Insurances & Protection

Life insurance is a policy that pays out a lump sum if the policy holder passes away during the policy term. Some policies may also payout when the policy holder receives a terminal or critical illness diagnosis.

Most policies are designed to pay out a cash sum to your loved ones if you were to pass away to help protect them from the financial impact of your death. The money can be used to pay or the mortgage or just to help cover day to day living costs and paying bills.

There are a number or variations on a life policy that can be tailored to best meet your needs and wishes. We can also write your policy in trust to ensure that the funds pass to the people you wish, with minimal hinderance.

As the name suggests, critical illness cover pays out a lump sum in the event that the policyholder is diagnosed with one of a specified list of critical illnesses. The money is intended to help protect you and your loved ones from the financial impact that can come from such a diagnosis.

Policies come with a number of variations and options meaning they can be tailored to your specific circumstances. A common upgrade is to extend the cover to include the policy holders children, often available at minimal additional cost.

Income protection is a long term insurance policy that pays out in the event that you are physically unable to work due to illness or an accident. Income protection differs from many policies in that it pays out a monthly amount as opposed to a lump sum. This type of cover is designed to ensure that you have a monthly income to keep up with your living costs while you’re unable to work.

By incorporating a deferred period before cover would kick in we can reduce costs and ensure that cover compliments your existing arrangements such as work place sick pay.

Did you know that having buildings insurance in place prior to the start of your mortgage is often a stipulation of the lenders contract? Buildings insurance ensures that both a lenders investment and your home is protected should damage happen. A good policy can also provide additional cover to pay for alternative accommodation while your home is uninhabitable due to covered damage.

While buildings insurance covers the physical buildings and fixtures not easily removed such as bathroom suites contents insurance covers all the items and possessions that you add to your home such as clothes, furniture and electrical items. These items can be covered for theft, accidental damage and loss through fire or flooding.