Protection

A cornerstone to sound financial planning - as many families would struggle to make ends meet if a main household earner developed a serious illness or died.

No-one can

predict the future

No-one can predict the future but we can help you prepare for the unexpected. We strongly encourage arranging good protection as early as possible to  give you peace of mind that your family will be financially secure – whatever the future brings.

Common reasons for setting up financial protection could include:

  • To provide financially for your family if you die or develop a serious illness.
  • To cover mortgage and/or debt repayments.
  • Maintain your lifestyle and cover household bills and/or child care costs if you are unable to work due to an accident or illness.
  • Cover a potential inheritance tax bill.

Our dedicated advisers will understand and get to know your family circumstances, potential protection shortfalls or vulnerabilities. Assessment will include such thing as; what you already have in place, various scenario impacts on your family and their lifestyle, income, capital resources and future aspirations. After potential risks and vulnerabilities are identified – we can begin setting up appropriate solutions to ensure sufficient levels of protection is put in place to safeguard you and your family.

As we know your personal and family situation may well change over time and so it is important to review your protection and insurance needs on a regular basis to ensure benefits remain in tune with your circumstances.

Make An Inquiry

We offer advice on…​

  • Life assurance
  • Critical illness cover
  • Mortgage protection
  • Income protection plans
  • Business protection
Why might you use protection or insurance?

Protection is often needed to ensure your family will remain financially secure if you were suddenly unable to provide for them – for example, if you became ill or died. Protection can also be used to pay a future Inheritance Tax bill.

Financial protection usually comes in the form of an insurance policy. There are many different types available – the right one for you will depend on your individual circumstances.

 
  • Life insurance pays out a lump sum or a regular tax-free income when you die
  • Income protection (salary replacement) cover pays a tax-free monthly income if you become unable to work due to a health condition or injury
  • Critical illness or serious illness cover pays a lump sum or a regular tax free income if you are diagnosed with (and survive) a serious illness, or have to undergo certain complex surgical procedures

Level term and decreasing term life insurance policies both continue to provide protection for a predetermined length of time, and will pay out a lump sum if you die within this period. However, level term policies specify a lump sum that can stay the same throughout the life of the policy, whereas decreasing term policies offer a lump sum that automatically reduces over time.

Whole-of-life policies are a type of life insurance that last for the rest of your life, rather than for a predetermined number of years. They are often used to cover a future Inheritance Tax bill. Premiums can be guaranteed (the future cost is known) or reviewable (the future cost is unknown).

Family income benefit policies pay money to your beneficiaries upon your death or if you are diagnosed and survive a specified critical illness. However, unlike other life or critical illness insurance policies they pay out a regular tax-free income until the plan’s end date, rather than a one-off lump sum. You can choose how long the policy payments will last – for example, until your youngest child turns 18.

This type of insurance pays out a tax-free monthly income, based on a percentage of your earnings, if you become unable to continue your normal occupation due to a health condition or injury. After a pre-agreed waiting period, you can claim a percentage of your earnings until you return to work, the policy ceases or you die.

Critical illness cover or serious illness cover pays a tax-free lump sum if you are diagnosed and continue living with a defined illness, or have to undergo certain surgical procedures. The list of conditions includes heart attacks, strokes, brain tumours, a range of cancers and degenerative diseases such as Parkinson’s. Critical illness benefits for children are automatically included with most providers.

Helping You Plan A Successful Financial Future

Our core value is all about our clients, delivering good outcomes and fairness – working together to build a brighter future.

We’ll listen and take the time to truly understand your unique circumstances, goals    and aspirations. We can then move forward to create a personalised financial strategy designed to help you achieve your financial objectives and peace of mind at every stage of life.

What’s more – we are committed to using as little jargon as possible and putting things in plain English.

Our Approach