fargo has earned the trust of clients as one of the nation’s largest and most experienced financial institutions. Our 15,000 registered financial advisors have an average of more than 10 years of investment management experience. Your advisor will closely monitor your assets and provide sound strategies to make the most of your investment portfolio.
We can help you:
Identify and achieve your goals. Your financial advisor works with you to identify and understand your unique goals and needs. Whether it’s a portfolio review or investment advice, retirement planning, education funding, growing your business, or estate strategies, we’re here to answer your questions and help you on the way to achieving your goals.
Design and customize your investment strategy with our Envision® planning process. Combining goal-based advice with sophisticated statistical modeling, our Envision planning process creates an effective, easy-to-understand method for prioritizing and pursuing important life goals. Your financial advisor uses the Envision planning process to develop your investment plan that’s designed to help you live and retire the way you want.
Stay on track with regular communication. Your financial advisor pro-actively reaches out to you with regular financial statements and market updates that help you keep up with changes in your life and optimize your investments.
Gain unlimited access to world-class resources, news and proprietary research. Backed by world-class experts, top market analysts and staff, you’ll have unlimited access to a wealth of resources and industry information from news and white papers to proprietary research.
Work with us your way. You can choose to work with one of our financial advisors in person or with a team of experienced, registered professionals over the phone. However you choose to work with a financial advisor, you always have unlimited access to your account online. Locate a financial advisor near you.

What Renters Insurance Covers

Do you live in a rental apartment, duplex, condo, townhouse, dorm, or other leased property? While your landlord’s insurance coverage protects the building you live in, it is up to you to protect your personal property. For a very affordable price, renters insurance coverage protects your personal property, and renters insurance will even reimburse you for reasonable living expenses if you are displaced as a result of a covered event – like a fire. Plus, if someone has an injury while at your home and consequently sues you, renters insurance coverage can help protect your assets.
Protect your personal property
With renters insurance coverage, your personal property can be insured for losses due to a variety of reasons, including:

Break In
Fire
Smoke
Vandalism
Windstorm
Lightning
Earthquake (optional and available in California only)
What renters insurance coverage protects
Renters insurance coverage protects items that are found in an "average" home, such as your TV, stereo, computer, or clothing. Depending on the insurance policy, renters insurance can also provide:
Personal property replacement, which pays for the cost to repair or replace most covered items without deduction for depreciation (up to the policy limits)
Insurance coverage up to $100,000 for personal liability claims made against you for bodily injury or property damage to which coverage applies
Insurance coverage for guest medical benefits, additional emergency living expenses, and credit card protection (within policy limits)
Insurance coverage of the personal property in your car, garage, or storage unit. For example, if your computer is stolen from your car, the loss would likely be covered by your renters insurance.
More about renters insurance coverage.
Need more information? Read our frequently asked questions.
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Renters Insurance

Why buy renters insurance?
You likely have a lot of personal property worth protecting, but your landlord’s insurance probably doesn’t protect it if there is a fire, break-in or other unfortunate event.

Renters insurance is affordable
With policies starting as low as 57¢ a day, renters insurance is more affordable than you may think – which probably costs less than replacing everything you own.

Can you afford to replace your possessions?
If something were to happen, do you have enough money to replace your personal property like your furniture, clothes, electronics, jewelry, and other items? To find out just how much your things are worth, complete a Personal Property Inventory (PDF)* to find out what coverage level is right for you.

Are you covered?
Your landlord’s insurance policy does not cover your personal possessions and most landlords are starting to require that you purchase a renters insurance policy. Also, if you are a student, your parent’s homeowners policy might not cover your possessions.
Choose the insurance coverage that’s right for you with these steps:
Get prepared.
Think about what your personal property is worth. If you have time, complete a Property Inventory (PDF)*.Ready to get a quote?
Visit American Modern or call Wells Fargo Insurance at
1-866-294-2571.Decide on the details.
Choose the deductible and coverage level that is right for you.Purchase your policy online or by phone.
It's that easy!

Umbrella Liability Insurance

Umbrella liability insurance is designed to protect you against losses that go above the limit of your homeowners, auto, renters, and other insurance policies. It helps protect your assets when your original policy’s liability limits are exhausted; for example, if someone is injured on your property and sues you.
An umbrella policy kicks in when you reach the limit of your underlying liability coverage. If you have liability limits of $300,000 on your homeowners policy and $500,000 on your auto insurance policy, purchasing a $1,000,000 umbrella policy raises your limits to $1,300,000 and $1,500,000 respectively. An umbrella policy can also help protect you when there is no underlying limit requirement.
An umbrella policy can help:
Cover attorney’s fees
Pay for settlements and judgments against you
Protect you in cases of libel and slander
Many people find an umbrella policy makes sense because of the added protection it can provide. This type of policy is especially important if you have assets to protect – like a home or if you want to help ensure that an unfortunate event will not put the personal assets you have worked so hard for at risk.
Call Wells Fargo Insurance to talk about adding an umbrella liability policy to the coverage you already have.
Need more information? Read our frequently asked questions
Quote by Phone
1-866-294-2571

Home Protection Plan

Help protect your budget and keep your home's systems and appliances running smoothly, with a home protection plan from Wells Fargo, administered by American Home Shield®.1
As a homeowner, you never know when one of your home's systems or appliances is going to breakdown - the air conditioner quits, your water heater springs a leak, the washing machine stops. Don't let these unexpected costs put a strain on your budget.
Most homeowners insurance policies do not cover the repair or replacement of your home's system components and appliances due to normal wear and tear. And while a manufacturer's warranty may be included with the purchase, it usually expires after a short period of time, leaving you with the responsibility of the repair or replacement costs.
What Is a Home Protection Plan?
What Does it Cover?
How Does It Work?
Unlike homeowners insurance, which covers the structure of your home and your personal property, a home protection plan is a renewable contract with a service provider that helps cover the repair or replacement cost of most of your home's system components and appliances.
Depending on the level of coverage you purchase, a home protection plan can significantly reduce the cost of repairing or replacing covered system components and appliances in your home regardless of their age, make, or model2.
Home Protection Plan
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Buying or Refinancing a Home

Buying a house is exciting, and there is a lot to keep track of to make sure the process goes smoothly.
When you shop your homeowners insurance through Wells Fargo Insurance, we can help simplify the process, especially if you are a Wells Fargo mortgage customer. Just one call to our experienced insurance agents and we’ll help you:
Save time – receive quotes from multiple insurance companies in minutes.
Compare quotes – we’ll work with you to find the policy that best fits your needs and budget
Streamline your loan closing – all your required paperwork will be delivered right to your loan closing.
Rest easy – your questions will be answered so you can be confident you have the protection you need for your new home.

Wells Fargo Insurance agents are available Monday through Friday, 7:30 a.m. – 8:00 p.m. Central Time.
Quote by Phone
1-866-238-7840

Protect All Your Property

Whether you own your home already or are starting the house-hunting process, Wells Fargo can provide you with guidance and education so you know you are getting the protection that’s right* for you. Read on to see how we can help based on your situation.
You own your home
Start by tracking down your existing policy. Refresh your memory on the coverage you have now.
Consider how things have changed. You may have acquired valuables like jewelry or high-end electronics, or made improvements to your home since you purchased your policy.
Determine if you want to adjust your homeowners policy. You may want more or less coverage based on how things have changed.
Understand the limits of homeowners insurance. For extra coverage, you may want to consider an umbrella policy that protects you above and beyond your homeowners, auto, and other policies.
A home protection plan is an additional way you can help protect yourself against the unexpected cost of repairs for your home’s systems and appliances.
Complete a Property Inventory (PDF). Photograph or videotape your belongings – you'll be able to use your list to make the claims process go more smoothly if your house is ever damaged or burglarized.
You are preparing to buy a home
Know that your mortgage lender will require you to have homeowners insurance.
Educate yourself about the types of homeowners insurance coverage available.
If you work with Wells Fargo Home Mortgage as your lender, learn about how to integrate your homeowners insurance purchase into your mortgage closing. We’ll make sure you have your policy in hand so you can close on time.
While you’re still renting, it’s a good idea to have renters insurance to protect your personal property. Policies are very affordable for the protection they offer. Learn more about renters insurance and see what it covers.
After you move in, complete a Property Inventory (PDF). Photograph or videotape your belongings – you’ll be able to use this to make the claims process go more smoothly if your house is ever damaged or burglarized.
Whatever situation you’re in, Wells Fargo Insurance can work with you to help you understand your options and get multiple quotes from reputable insurance companies.
Need more information? Read our frequently asked questions.
Quote by Phone
1-866-294-2571
Quote Online

Homeowners Insurance Coverage Options

If you have a mortgage, you are required to have homeowners insurance, but it’s up to you how much coverage you have above and beyond what is required by your mortgage lender. If you own your home outright, you may still want to consider a homeowners insurance policy to protect your assets in the case of damage to your home or an accident on your property.
Generally, you need enough homeowners insurance to cover the following:
The replacement cost of your home: Replacement cost is the amount it will cost to rebuild your house, excluding the land. It’s not what you paid for your house, because depending on current construction costs, the price of rebuilding it may be more or less than you paid. Today, policies in the US are required to cover 100% of the cost of rebuilding your home. (Policies issued before 1990 were not required to cover 100% of rebuilding costs.) The replacement cost of your home can change because of improvements you’ve made or rising costs of construction materials, so you may need to revisit your coverage annually to make sure you’re covered adequately.

The contents of your house: Your personal property includes furniture, computers and other electronic equipment, clothes, furs and jewelry (up to a certain amount), artwork, etc. Most policies consider the value of your personal property to be approximately 50% of the amount of insurance you have on the house itself. If you think your personal items are worth more than this, you might want to complete a Property Inventory (PDF) of your possessions, listing and photographing all the items you want covered.

The cost of living elsewhere: This is important if your home is damaged and you have to live elsewhere while it is being repaired. Coverage should cover rent or hotel bills, meals, and other living expenses incurred while you’re out of your home.

Liability: This covers you in case someone is injured on your property and needs medical care, or decides to sue you. It also protects you if something in your house or on your property causes damage to another house – for example, your tree falls on your neighbor’s garage.
Other Types of Property Coverage
Umbrella Liability Policy: Umbrella coverage is liability insurance that protects your assets in cases when your underlying policy’s liability coverage is not adequate; for example, if someone is injured on your property and decides to sue you, your homeowners insurance would probably not be enough to pay legal fees or judgments against you. An umbrella policy will help protect your assets and make sure that a catastrophic claim will not put those assets at risk. You’ll also want to consider a policy if you have high-risk recreation equipment on your property, such as a swimming pool or trampoline.

Personal Floater: Valuables such as jewelry, watches and furs are protected by your homeowners policy to specific limits. If the value of these items exceeds the limits of your policy, you may want to consider a personal floater to protect your valuables up to the value of the items. Covering each piece separately may cost more, but it will protect you from a wider range of losses – like losing your engagement ring in the ocean, or leaving your expensive camera in a taxi – than your homeowners insurance policy may cover.

Flood Insurance: Standard homeowners insurance policies do not cover flood damage. If you live in a designated flood zone, you are required by law to have this kind of coverage. Flood insurance is available as a separate policy from the National Flood Insurance Program and from a few private insurers. To determine if you live in such a designated flood zone, or if you are just interested in obtaining a policy, please call Wells Fargo Insurance to learn more about how you can get flood insurance.
Call Wells Fargo Insurance to get all your questions answered and find the homeowners insurance coverage that works for your situation.

Auto and Property Insurance Bundles

Buying your home and auto insurance through Wells Fargo could save you time and money.

You can receive a discount if you purchase more than one insurance policy through one company. Wells Fargo Insurance can help you compare quotes from the multiple insurance companies we represent to help you find the policies that best meet your unique needs.

Bundled savings can include the following insurance products:
Auto
Homeowners and Condo
Renters
Motorcycle
Boat and personal watercraft
RV
ATV
Wells Fargo Insurance agents provide free, confidential insurance advice, and can help you find out if there are additional discounts available to you. Click or call to get competitive quotes from the multiple insurance companies we represent.

Homeowners Insurance

Your home is one of your most valuable investments, which is why it’s important to have the homeowners insurance that is right for you. It’s equally important to know that you’re paying a fair price for the coverage you need.

Homeowners insurance provides you with broad coverage for losses that can arise from owning your home. The types of losses for which you can obtain coverage under a homeowners insurance policy include:
Damage to your home and personal property
Fire and smoke damage
Theft and vandalism
Water damage
Liability coverage for accidental injury to another person or property
Total loss due to fire
Work with Wells Fargo Insurance to receive objective advice, clear explanations of your options, and multiple quotes from the companies we represent to help you make the right decision for you and your situation.

By working with a Wells Fargo Insurance agent, you will also learn about additional discounts and ways to save on your overall insurance portfolio.