Why do I need protection?

  • Undesirable event such as unemployment, sickness or even death may not be the most pleasant thing to talk about but the impact they can have on a family cannot be ignored
  • There are many ways in which a family can protect itself and because of the large range of products available there is usually an appropriate policy for most circumstances and budgets
  • The level of cover you may require will depend on factors such as your age, number of dependents, level of income and financial liabilities

Life Cover

  • These plans payout a tax free lump sum or income to your beneficiaries in the event of your death
  • This can be invaluable if your household is reliant on a major or sole earner
  • The funds could be used to clear any outstanding mortgage and help support your family in your absence
  • Types of plans include Whole Of Life plans, Term Assurance and Family Income Benefit plans

Critical Illness

  • These plans payout a tax free lump sum or income in the event of critical illness being diagnosed
  • This type of cover can be combined with a life assurance policy or as a stand-alone plan

Income Protection

  • This type of cover can provide you with an income if you are unable to work, due to accident, sickness and / or unemployment
  • You can receive a tax free regular payment worth up to 70% of your gross salary
  • Types of plans include Income Protection Insurance (IP) and Accident Sickness and Unemployment Cover (ASU)

To note - There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk.

How we can help

  • If you have existing protection plans in place, we can review their suitability and competitiveness in the current market place
  • If you currently have a protection shortfall, we can implement a strategy in-line with your objectives and budget