Unexpected life events such as incapacity, redundancy, critical illness or premature death can have a dramatic effect on your family or your business; it is easy to dismiss insurance policies by falling into the mindset that “it will never happen to me”.
Unfortunately, in our experience these events do happen, and it is important to be financially prepared for any eventuality.
Some of the types of protection policy we can help you consider include:
Personal Life Cover
Life Assurance pays out a lump-sum or income to your chosen survivor upon death and can be single or joint life (can choose to pay out on first or second death). Should the worst happen to you or your partner, you will be safe in the knowledge that your family will be financially secure if you have the appropriate protection in place.
Protects you against the loss of income due to accident, illness or unemployment. For most people, income is our most important asset and if this stream of income were to suddenly cease, this would lead to financial insecurity.
For company owners/directors, it may be beneficial to put in place a protection agreement which would prepare for a key shareholder of the company dying or becoming critically ill. Meanwhile, Relevant Life Cover can be offered by employers to (usually high earning) employees; paying out a tax-free lump sum on death.