PROTECTION

Life assurance cover can take many forms and there are many different types of protection which can cover certain events such as premature death, the onset of a critical illness or both combined.

The amount of cover can be payable as a lump sum or monthly amount. Premiums and cover can be for a fixed term or can be based on a whole of life basis, which as its name suggests, provides cover for the whole of your life. This can be subject to premium or cover reviews so it is important for us to advise you on the most suitable plan for your needs.

We can also advise you on mortgage protection cover which covers your mortgage liability in the event of premature death or sickness.

We can also offer family protection solutions such as family income benefit which pays out an income in the event of death.

Permanent Health Insurance or income protection cover as it is also known can provide essential cover for those who are unable to continue work through sickness or accident and can be critical for self employed people who have no other form of protection afforded by those employees in a scheme at work.

We can independently review premiums across the market and provide you with the best plan and cost to suit your individual needs and circumstances.

Income Protection

...protects your income in the event of long-term illness or accident that prevents you from working. The maximum you are allowed to insure for is usually 50% to 60% of your earnings before tax.

In the event of a claim being made because of illness or disability, an income protection insurance policy would pay out a tax-free income.

Cost of coverage depends on many factors, all meant to determine risk.

These factors include age, gender, lifestyle, health, and occupation. The amount of coverage you need is dependent upon debts, mortgage, and family needs.

By spending just a little time to compare quotes, you can save a lot of money and trouble on premiums.