Income Protection and Healthcare

Income Protection 

Income Protection aims to pay you a regular tax-free income benefit if you suffer illness or accidental injury and are unable to work leading to a loss of earnings during the cover term.

The chances of finding yourself out of work due to long-term illness or injury are unfortunately all too high. If you become seriously ill unexpectedly or suffer an injury and you are unable to work, could you afford to pay the continuing financial commitments without receiving an income from your job? If it happened to you, would you be able to cope on the state statutory sick pay?

With the help of a financial adviser, you can select a suitable amount of cover for your needs and review it regularly to make sure it is in line with your requirements.  You can choose when your income benefit starts, from a range of deferred periods. 

You can make monthly or yearly payments for the plan term you've chosen.  If you stop your payments your cover will end.  However, you may be able to stop your payments while the  income benefit is being paid to you if the product provider agrees to this. The plan has no cash-in value at any time. 

It's important to review your income protection cover regularly as you may have less cover than you need to keep it in line with your earnings.  

Call us now for advice on this.

HousePersons Cover

It can provide regular tax-free income to cover the cost of childcare, invalidity care or household help if you suffer illness or accidental injury during the cover term. 

Think of all the hours spent cooking, cleaning, washing, ironing, and shopping. Now imagine paying someone else to do this.

You don't have to lose an income to start feeling the pinch if you fall ill or get injured. If it means you can't look after yourself, your children, or any other member of the family, you may have to pay someone else to do it for you. 

If you become ill or are injured and can't carry out everyday tasks, Houseperson's Benefit will pay you every month until you're no longer incapacitated, the term ends or you die. Houseperson's Benefit can cover the cost of childcare, invalid care or a home help. Equally important, it can also be used to maintain regular payments into your pension scheme if you wish. 

With our help you can select a suitable amount of cover for your needs and review it regularly to make sure it is in line with your requirements.  You can choose when your income benefit starts, from a range of deferred periods. 

You can make monthly or yearly payments for the plan term you've chosen.  If you stop your payments your cover will end.  However, you may be able to stop your payments while income benefit is paid to you if the product provider agrees to this.  The plans have no cash-in value at any time. 

It's important to review your Houseperson's Benefit plan regularly as you may have less cover than you need.  On the other hand if your cover is too high, it could reduce the income benefit that is paid to you. 

The present tax-free treatment of the plan's income benefit may change. Any benefit paid may affect your claim to some means-tested state benefits. As rules stand in March 2007 it won't affect your right to State Incapacity Benefit. However, State Benefit rules may change. 

Unemployment Cover

This cover aims to pay you a regular tax-free income to cover the cost of your mortgage payments if you become involuntarily unemployed during the cover term. 

It has been a long time since anyone could say they have a 'job for life'. A number of people today have experienced redundancy - either personally or through family and friends. It's a demoralising situation at anytime, but isn't made any easier by the pressure of relentless bills, and probably the most worrying of all, the mortgage repayments. 

Unemployment Cover can help ease the financial pressure and help you concentrate on the task of getting back to work.  Unemployment Cover can cover payments to your lender and other insured payments, for example for buildings and contents insurance. 

With the help of a financial adviser, you select how much benefit you'll need and how long you'll need the cover to last. The cover can be for any number of years from 5 onwards, as long as you are under age 65 at the end. It should match the outstanding term of your mortgage. 

The income benefit can be paid to you for a specified term agreed at outset. 

You can make monthly or yearly payments for the plan term you've chosen. If you stop your payments in to the plan your cover will end and you'll receive nothing back. 

The plan has no cash-in value at any time. If the Government changes the rate of Insurance Premium Tax your payment will also change. 

Healthcare

Why take out private insurance cover?

It's true that the National Health Service provides an enviable level of professional care but what private health insurance cover gives you is choice and flexibility. Whichever level of health insurance cover you choose, each of our health insurance plans is designed to enable you to access the best medical care at times and locations that suit you. Most people who take out health insurance do so because they want to take control of their healthcare knowing that the best treatment will be available quickly when they need it. 

Private medical insurance can give you vital control over your healthcare options.
We can advise on comprehensive medical insurance that can cut lengthy waits and put you in charge of where, when and by whom you are treated. 

Healthcare medical insurance can offer you:

• Choice of hospitals
• Choice of specialists
• Private accommodation
• Flexible visiting times
• No lengthy waits