Protection
Protection
Protection advice for you and your family
Most of us want to ensure that our families, as well as ourselves, are financially secure should we become seriously ill or die.
This is where life cover comes into play, as it provides a guaranteed death benefit if a claim occurs during the period of insurance. Life assurance can be set up for a specified period of time (term assurance) and can be used to repay a mortgage in event of premature death or to help replace an income lost on death.
Life cover can also be set up to defray funeral and additional costs. The cover runs for the whole of the insured's life. This type of plan is commonly known as whole of life assurance.
There are many other protection policies designed to protect an individual and their family against other events such as disablement, accident, critical illness, the loss of income due to being unable to do your job, redundancy and long-term unemployment.
With an array of choices available, it is imperative to seek professional advice in this area.
Please contact us and we will be happy to assist you in your choices.