Protection

Introduction

Most people prefer not to think of death, or suffering with a disability or illness. Unfortunately during our lifetimes we will at some point lose a loved one, know someone who suffers from a serious illness or is disabled as a result of an accident.

Nothing can make up for any of these, but it’s not just the basics of every day living such as food, heating, clothing and the mortgage that need to be paid for, but also the extras which are often taken for granted. These may include the annual holiday, or treats for the children.

In certain circumstances, on the death of a husband or wife, the state currently provides a bereavement payment that is just enough to cover the basic funeral costs. Unmarried partners receive absolutely nothing!

The Widowed Parents Allowance and Bereavement Allowance provide a modest level of income, but again unmarried partners get nothing!

You need to ask yourself “Without me can my family survive?”

Without planning the consequences of any of the above can be disastrous and in extreme circumstances this could even result in the loss of the family home. You may also wish to consider protection for your spouse and dependants. Beware of using life cover and price comparison websites, unless you have independent financial advice you could end up with the wrong type of cover, not enough cover and could end up worse off.

It is important to consider putting your life cover into Trust, which mean that the benefits of your policy are given to right people at the right time.

Range Of Protection Cover

Life Cover:

This offers you and your family financial protection when you need it most. It will provide a cash lump sum or a guaranteed income on death, for the equivalent of a few pounds per week.

Critical Illness Cover:

Is designed to provide a lump sum cash benefit to help relieve financial pressure following a critical illness or permanent total disability. How the money is spent is entirely up to you.

Life or Earlier Critical Illness:

This is a combination of Life Cover and Critical Illness Cover. It offers you and your family financial protection and is designed to provide a cash lump sum on death or earlier if you suffer a critical illness or permanent total disability.

Income Protection Cover:

Provides you with an income to help you maintain your standard of living, if you are unable to work due to accident or illness.

Houseperson’s Cover:

This provides a regular income to cover the cost of child care, invalid care or household help, if you are incapacitated and meet certain incapacity assessment criteria.

Accident, Sickness and Unemployment Cover:

Is designed to protect your mortgage payments. It will provide you with a regular income alleviating financial worries during this difficult time.

Pension Contribution Protection Benefit:

This benefit is designed to provide protection for your individual personal pension payments or stakeholder pension contributions if you suffer a long term disability as a result of sickness or accident.

This type of cover can help to protect your retirement ambitions.

Waiver Benefit:

This optional benefit ensures that your payments for Life Cover, Critical Illness Cover and Life or Earlier Critical Illness Cover are waived if illness or accident prevents you from working for at least six months, or you meet certain incapacity assessment criteria.

Summary

With our help you can choose which types of cover you need, how much you need and for how long. We understand that your personal circumstances will change over the years, and through regular discussions and reviews we will help you to provide cover for all of your protection needs.