Independent Financial Services

Personal & Family Protection

As your life changes so will your protection needs, and at each stage you can review and make changes as required. Basically, if you rely on your income to provide for yourself and others (spouse and children) then you need to protect that income in the event of illness, death or unemployment.

The following types of protection are available:

 

Permanent Health Insurance Critical Illness/Life Cover Family income Benefit Accident sickness and redundancy insurance or Mortgage Protection

Critical Illness/Life Cover This type of policy will pay out a tax free lump sum either on death or earlier diagnosis of a specified critical illness, eg cancer or a heart attack. There is normally a qualifying period before a policy of this nature will pay out on the diagnosis of a critical illness. The range of illness covered varies from company to company, so it is important you know exactly what each company provides.