The mainstay in financial planning is providing financial stability to you and your family in the event of sickness, serious illness or death. Effective risk management is ensuring your lifestyle is secured if anything unfortunate were to happen to you.
Life cover, critical illness cover and income protection are cost-effective ways of protecting you and your loved ones from the financial impact that death or an unexpected illness could have. Life insurance also ensures your plans stay on track, no matter what life throws at you.
It’s easy to think you might never need it, but we all know of someone whose been affected by a serious illness. Having a financial safety net in place can help reduce the devastating impact that an illness like this can have on you and your family.
Our experienced advisers can create a tailored protection package for you that suits your particular circumstances and takes into account your financial plan as a whole. They will look at what insurance you might already have and fill any gaps so you have exactly what you need. This is what we offer:
Life insurance provides a lump sum to your family if you were to die unexpectedly. The amount of cover can be closely aligned to what they would need to maintain their current lifestyle – for example, you could be covered for the total amount of your mortgage liability, your total monthly outgoings or school fees.
Income protection insurance will provide a pay-out if you’re unable to work. Our advisers can create a plan for you that works alongside any entitlements your employer offers so that there’s no unnecessary duplication.
Critical illness cover
This will provide a lump sum if you’re diagnosed with a serious illness such as cancer, heart attack or stroke. Again, the payment from this could be designed to cover your current liabilities so that financially at least, things can remain the same.