Protection – Protecting you and your family

Whilst investments and pensions help you plan for a future goal, insurance products help you plan for the unexpected. Having your finances covered in the event of illness or death can give you and your family peace of mind at a difficult time. What if you were to have an accident or become ill and unable to work how would you support yourself and your family? If you’re self employed and don’t have income protection insurance, State Benefit is usually all you could rely on…would this be enough for you?

left

no-repeat;center top;;

auto

Life Assurance

Life Assurance

center

no-repeat;center top;;

auto

Income Protection

Income Protection

center

no-repeat;center top;;

auto

Critical Illness

Critical Illness

center

no-repeat;center top;;

auto

Life cover can be tailored so that you can maintain your lifestyle if you are ill and unable to earn or to provide a safety net for your loved ones, should the worst happen. We research the whole of the market to find the best products for your circumstances at the best price.

Level Term Assurance pays a lump sum in the event of death during the term of the policy. There is no investment element within a term assurance contract so at the end of the term there is no maturity value and life cover ends. The benefit is paid tax free and premiums are usually monthly, and fixed throughout the term. Because the term and benefit are known from the outset, and there is no investment content, term assurance can be a cost-effective method of protection.

Decreasing Term Assurance works similar to Level Term Assurance, but the benefit is set at outset and gradually decreases over the term of the policy. These policies can be used as cover for a repayment mortgage, or other loans where the amount of capital outstanding also decreases over time. Because the benefit reduces over time, the premiums are usually lower than for Level Term Assurance.

Family Income Benefit works the same as term assurance but instead of paying a lump sum upon death, it will usually pay a regular monthly/annual tax free income in the event of death to your dependents up until the end of the term of the policy.

Critical Illness Insurance is usually available as an addition to all term assurance plans but can be bought on a stand alone basis. Critical illness provides a lump sum benefit / income in the event of diagnosis of certain critical illnesses, such as Heart Attack, Stroke, Transplant, Blindness, Total & Permanent Disability and so on. The illnesses covered will be specified in the policy along with any exclusions and limitations – these differ between insurers.

no-repeat;center top;;

auto

Assess Existing Policies

no-repeat;center top;;

auto

New to Protection?

no-repeat;center top;;

auto

Book your free, no obligation initial consultation with an expert today!

no-repeat;center top;;

auto

Button

[button title=”Schedule an Appintment” link=”https://hlfinancial.co.uk/schedule-an-appointment/” color=”theme” font_color=”#fff” large=”1″]

right

no-repeat;center top;;

auto