Personal Protection

What is it?

Basically it’s a way to help protect against the financial consequences of; death, serious illness, loss of income, by producing either a lump sum or regular income benefit.

Who may need it?

Anyone with dependants, such as a family, or liabilities, such as a mortgage may benefit from this.

‘Dependants’ don’t have to be financial, for instance a parent who is primarily responsible for childcare may not contribute a great deal to the family income, but it may be expensive to find help to replace their contribution to the day to day running of the family.

How much cover might be needed?

To calculate the amount of cover you might need you should to take into account your current situation, your future requirements and also affordability.

What else might I need to know?

There are many different insurance products to cover different eventualities and timescales. Here are some examples:
Life assurance, Critical Illness cover, income cover, medical insurance, redundancy cover, endowment policies
For further details of these insurances and how they may help to provide personal protection for you, please contact us.

The choices may appear complex and we would always recommend that you seek expert independent financial advice.

Click here to send an immediate request for further guidance.