Ensuring that you are protected by an insurance policy in the event of death, critical illness or incapacity should be considered a key part of your financial planning process.
Life assurance policy
This simply means insuring a life so that, in the event of death, a sum of money will be paid out in order to ease the financial burden on any survivors. Life assurance policy should be considered a priority for any individual who would be leaving family or a dependant behind. We are able to provide advice specifically suited to your needs.
Income protection insurance
This provides you with a regular payment that is designed to replace your income if you are unable to work as a result of illness or injury. Many people do not realise the true value of their future earning potential, which, when you consider it in this context, is the main asset that an individual will have over their life.
Critical illness cover
Critical illness protection cover should be considered by any individual who would face financial concerns in event of suffering from one of the listed illnesses. These are typically serious conditions such as heart attack, stroke, some forms of cancer or where there may be a requirement for major organ transplant. This is an insurance that pays out directly to the insured.