Protection Advice From a Qualified Advisor
There are so many different protection plans available, such a wide array of jargon and minutiae, that I believe it is wise to get sound protection advice from a qualified adviser. I can give you tailored advice on all of your protection needs from advice on life cover to Critical Illness Cover, Income Protection, and Family Income Benefit.
You can’t take out a policy when you’re dead!
Thinking about your own mortality, contracting serious illness or being unable to work due to long term sickness is hardly appealing, but planning to mitigate the financial impact of such horrible outcomes is vitally important
However, the truth of the matter is that most people spend more time sorting out their car insurance than they do ensuring that their family can continue to manage financially should the unthinkable happen, which is quite bizarre given that people’s life and heath is vastly more valuable that the vehicle they drive.
If you are one of those people who have been happily burying their head in the sand, then maybe you should get in touch for a free, no obligation assessment of your protection needs. I will explain the relative merits of each type of policy available and implement the appropriate cover given your circumstances and budget.
But what about your business?
If your personal life is protected then that’s great, however what about your business? Whether you are a Director of a Limited Company or a Partner in a Partnership, have you ever considered what would happen to your business if you became seriously ill or died? What if this happened to one of your co Directors/Partners? Or one of the employees crucial to the success of your business?
If your share of the business passes to your spouse then what are they going to do with it?? Can the business afford to buy your former interest in the business back of your spouse?
I can help you identify the effects of such an unforeseen event and put in place cover to protect your business, enabling it to continue to function in such hard times by utilising some or all of the following:
- Loan Protection – keeping the bank off your back
- Key Person Cover – giving you breathing space should you lose a critical member of staff
- Relevant Life – providing protection for your family in a tax efficient manner
- Ownership Protection – allowing your business to stay in control and your spouse to easily sell their interest in the business to your other Directors/Partners
It really isn’t that difficult
Once the appropriate plans are in place you can relax and we can simply review the cover should your circumstances change.