PROTECTION

Personal Financial Protection

Financial protection benefits have become more important as financial foundations have shifted, government resources have been strained, and costs have climbed. When people need them most, benefits such as disability, accident, critical illness and life insurance protect against financial hardships that can derail their stability.

LIFE AND CRITICAL ILLNESS POLICIES

A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured’s death.

Critical illness cover is a form of insurance which pays out a tax-free lump sum in the event that you are diagnosed with a specified illness or medical condition during the term of the policy.

WHOLE OF LIFE POLICIES

Whole-of-Life Assurance. There are two main types of life insurance: term insurance and whole-of-life assurance. Term insurance is the most popular and pays out a regular income or lump sum if you die within the policy term.

INCOME PROTECTION POLICIES

Income Protection is a type of policy that provides a regular income if you’re unable to work because of accident or sickness. At it’s highest level, there are two types of Income protection policy: 1. Short-term Income Protection policies, which are otherwise known as Accident, Sickness and Unemployment (ASU) products, will generally only pay out for one or two years and 2. Long term Income Protection, these will usually provide a regular income if you are unable to work due to illness or disability until you are well enough to return to work, or until the end of the policy term.

RELEVANT PERSON POLICIES

Relevant Life Cover is a tax-efficient life insurance policy, allowing companies to offer a death-in-service benefit to its employees (including salaried directors). It’s set up by the company and pays out a tax-free, lump sum on the death (or diagnosis of a terminal illness) of the person insured. The proceeds go directly to the employee’s family or financial dependants.

International and UK Financial Protection

PRIVATE MEDICAL INSURANCE

The product is designed to pay for essential medical conditions (usually called acute conditions), that respond quickly to treatment, as well as surgery and medical tests.

YACHT INSURANCE

An insurance policy that provides indemnity liability coverage on pleasure boats. Yacht insurance includes liability for bodily injury or damage to the property of others and damage to personal property on the boat. Depending on the insurance provider, this insurance could also include gas delivery, towing and assistance if your boat gets stranded.

General Insurance

BUILDING AND CONTENTS INSURANCE

Residential Building and content insurance.

Buildings and contents insurance covers the structure of your home, for example, your walls, windows and roof as well as permanent fixtures and fittings, such as baths, toilets and fitted kitchens, as well as the contents or possessions such as furniture, Jewellery, appliances and clothing in your home.

Landlord Building and Content Insurance.

BUSINESS INSURANCE

When you’ve invested so much in building a business, keeping it secure and thriving is a priority. From the space you occupy, to the people you employ and any day-to-day operations, make sure you’re protected from legal liability at every turn with business insurance.

Business insurance provides the right cover against the risks unique to your work activities. A comprehensive commercial policy will include the public liability to protect from injury claims and professional indemnity in case of errors in your work. For UK businesses, employers’ liability is a legal requirement as soon as you make a hire.