Protecting the things that matter most to you
No one likes to think about the worst happening and it can be easy to put off arranging cover until it’s too late. However, just like planning a trip of a lifetime, the savvy traveller will put the right insurance policies in place should the road ahead get bumpy.
The right protection policies will not only protect yourself, but your loved ones too. With so many options available, making the right choice can be a daunting prospect. From income protection or private medical insurance to mortgage protection and life insurance, we’ll guide you through the maze of different types of cover.
Our highly qualified advisers will explain the benefits and exclusions of each policy so you can tailor a package that’s just right for you and your situation, giving you everything you need, and nothing you don’t.
Family are the most important people in your life and wanting to protect them is one of the strongest human instincts. Should something happen to you, it is important to know that there is some financial security in place for your family. There are a range of solutions that we can put in place as part of your financial plan including:
Critical illness cover
A term assurance which will pay out a lump sum if you are diagnosed with a specified critical illness.
Designed to provide you with an income if you are unable to work due to accident or illness.
A policy that pays out a sum of money either on the death of the insured person or after a set period.
Our advisers will research and recommend the policies most suitable to your individual needs and recommend the solutions that provide the right level of cover to support your family should they face a significant loss of income.
Private medical insurance
Despite the fact we all like to think that we will live long healthy lives, and a great deal of us take steps to ensure we are as healthy as possible, the sad truth is illness can strike at any time, to any person. Private medical insurance (also known as health insurance) supplements the services provided by the NHS. Whilst most UK residents are entitled to free healthcare from the NHS, private medical insurances will pay for all or some of the costs associated to being treated in a private hospital. Most policies usually cover in-patient treatment as standard but some policies will also cover out-patient treatment. There are certain exclusions that are quite common across private medical insurance and these tend to include things like pregnancy and child birth, cosmetic surgery to improve your appearance and illnesses such as HIV/AIDs and epilepsy.
For most of us, the largest financial commitment we ever make is the mortgage loan we use to buy our house. However, arranging the mortgage is only part of the process; you may also want to decide how to protect the loan if your earnings situation changes..
If you are looking purely to protect your mortgage in the event of a death or illness, a decreasing life insurance will ensure you are only paying for the cover you need. The sum assured goes down in line with how much you owe on your mortgage and you can add a critical illness element to the cover.