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)

Tax treatment varies according to individual circumstances and is subject to change.

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