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    Life, Critical illness & Income protection

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Life Insurance

Many people in the UK have either insufficient life cover in place, or none. We appreciate there are many reasons why people don’t protect themselves, however, busy lifestyles increase our vulnerability to serious accidents and ill-health.

Have you thought about the impact not having any protection could have on your lifestyle and loved ones if anything were to happen to you?

Everyone needs some form of cover, what type and how much you need depends on your circumstances. Whether you have a mortgage or you are looking to protect your family we can provide you with the cover that is right for you.

For an introduction to protection and why it is important, please refer to this easy to understand video from Aviva: here.

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Life Insurance

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Critical Illness

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Income Protection

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Family Income

Life Insurance

Life Insurance

The most basic type of life insurance is known as term insurance. With term insurance you choose the amount you want to be insured for and the period for which you want cover. If you die within the term, the policy pays out to your chosen beneficiaries. If you do not die during the term, the policy will end and there is no surrender value.

There are two main types of term assurance to consider – level term and decreasing term insurance.

Level term insurance

A Level Life Insurance plan provides you with an amount of cover that stays the same throughout the plan. It is designed to cover a fixed debt, such as an Interest Only mortgage, or provide a lump sum for your dependents in the event of your death.

Decreasing term insurance

A Decreasing Life Insurance plan provides you with an amount that will reduce over the requested term. This type of plan is designed to be used with a repayment mortgage where the outstanding loan decreases over the same time.

Whole of Life insurance

Whole of Life Insurance will provide you with cover for the rest of your life so your beneficiaries will receive an amount no matter when you die. This type of policy is typically more expensive than those that cover a set period of time. It is generally used to provide money to cover a funeral or for inheritance tax planning*.

* The Financial Conduct Authority does not regulate taxation and trust advice

Call us and speak to one of our friendly qualified advisers today for more information.

CALL US ON 01489 580020

Critical Illness

Critical Illness


Finding out that you have been diagnosed with a critical illness is going to be devastating, knowing that you have no protection in place could potentially be a financial disaster.

Critical illness insurance is designed to provide you with a tax-free cash lump sum, on diagnosis of a specified definition of a critical illness, typically Cancer, Heart Attack or Stroke, Multiple Sclerosis or Parkinson’s disease.

Whether you have a mortgage, are single or have children we can provide you with the cover that is right for you.

Call us and speak to one of our friendly qualified advisers today for more information.

CALL US ON 01489 580020

Income Protection

Income Protection

Are you protected should your income stop?

Covering your monthly expenditure – If you were off work due to a long-term sickness or accident, how long would any savings you have last. Would you be able to survive on £109.40 per week from the state to cover your mortgage, utility bills, food & travel expenses?

One of the simplest ways to cover loss of earnings is by taking out an income protection policy.

Income protection insurance is a long-term insurance policy to help you replace your income if you are unable to work due to long term sickness or accident.

The plan is designed to pay out a regular monthly tax-free benefit based on a percentage of your earnings typically 50-60% of your gross annual income.

Income protection policies pay out a set amount of income after a specified period of time, and you can elect a waiting or deferred period of between one and 12 months; the longer you defer, the cheaper the policy. It usually then pays out until you either return to work, the policy expires, or on death.

However short-term Income protection policies are now available at a lower cost. These usually pay a monthly benefit for a maximum of 24 months for any one claim. Caution is required as some plans only pay for a maximum of 24 months throughout the life of the plan.

Premiums are based on age, occupation, health, monthly benefit required, term of the policy, waiting period, and your smoker status.

Call us and speak to one of our friendly qualified advisers today for more information.

CALL US ON 01489 580020

Family Income Benefit

Family Income Benefit

A family income benefit insurance plan is similar to level and decreasing life insurance, except that it will pay out a regular monthly income rather than a lump sum. It is designed to cover those who may suffer financially if the main earner dies.

The amount of income and term required are selected at the outset. Typically, a plan is set up to run until your youngest child reaches 18, 21 or even 25. In the event of a claim, a tax-free income will be paid for the remainder of the plan.

Family Income Benefit is a low cost, tax efficient solution to Family Protection.

Call us and speak to one of our friendly qualified advisers today for more information.

CALL US ON 01489 580020

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