If a family member developed a serious illness or died, most families would be thrown into a situation which, as well as creating emotional concerns, could make them struggle to make ends meet. Having the right level of financial protection and insurance in place can at least remove the financial stress. Our advisors provide you with the peace of mind that you and your family are protected, whatever the future brings.
Some of the main reasons to consider setting up financial protection are to:
- Be able to make debt repayments, for example your mortgage, if you became unable to work due to an accident or serious illness
- Provide for your family if you died or developed a serious illness
- Cover a potential Inheritance Tax bill
Planning for such occasions is fairly straight forward, but all too often not given the priority it deserves in the financial planning process.