Financial Protection
Financial Protection
· Life assurance
· Income protection insurance
· Critical illness cover
· Private medical insurance
Maintaining your lifestyle in the event of serious illness, protecting your dependants in the event of your death, or being able to obtain immediate treatment in hospital are concerns when we assess your financial position. We need to check:
- What do you need in terms of income and/or capital to maintin your lifestyle, and over what period will you need this?
- Do you have sufficient financial provision to support your needs, whether in the form of exsisting financial protection or capital, or a mixture of both?
- Is the existing cover value for money, can we obtain the same cover for a lower premium; does it provide the right benefits at the right time?
- Do you need additional cover, how should this be structured?
- Are your financial protection arrangements set up in the most tax efficient manner?
- Can you dependants gain immediate access to capital?
All these factors need to be discussed and a financial plan created, agreed and implemented.