To make sure your family and loved ones can maintain their current commitments and lifestyle, take time to consider what insurance cover you need. We can help you to avoid a family financial crisis on your death by selecting the right cover for you and what your current commitments will allow.
For businesses we can offer Key Man or Partnership insurance that will protect you and your business should your business partner or key man unexpectedly die or suffer a critical illness. In the event of this happening the business can continue to function without having to pay out the dependents of your key man or business partner.
Critical Illness Insurance
The financial pressure of becoming critically ill and not being able to provide for your family is a burden that should be avoided wherever necessary. You can take out a basic cover that includes illnesses such as Cancer, Coronary Artery Disease, Heart Attack, Major Organ Transplant, Paralysis, Renal Failure and Stroke. However some providers will include other illnesses for an additional cost.
We can assist you to arrive at the best solution for you and your close ones.
Income Protection Insurance (Permanent Health Insurance)
A prolonged period of illness or disability could have a devastating effect on your finances and whilst family and friends may be there to help you at the early stages of illness, the longer the illness continues the more difficult it becomes for you and your close ones.
Don't let a situation like this get out of hand. Take out an Income Protection Insurance that will replace your income in the event of long term absence from work due to ill health and in doing so could protect you from financial ruin.
Income Protection Insurance does not cover you if you become unemployed - See Accident, Sickness & Unemployment Insurance (below).
Accident, Sickness & Unemployment Insurance
If you are unfortunate to become ill or suffer an accident causing you to be absent from work for a period of time your first concern would be 'how am I going to pay my bills or look after my family'. Accident, Sickness & Unemployment Insurance can put your mind at rest while you focus on your recovery. This is a time when you need every support possible and whilst having your family and friends at your side is important and encouraging, covering your financial needs will take a big burden off your worries.
This type of cover also gives you the benefit of having an income at the time of unemployment due to redundancy. There is so much uncertainty in this economic climate and the unemployment rate is at its highest in a decade, therefore it makes perfect sense to protect yourself and your family from this critical time of need.
Private Medical Insurance
If you want to make sure you do not end up on a long National Health Service waiting list when you have a medical condition that requires a speedy diagnosis or treatment, take out Private Medical Insurance. This will give you the confidence that your needs will be catered for speedily.
The types of cover vary so much so that it is beneficial if you discuss your health cover requirements with us at Futura Independent Financial Advisers who can guide you through the many different options available
We can help you decide which cover will best suit you. Call us on 01243 776774 for an impartial, no obligation consultation.