protection
you do need it, you can afford it and your family will be thankful
This isn’t something you should think about, it’s something you need! Below, are the policies we provide to protect families and businesses should someone unexpectedly pass away or become ill…
for families
Putting protection in place is essential for you and your family. If you were taken ill, couldn’t work, or worse passed away, your family need that financial support. Here are the insurance policies you need to have:
life insurance
A life insurance policy provides a tax free lump-sum if you were to pass away. It can help to replace your income and provide a financial safety net. It can be used to pay off the mortgage, debts, or to cover any other financial obligations you have.
without this insurance:
say you passed away unexpectedly, your partner would be left to cover unpaid debts and manage other financial obligations alone.
critical illness insurance
If you are diagnosed with a critical illness or long-term disability for example, a cancer, heart attack or stroke, this policy provides a tax-free lump-sum. This can be used to pay off any debts, your healthcare, to make any adaptations to your home or to put your children through university…whatever you wish.
without this insurance:
say you became critically ill, your family will be left to work harder to cover any unpaid bills, to look after you and cover any care costs.
income protection
Income protection is essentially sick pay for those who are self-employed. If you became ill, you would receive a regular monthly income until you become well enough to work again.
without this insurance:
say you became ill and unable to work for 6 months; without income protection you have no wage. Who’s going to pay the mortgage and the bills?
For more information on protection insurance for you and your family, read our guide.
testimonial
“Great advice and help navigating the financial options right for me. With the knowledge and insight of experienced advisors on your side, you can rest assured knowing you have made the right choice.”
for businesses
You have worked hard to build your business, failing to protect it could be a costly oversight. What is the point in insuring your car, phone or laptop when your business isn’t protected? It’s allow a business expense and tax deductible. Here’s a few different protection insurances we can offer your business…
shareholder protection
If a shareholder in your business died or became critically ill, this policy would pay your business a lump-sum to buy back the persons share to ensure you maintain full control of the business.
without this insurance:
say your business partner died, his share would go to his wife. You and his wife are now business partners. Do you think she will have the same passion and capability to keep the business running?
key person cover
If a key person in your business (a manager or partner) died or became critically ill, this policy gives your business a tax-free lump-sum to compensate for the financial loss it could suffer in this event.
without this insurance:
say one of your best sales managers became critically ill, your business could suffer a huge loss!
income protection
Income protection is essentially sick pay for those who are self-employed. If you became ill, you would receive a regular monthly income until you become well enough to work again.
without this insurance:
say you became ill and unable to work for 6 months; without income protection you have no wage. Who’s going to pay the mortgage and the bills?
Remember: business protection is an expense so you can tax deduct it.
If you have any other questions about mortgages, we’ve got plenty more information on our FAQ’s page.
* No policy will have no cash in value at any time, and will cease at the end of the term. If premiums are not maintained, then cover will lapse.
* The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse. The policy may not cover all definitions of a critical illness. For definitions of illnesses covered please refer to the Key Features and Policy Documents.