Protecting your Future
WHAT DO I NEED TO PROTECT?
Our team will work with you to assess your circumstances and determine the areas that should be considered before presenting qualified recommendations.
This is cover that pays out on death. The amount of cover can remain the same, increase or decrease. It can serve many purposes such as protecting a mortgage or protecting a family against premature death.
FAMILY INCOME BENEFIT
Another way to provide protection cover against death or critical illness is to consider Family Income Benefit where, as opposed to a lump sum, a regular income is paid out for the duration of the policy upon an unexpected event taking place.
Critical Illness cover is designed to pay a lump sum, or regular income, upon diagnosis a specific illness/condition. Similar to life assurance, the cover is suitable under a variety of circumstances.
The only compulsory protection requirement in UK law is Buildings Insurance. We would usually look at this area in conjunction with Contents Insurance either upon initial house purchase or on an ongoing annual basis.
As the name suggests this is designed to replace income in the event of ill health. Income Protection plans, although often overlooked, can be seen as the cornerstone of comprehensive protection planning.
This cover pays the hospital, or doctor, for any treatment you require and can include consultations in a private hospital or to allow you to be seen earlier within an NHS setting.