Insurance & Protection

Protect yourself and your business with affordable insurance.

Insurance & Protection

We take pride in offering a comprehensive range of services to our clients, and that includes providing recommendations for other professional services.

We understand that every client's needs may go beyond our scope of expertise, and that's where our network of trusted professionals comes in. These are services that we not only recommend but also utilize ourselves on both a personal and professional level. By using these services firsthand, we can confidently pass on these recommendations, knowing that they uphold the same high standards of quality and excellence that we do.

Our goal is to ensure that our clients have access to the best resources available, enabling them to address their various needs and achieve their goals with confidence and peace of mind.

Helping to protect the future of your business

Life Assurance

This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance policies can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. 

Critical Illness Cover

Critical illness Cover is designed to pay out a lump sum on the diagnosis of certain specified illnesses.

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers. As advisors we can help you find the plan that best meets your requirements.

Income Protection

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).

This type of plan is quite often seen as the foundation of any financial planning, especially for self-employed individuals who haven’t the luxury of sick pay from an employer as its likely that other plans will have to be given up if you do not have sufficient income coming into the household.

However this type of plan is designed for anyone whom is working (employed or self-employed) It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have.

Private Health Cover

One of the most significant benefits of Private Health Insurance is the knowledge that your health is taken care of. You will have the comfort knowing that should you, or your loved ones, ever suffer any serious medical issues, you will have access to rapid treatment, the best facilities and the widest array of options for proceeding with your treatment and care.

Providing peace of mind knowing that you can receive the treatment, when you need, should you need it.

Business Protection

Helping to protect the future of your business

Business Protection aims to reduce the financial impact of death or critical illness affecting key people within your business. Do you depend heavily on the skills and judgements of others within your business? Are these people vital to its effectiveness and profitability?

If so, have you considered the financial impact that the death or critical illness of such a key person would have on your business? The impact could be:

  • A loss of profit
  • An interruption to cash flow
  • An inability to make loan repayments
  • A change in shareholder control.

In some instances, the financial impact could be so great, that the business is unable to continue. Business Protection allows you to put in place cover that would ensure that funds become available, should a key person in your business become critically ill or die.

Partnership Protection

The success of your business can depend on those who own and run the business. Have you ever considered how your business would cope if a partner or shareholding director died?

It’s likely that the death of a partner or shareholding director would have a huge impact on the future of your business. The surviving partners or directors may struggle to continue the business or even to retain control of it. In the worst-case scenario, the financial strain may force the business to cease trading.

Similar problems could occur if a partner or shareholding director were to suffer from or be diagnosed with a critical illness. Your share in the business is likely to be one of your most valuable assets and you will no doubt wish to protect it for the benefit of your family.

Business protection can provide funds on the death of a partner or shareholding director. A legal agreement ensures that these funds are used to purchase the deceased’s share of the business from their estate. It is also possible for a similar payment to be made if one of the partners or shareholding directors suffers from or is diagnosed with a critical illness.

Key Person Protection

Your employees are one of the most valuable resources for the future success of your business. Have you given thought to how your company would cope if a key member of staff were to die, be diagnosed with or suffer a critical illness?

A loss of a key individual is likely to have a significant impact on your business. You could suffer a loss of profits, be unable to quickly recruit a suitable replacement and face significant disruption to your own business activities.

However, you can help protect the future survival of your business with Key Person Protection, which can help you financially cope with the loss of a key person.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01483 382383. If you would prefer, you can request a quote or ask us a question online.