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Family Protection

Protect the things that are important :
“Your family, your health and your lifestyle”

The aim of life protection (or life assurance) cover is to protect you against the unexpected. It will provide money for people who financially depend on you. We need to consider the impact and consequences our death would have on the people most close to us.

The value of investments and income may go down. You may not get back the original amount invested.



Term Assurance

Term Assurance.

You only get a payout within the 'term' of your policy. The payout you get is fixed from the start of the term until the end. Level term assurance then guarantees a known lump sum payout upon death within a fixed time

Family Income Assurance

Family Income Assurance.

These policies are specifically designed to meet the needs of parents with (or planning) children. They provide for an income payable from the date of death until a fixed time in the future (e.g. the youngest child's 18th or 21st birthday).

Whole of Life

Whole of Life Assurance.

These are policies that provide life assurance for the whole of your life (as opposed to Term policies that could last for any number of years. For example a Term policy could last 5, 10 or 25 years then finish). Whole of Life insurance guarantees to pay out in the event of death, whenever it occurs. The premium you pay also includes an investment element which helps to pay for the cost of cover over time.

Endowment Assurance

Endowment Assurance.

These policies, which combine life cover with investment are commonly used to repay mortgages. An endowment policy is a life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.

The value of investments and income may go down. You may not get back the original amount invested.

Critical Illness Cover

Critical Illness Cover.

Many illnesses can have a long recovery time. This type of cover is designed to pay out a (tax-free) lump sum in the event of you suffering from certain types of serious illness or if you have to undergo certain types of surgery.

Income Protection

Income Protection.

Income Protection Insurance is designed to pay a regular tax free monthly income if you are unable to work due to illness or injury.
There are other products available designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk

Private Medical Insurance

Private medical Insurance.

Private Medical Insurance allows you to pay for the costs of private medical treatment. The specific medical conditions covered and the treatments available will vary depending on the insurance policy.