Protection

Quite often we’ll hear ‘I’ll sort it out later or ‘it won’t happen to me, but whether you are on your way to taking out your first mortgage or already having one in place, you must always protect what is likely to be the biggest financial commitment during your lifetime.
Our team is experienced, dedicated, and passionate about ensuring that you and your family have financial security, should one of life’s unfortunate events sadly occur. Whether this is through serious illness, being diagnosed as terminally ill, or dying prematurely, there are several products available to help provide you and your family with peace of mind. We offer you reassurance, expertise, and a safe pair of hands allowing you to make the most important decisions about your and your family’s financial security and well-being
Your Adviser will build an understanding of your circumstances and will provide tailored recommendations to fit you and your family's requirements.
‘Failing to plan, is planning to fail’ is commonly heard and this is no better suited than to ignoring the crucial decisions made whilst protecting both your family and your household income.

The truth is we’ve all got a lot more to lose than we imagine. So, it’s worth asking yourself what needs protecting in your life.

Life Assurance

Life Assurance is designed to make sure that your family are financially supported in the event of your premature death. It provides cover for a fixed period and pays a one-off tax-free lump sum if you were to die during the policy term.
You can also add Critical Illness Cover onto a Life Assurance policy, and the plan would pay-out once upon diagnosis of a critical illness or if you were to die during the term of the policy.
The lump sum provided by this policy can be used to protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used towards repaying your existing mortgage and credit commitments, covering funeral expenses or to provide additional funds towards on-going household expenditure or extended bereavement leave.
Our experienced team will help you put together to tailored plan to meet your requirements.

Critical Illness Cover

Critical Illness Cover is designed to pay out a tax-free lump sum upon diagnosis of specific illnesses. These are often added onto Life Assurance policies as an extra benefit but can be offered as a standalone plan.
This is a policy that should be considered should you want a lump-sum upon diagnosis of a serious illness. This can often lead to a significant period off work and the lump sum can be used towards repaying your mortgage, credit commitments or covering your income whilst you are unable to work. It can even be used towards making the necessary modifications to your home or care arrangements should the illness impact your ability to maintain your usual lifestyle.
It is important to note that the quality of the cover and number of illnesses covered can vary significantly between different insurers. Our experienced team will help you put together to tailored plan to meet your requirements.

Income Protection

An Income Protection policy is designed to pay you a tax-free monthly income if you are unable to work due illness, accident, or injury. These plans will continue to pay the monthly benefit until you are able to return to work or up until the end of the policy term, which would typically be your state retirement age.
This type of plan is imperative whether you are an employee or self-employed and should be the foundation of any financial planning, as the likelihood is that the cost of other plans would be unsustainable should you not have sufficient income coming into your household.
Often employees will receive sickness benefits from their employers, but it’s important to note that these will often last no longer than twelve months. With Statutory Sick Pay being just £99.35 per week, it’s crucial not to underestimate the importance of ensuring that your family has sufficient income to cover the mortgage and associated household expenditure for the foreseeable future.
Our knowledgeable team will adapt the respective policies to fit in with any existing protection arrangements that you have in place and help to put together to tailored plan to meet your requirements.

Family Income Benefit:

Family Income Benefit (FIB) is designed to provide your family with on-going support in the event of your premature death. Whilst a Life Assurance plan will pay a lump sum that is often suited to paying off your mortgage and associated debts, a Family Income Benefit Plan is set-up to ensure that your family has sufficient income to continue living to the same lifestyle even with reduced income coming into the household.
Should you die within the policy term, the policy will pay out a monthly tax-free income until the end of the term. We would look to support the survivor with sufficient monthly income to cover their lost one’s salary or provide towards childcare expenses. This policy should be considered imperative if you have young children or dependents as we look to ensure that your family do not suffer financially during an already distressing situation.
Our experienced team will help you put together to tailored plan to meet your requirements.

Whole of Life

This a type of Life Assurance which pay out when you die, whenever that may be. Given the length of the cover, it will usually be a more expensive solution on the basis that the insurer knows that they will pay-out at some point in the future. It is often taken by those who want to ensure that they leave a lump sum in the event of their death, at whichever stage that may occur.
It’s important to note that many of these plans offer a form of investment content so can be more flexible than traditional Term Assurance plans and can acquire cash in values.
These policies should be considered by those who are looking to pay off debts that will not be repaid during their lifetime, or those who wish to leave a lump sum that would be sufficient to pay any potential inheritance tax liability.
Our experienced team will help you put together to tailored plan to meet your requirements.