When we are discussing financial plans with our clients it often seems that Protection is not high on their priorities. We have all heard of the phrase 'it will never happen to me'. However, at Stonehill we believe suitably structured protection polices are a fundamental part of the financial planning process for all clients.
“How will you cope if either (or both) you and your partner are unable to work”?
“Have you protected your most precious assets”?
“How can you save for your future if you are unable to work”?
Under Protection planning there is a vast array of product types and Providers and at least one of these will apply to all clients no matter what their specific circumstances. It is possible to protect against the impacts of premature death or illness. Illness protection can include protecting your income or providing a lump sum if you are diagnosed with a critical illness.
Your current employer may already provide benefits which protect your salary and possibly provide a lump sum following your death, however not all employers offer such benefits or where they do these benefits may not match your needs. It is also likely that were you to leave this employer you would lose the benefits, and they might not be replicated by your next employer. This is why we would review these plans with you to tailor a suitable level of cover to meet your specific needs.
At Stonehill we provide expert advice on:
- Critical Illness Cover
- Business Protection
- Business Owners
- Life Cover
- Mortgage Cover
- Income Protection
- Private Medical Insurance