Protection
Guide to Family Protection
Prolonged ill-health, disability and death are all major threats to a family’s financial security. Whilst these are not subjects that are particularly pleasant to think about, it is sensible to consider the following basic points.
- Could your family cope without the financial security that your regular income gives them?
- What would be the likely financial effects of you suffering a long-term illness or disability?
- Bearing in mind the above, are you confident you have adequate protection?
It is important to review your insurance arrangements regularly. As circumstances change, so do your insurance needs.
A change of house, an addition to the family, a change of job, redundancy or retirement, these are all factors which could influence your insurance needs.
The costs of each different type of insurance will also vary according to a number of factors such as your age, sex, occupation, period of cover and amount of cover.
Protection section links:
a guide to family protection | life assurance cover | term assurance | whole of life assurance | private medical insurance | critical illness | long term care
