Protection Advice
Reviewing your protection options can be done anytime, and you don’t have to be applying for a mortgage to book a consultation. There is no charge for protection advice and the advice I provide is tailored to your circumstances. I have whole of market access for protection. Whether it is life insurance, income protection or critical illness cover, I will ensure that we apply with the right provider for your specific needs.
Financial Safety Net
Protection advice is about making sure you, your family and your finances have a safety net if life takes an unexpected turn. This could include life cover, critical illness cover, income protection or private medical insurance. The approach will depend on your circumstances, existing benefits, budget and personal preferences, helping you understand the options available and where there may be gaps in your current cover.
Personal Protection Insurance
Whether it is the peace of mind that your mortgage is paid off if you die or providing a legacy for family-the recommendation is based on your personal situation and requirements. I can also help you to arrange a whole of life policy for inheritance tax planning.
Business Protection
Looking for a solution to provide income protection or life cover for employees or directors? I can talk you through the options to find the right fit.
Pure Protection
Pure protection products are designed to ensure financial resilience if things go wrong. They provide support either through regular payments or lump sum payments when things don’t go to plan. I can help you build a plan that ensures a meaningful and robust safety net to keep your financial goals on track.
Free Consultation
Protection advice is free of charge. I have access to ALL the main UK providers and will ensure your application goes to the right provider. The premiums are non-loaded, so you get value for money as well as the benefit of a fully advised service.
Recommendation
After a comprehensive search of providers, the recommendation will be tailored to your specific circumstances.
Application
You are not alone to make the application. I will apply for the policy with you and talk through the underwriting questions to ensure accurate information.
Private Medical Insurance
Arranging private medical insurance (PMI) is a type of general insurance that gives you access to private hospitals and treatment throughout the UK. The cover can be tailored to your requirements and can help you to receive faster diagnosis and treatment.
Mortgage Life Assurance
Decreasing term assurance is a type of life insurance designed to cover debts such as a mortgage. The amount of cover decreases broadly in line with your mortgage balance and the premium remains the same throughout the term. Generally a cost effective insurance that typically includes terminal illness cover.
Life Insurance
Life insurance, or level term assurance, provides a specific amount of cover for the term of the policy. This can be to provide a legacy for family, to cover debts or the financial shock if you are no longer around. Level term insurance is often taken out in combination with critical illness cover.
Critical Illness Cover
Critical illness cover is a type of insurance that pays out a lump sum if you are diagnosed with a covered condition. Generally speaking, most providers cover up to 60 illnesses. People use these funds for various reasons, including making home adaptations, lifestyle choices such as family holidays or to cover daily expenses.
Some policies also offer serious illness cover. This type of policy pays out a percentage of your cover amount for less serious conditions. There are options to have up to 3 times the benefit amount covered and 178 different conditions.
Family Income Benefit
Family income benefit is a type of life insurance that pays out a monthly income rather than a lump sum. It is generally less expensive than lump sum life assurance and can also be used to provide critical illness cover.
A key use of Family income benefit is to provide an income for children in the event of your death. Parents typically run a policy to their child’s 23rd birthday with a benefit amount that would pay school fees, university costs, driving lessons, the associated costs of “raising kids”. As the payout amount is less the closer the policy is to end date, the monthly premium is lower.