Life Insurance

What protection do you require?

Choosing the correct assurance can depend upon your individual circumstances and other factors including the type of protection, cost, and the possible tax implications which could apply or need to be taken into account.

 

However this information is only a guide. You may need independent advice. We will carry out a full review of your circumstances to ensure you find a solution that encompasses your requirements.

 

Life assurance can be used to protect income, family and businesses. In certain circumstances, we are able to arrange your finances in such a way as to minimise the effect of government taxes.

 

We can provide all types of life cover:

Level Term

LevelTerm or Level Term Assurance is a life insurance policy that provides a fixed sum of money payable on death of the life assured within a specified time period.

Decreasing Term

Decreasing Term Assurance is usually designed to help protect a repayment mortgage, so the amount of cover reduces roughly in line with your remaining mortgage. It provides a sum of money payable on death within a specified term, but the sum assured decreases through the years, usually in line with mortgage repayments.

Whole of Life

Whole of life insurance provides a sum of money on death of the life insured and remains in force for their whole life. A family Income Benefit plan will pay a monthly income if the policyholder dies whilst the plan is in force. A monthly income is paid out rather than a one off lump sum.

Directors Cover

Directors cover more formally known as shareholder protection is an insurance policy put in place to protect a company's shareholders. This policy will pay out a lump sum upon a shareholders death to allow all the remaining shareholders to purchase the remaining shares and avoid any none suitable persons from inheriting or buying the shares.

Key Person Cover

Key Person cover is an insurance policy which a company takes out on its key empolyees to whom they consider of great value to the business and will suffer financial losses should this person die or suffer from a critical illness which forces them out of work.


Our process would consist of:

  • Assessing your needs
  • Discussing the different types of life insurance plans and how they meet your needs
  • Research the whole market to obtain the best plan and the best price
  • Discuss the benefits of placing such policies in Trust
  • Implement the cover
  • Review your circumstances on a regular basis