April 2019

Have you got the protection policies that you need? It pays to begin thinking about insurance cover once you take on financial responsibilities such as buying a house, or starting a family.
If you weren’t able to work and earn money due to illness or injury, how long would you and your family be able to survive financially?
We can offer advice about cost-effective policies, that can provide peace of mind and protect your lifestyle.

FAMILIES NEED FUTURES

Starting a family is an exciting and fulfilling time. Having children is a big responsibility, and every parent’s top priority is to protect and nurture them. You’ll want to plan as wisely as possible for their future too. You’ll need life assurance to ensure that if anything were to happen to you, your family wouldn’t be left struggling financially.
If you haven’t already done so by this stage, you might want to think about income protection and critical illness cover, as well as private health insurance.
A big promotion, a larger mortgage, further additions to your family are all times when you should think about the amount of insurance protection you have, and get some good advice about the plans you need.

EMPTY NESTERS

It can be easy to think that your days of needing insurance are behind you, but you may find life policies have a valuable part to play in passing on your wealth to future generations. If your spouse depends on your pension, you may want to take out a policy that would provide funds on your death.
If policies are written in trust, the proceeds can be paid to the beneficiary without the need to wait for probate to be obtained.
Income protection (with no investment link) has no cash in value at any time and will cease at the end of the term. If you stop paying premiums your cover may end.