Protecting your family and business
There is a wide range of products on the market offering peace of mind for you or your business. Your Financial Planner will help to find the best ones for you, whether you are looking to insure yourself in the event of death or illness, plan for long-term care or insure a key member of your business.
Life Assurance
Life assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children. Some of forms of life assurance can also be used as flexible savings accounts. Whatever your situation, we can help you set up a life assurance plan that can be tailored to give you the cover you need at every stage of your life.
Critical Illness Cover
Although life assurance is the most popular form of cover, serious illness, such as a heart attack or stroke, is another major threat to a family’s standard of living. Even if the person affected can still work, extra money might be needed to cope with any disability. We can help you arrange cover for a set list of illnesses, with payment in a lump sum to reduce your capital liabilities, pay for childcare, home help or structural alterations to your property if they’re needed. Essentially, the benefits from a critical illness policy give you time to come to terms with your condition and decide what changes you want or need to make to your life.
Income Protection
The level of State provision means that it may be wise to protect against the financial impact of the main earner suffering long-term sickness or disability. State provision is minimal, so it can be worth taking out a good income protection policy.
Long-Term Care
With life expectancy increasing, the need for and cost of long-term care has risen sharply. We can advise you on investing to meet any care fees and select insurance policies that could meet the costs and help protect any family assets that might otherwise have to be used to fund long-term care.
Corporate and Partnership Life Assurance
While businesses are quick to insure their assets and premises, they are less likely to insure key members of the team. By advising you on Corporate and Partnership Life Assurance, we can help you guard your business against the financial implications arising from the death or incapacity of key executives and directors. You can protect yourself against the exact nature of the loss, and this extends to losses suffered by the families of director-controlled enterprises.
For further information please complete our online form or contact one of our financial planners.