Your Life Insurance
If you have a mortgage, you’ll know that this is likely to be the biggest financial commitment you’ll ever make. Investing in a life insurance policy will ensure that your home, and your loved ones, remain protected. Our specialist financial advisor can suggest the best options available to you and your family should the very worst happen.
Our specialists can also help company owners and decision makers understand the benefits of certain policies both to them directly and their work force.
Investing in a life insurance policy will result in a sum of money being paid to your dependants in the eventuality of your death. This figure can then be used to cover any existing debt, such as a mortgage.
This type of cover results in a sum of money being paid to the insured if the insured is diagnosed with a specifically listed critical illness. This list of illnesses will differ for each provider, and the best rate isn’t necessarily the best cover which is why it is important to receive advice on the best option for you.
Family Protection Income Policy (FPIP)
A FPIP will replace the lost monthly income for a household’s main earner, or will pay for childcare should the primary care giver pass away. The premium you will pay is dependent upon age, sex, occupation, the sum assured or term of the policy.
This type of protection covers sickness or injury that prevents the insured from being able to work and earn. This type of protection is available to both employed and self-employed individuals.
Private Medical Insurance
With the NHS cuts and restrictions on drugs and treatments, this has become an increasingly attractive and affordable option to both employed and self-employed individuals. We have access to a choice of competitive providers; who offer a selection of hospitals. The premiums can be personalised entirely to suit individual needs, and budgets.
Is a life policy, taken out by an employer, so they pay the premiums, on the life of an employee, this can be written in trust to ensure the benefits are paid to a specific person, whilst being tax efficient. We set up lots of these policies for business owners where the policies are written in trust to the dependents.
Key Person Insurance
This policy covers the life of a key employee, the employer pays the premium and receives the benefits. This can help pay for a replacement or be put towards a loss in profits.
To have a commitment free discussion about your life insurance options, please call 01787 379000 or email email@example.com