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Personal Protection

Personal protection for both you and your family. Below is a quick glance guide to the generic products available along with some of the features and benefits that they can provide you. We would aways recommend taking professional advice before taking out any policies.

If you have any further questions or would like a FREE no obligation quote then please do not hesitate to call us on 0117 9675 052 or alternatively drop us an e-mail.

Decreasing Term Assurance

How it works: A policy that pays out on death a pre-determined figure that decreases, generally, in line with your mortgage. Decreasing Term Assurance will only pay out during the term of the contract at which point the cover ends with no financial return.

Benefit to you: Pays out a tax free lump sum which enables you to clear your mortgage in the event of death.

Ask yourself: How would your family cope if you were not here tomorrow? Could they afford to keep paying the mortgage?

Level Term Assurance

How it works: A policy that pays out on death a pre-determined figure that stays level throughout the term of the policy. Level Term Assurance will only pay out during the term of the contract at which point the cover ends with no financial return.

Benefit to you: Pays out a tax free lump sum which enables you to clear your mortgage or protect your family in the event of death.

Ask yourself: How would your family cope if you were not here tomorrow? Could they afford the mortgage/general living expenses?

Critical illness

How it works: Can be combined with the two policies listed above or taken out as a stand alone policy. Pays out a predetermined amount on diagnosis of a number of pre-specified critical illnesses. Critical Illness will only pay out during the term of the contract at which point the cover ends with no financial return.

Benefit to you: Allows you peace of mind in what would already be a traumatic time. Perhaps it would enable you to clear your mortgage or cover general living expenses.

Ask yourself: Would you be able to continue to pay your mortgage in the event of a critical illness? Would you or could you still go to work? If the answer to these questions are no then you may wish to consider critical illness cover.

Family Income Benefit

How it works: A policy that pays out a monthly income in the event of death. Family Income Benefit will only pay out during the term of the contract at which point the cover ends with no financial return.

Benefit to you: Provides your family with the same life style to which they have become accustomed in the event of death.

Ask yourself: Even with the mortgage covered and perhaps cleared could the family still afford to live in the family home in the event of a death? Would there also be additional costs that need to be met such as child care?

Income Protection

How it works: A policy that pays a pre-determined monthly income for a set term in the event of a disability until you return to work, retire or die. Income Protection will only pay out during the term of the contract at which point the cover ends with no financial return.

Benefit to you: Provides you with a monthly income in the event of you being unable to work due to an illness or serious disability.

Ask yourself: Where would your income come from if you were involved in a serious accident? How would it affect the rest of your family, could they cope on state benefits?