Protection
Are you concerned that in the event of your death your loved ones will be financially compromised ? CLICK HERE to learn how you can protect them for a very small monthly cost.

Retirement
With less and less available from the state provision how will you cope when you reach your chosen retirement age. To ensure an affluent old age CLICK HERE.

Mortgages
It is a well known fact that interest rates are at an all time low ..... are you making the most of this opportunity to save money. CLICK HERE to use our calculator and to find out more.

Investments

A good time to invest or a risky time to consider investing? Whatever your feelings there are investments to suit you .... CLICK HERE for safer investments or HERE to make the most of the opportunities available.
 

 

  


Protection Page

Family protection Protection policies, as their name suggests, are there to protect against something happening and will pay out either a lump sum or an income should the specified event occur.

Most people insure their cars, their houses and their house contents as a matter of fact. Unfortunately, many people still don't insure their most valuable asset which is, of course, themselves.

Most people don't take out life assurance because it forces them to think about their own mortality. This is something that none of us like to do. We won't bore you with the usual statistics concerning the number of people who die before they reach 60. However, if you imagine the heartache of not only losing a loved one but also then suffering severe financial hardship as a result of not having life assurance, the scenario is not a pretty one.

The sad thing about all this is that taking out life insurance is not complicated and despite the myths does not have to be hugely expensive. Depending on your age and medical condition life assurance cover is as much as 58% cheaper than it was just three years ago !!!

The following are the most popular forms of life insurance protection policies.

Term Assurance - provides a lump sum on death if the life assured dies within the specified term.

Decreasing Term Assurance - is the most popular form of life assurance for people who have a repayment mortgage. The value of the cover reduces as the mortgage is gradually repaid. If one of the mortgagees dies, the lump sum should be enough to cover the outstanding mortgage.

Family Income Benefit - Similar to term assurance except the benefit is paid out as an annual income instead of a lump sum. This type of cover is popular for young families as the ongoing income can be used to pay for nannies etc. to enable the remaining partner to continue working.

As well as protection policies for life insurance there are various policies that can be taken out to protect you against an accident or illness. Did you know that a person is 4 times more likely to suffer a critical illness (strike, cancer, heart attack) or serious accident before age 60 than he is to die. A sobering thought indeed !!!

The two most popular types of contract are Permanent Health Insurance and Critical Illness.

 Permanent Health Insurance - This policy pays a regular income should the life assured be unable to work as a result of an accident or illness. Usually the policy is written to age 60 or 65. In most case the maximum cover is 75% of salary less the state invalidity benefit. The premiums and benefit can both be index linked to ensure that inflation does not erode the spending power of your benefit

 Critical Illness Cover - Generally, this pays out a lump sum on diagnosis of a critical illness, such as heart attack, cancer or stroke. It is there to help the life assured adjust to their changed circumstances.

So don't delay, contact Simon Kershaw and Associates now by completing the contact us form and one of our financial advisers will contact you to arrange an appointment. Alternatively simply click on the link below to look at a no-obligation quotation in seconds.