It is a sad fact that in the UK that we seem to spend more on protecting our pets & mobile phones than we do our families!
Is your partner/spouse adequately insured?
Most people realise the need to make sure that in the event of death the surviving spouse, partner or children will have the means to repay the mortgage, but too few have any lifestyle protection at all. What would happen if your partner died and only the mortgage was covered? Would you still be able to cope without his or her income coming into the house? Could you still afford to go on holiday, pay for the children’s education, run the car and replace it when it starts falling to pieces? If you value your family then you owe it to them to make sure that they have the ability to maintain their lifestyle after your death.
What about Illness or Injury?
Don’t forget, it is not only death that needs to be covered. What would happen if you were unable to work through illness or injury? Do you have any form of income protection in place? If you don’t, how will you pay your mortgage and household bills and put food on the table?
What would happen if you suffered a serious or critical illness? Do you have any cover that would provide a lump sum to help you pay for the best possible treatment and care or even just provide your family with a much needed financial safety net until such time as you recovered?
How do I know what cover I need?
At Abacus we provide you with a full lifestyle report that takes into account all of your current liabilities, income and expenditure; assesses your future needs and highlights the shortfalls that need to be addressed. We then provide you with our recommendations as to how to provide the cover required in the most tax efficient and cost effective manner.
There has never been a better time to review your family’s protection arrangements. The recent EU ruling on ‘gender pricing’ came into effect on 21st December 2012
For a full, no obligation, Protection Review please call us or fill in the enquiry form and we will call you. Find out what you need to do to protect your family – before it’s too late.
Please call us to discuss your requirements or complete the enquiry form and we will contact you.