It's easy to think you've got everything covered, but would your family be able to cope financially. It’s hard to imagine the cost if you had to stop working because of a critical or terminal illness, or if you died?
As Independent Financial Advisers we can advise on the full range of protection products to suit your individual circumstances.
Insurance based on an assessment of health is unlikely to cover you for previous or existing medical conditions and you should refer to policy documentation and seek advice in order to understand what the policy does and does not cover before making an application.
Is designed to provide a tax-free cash sum if you die or develop a terminal illness during the term of the policy.
Critical Illness cover
Is designed to provide a tax-free cash sum if you suffer a critical illness or disability during the term of the policy.
Income Protection cover
Pays out a regular tax-free income if you suffer illness or accidental injury and are unable to work leading to a loss of earnings during the term of the policy.
Can be used if you become involuntarily unemployed during the term of the policy. This will pay a regular tax-free income to cover the costs of your mortgage payments.