Life holds no guarantees, but you can put protection in place so that if the worst should happen, your loved ones will be protected financially.
We all want the very best for our family throughout their lives, but we need to plan to achieve it. We can help structure your finances to meet your family’s needs whether it’s providing income, paying for school fees if you are forced to stop working, or providing a tax-efficient legacy in later life.
Get help from an adviser to find out how you are covered, and organise protection appropriate to your needs.
Get in touch for specialist advice and support
Different types of cover
There are many different ways to protect against the unknown. Protection is personal, and if you’re interested in finding out more about what you can do to guard yourself and your family against unforeseen change, download our brochure, or contact your local office to arrange an appointment.
Here are some examples of protection products and how they work:
Critical Illness Cover
CIC is designed to pay a cash lump sum or monthly income on diagnosis of a specified critical illness, during the policy term.
Life Insurance is designed to pay a cash lump sum or monthly income if you die, or are diagnosed with a terminal illness, during the term of the contract.
Whole Of Life Cover
Whole Of Life Cover is designed to give dependants or beneficiaries a pay-out on the death of the person covered.
Serious illness or injury can occur at any time and will inevitably cause strain on families financially, as well as personally. Products such as income protection, life insurance and critical illness cover improve the financial resilience of individuals, households and businesses and give peace of mind.
Raluca Boroianu‑Omura, ABI Assistant Director, Head of Health and Protection, Abi.org.uk
Often we find protection is the hardest conversation to start, as people generally prefer to talk about growing wealth and reaching goals. That's understandable, but making sure plans stay on track if you're forced to give up work for a time, or providing for your loved ones in the event of serious injury or death is common sense and the backbone to any financial plan.