Nobody knows what is around the corner so protecting your loved ones financially is vitally important. Ask yourself – how would my family cope financially if I was no longer here? A life insurance policy will pay out a lump sum in the event of death and will give a much needed cash injection at a tragic time. If you were to pass away, the last thing your family should be worrying about is money.
"You don't buy Life Insurance because you are going to die, but because those you love are going to live"
Critical Illness Insurance
A critical illness insurance policy is designed to cover you if you are diagnosed with one of the specific listed medical conditions or injuries.
Examples of critical illnesses that may be covered are as follows:
• Certain types and stages of cancer
• Heart attack
• Multiple Sclerosis
This is to name just a few. These types of plans are designed to provide a lump sum cash pay out to ensure that you can take the time to recover fully. The pay out could be used to pay off all or part of your mortgage. You can use it for private treatment, care or any changes to your home that may need to be made.
This is designed to cover your monthly income if you are unable to work for a prolonged perios due to accident or sickness. This type of policy has many different variations and can be tailored to your individual circumstances to fit around your current sick pay provisions from your employer. By making use of the many variations available with this type of policy, it may make the premiums more affordable than you may think.
There is a legal requirement to insure your property with Buildings Insurance. Here at Poole Family Financial we have a range of home insurance providers to make sure you are protecting your home and all of your valuable possessions inside it. Having the right home insurance in place for everything you have built up over the years is vital. Matthew Poole trading as Poole Family Financial act as a credit broker not a lender for Home Insurance.
If you would like to discuss your insurance options in more detail, please complete the below form and we will be in touch.