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Protection
Insuring against illness or death is not a pleasant thing to think about. But being able to set financial worries aside at an emotionally difficult time is worth a great deal to the people you leave dealing with it.
What we arrange
- Life assurance, on a single or joint life basis
- Critical illness cover
- Cover written in trust, so it can pay out without waiting for probate
- Reviewing existing policies you already hold
Getting the amount right
Too little cover defeats the purpose; too much is money spent for no benefit. We work through what would actually need paying — the mortgage, everyday household costs, children until they are independent — and size the cover to that rather than to a round number.
Writing policies in trust
A life policy that is not written in trust may form part of your estate, which can mean delay before your family receives anything and, in some cases, an inheritance tax charge that could have been avoided. Placing a policy in trust is usually straightforward and costs nothing extra. It is frequently overlooked.
Reviewing what you already have
Cover taken out years ago often no longer matches the situation. Mortgages get paid down, children grow up, salaries change. It is worth checking that what you pay for still reflects what you need — occasionally the answer is that you are paying for more than you require.
Cover is subject to the terms, exclusions and underwriting of the individual policy. This page is general information, not personal advice.