Financial Protection
Peace of mind to cover any eventuality.
Protecting your family and income is important. Whilst we don’t like to dwell on it, it’s a fact of life that people die unexpectedly or fall seriously ill. Financial protection ensures that if this happens any outstanding debts are repaid, household bills met and that your dependent family members are financially provided for.
Learn more
Independent Protection Advice
To give you peace of mind and to protect your family from the unexpected we offer independent advice on:
Life Cover
A protection policy that comes in many forms but which makes a financial payment if you were to die during the term of the policy i.e. within 5, 7 or 10 years.
Critical Illness Cover
Which provides a tax-free ‘lump sum’ if you are diagnosed with a serious medical condition within the policy term.
Whole-of-Life Cover
Payment of a lump sum when you die, whenever that is and whatever age.
Income Protection
If you are unable to work because of injury or illness, the payment of a percentage of your monthly income until you return to work, retire or the policy ends.
All these forms of protection have a range of policies depending on your requirements, your budget and the insurer. No policy is ever put in place until you are comfortable with it and any possible exemption.
Scenario:
Now is the time for additional cover
How we provide financial protection
Before we propose any financial protection advice we meet you to fully understand your circumstances and needs. This takes into account:
Your dependents
Your wife, husband or partner, children or relatives who are financially dependent on you.
Your liabilities
Any debts or mortgages or other financial obligations you and your partner have.
Type of cover
What is most appropriate for your situation or stage in life.
How much cover you need
The ‘sum assured’.
How long you need cover for
The ‘term’.
We may also consider things like single or joint life plans, premium types and trusts.
Once we have all the relevant information we analyse and search the marketplace to recommend the provider(s) whose policies are best aligned with your needs. This takes into consideration:
Statistics on payouts
What percentage they have paid and declined over the past X years.
Underwriting policy
What this is and how the small print might affect you.
Financial status and reliability
So we know they are here for the long-term.
Once the policies are in place you’re free to get on with your life, reassured that you’ve prepared financially for the unexpected.
For any claim on a policy we’re here to help manage the process and provide advice.
Scenario:
Being prepared for the unexpected
Request a call
To learn more about our approach towards financial protection complete the form and an advisor will call you.
Alternatively, call or send us an email.
Call us: 01223 792196
Email us: info@martin-redmanpartners.co.uk
“Financial Advice and Retirement Planning isn’t my favourite thing to do but it’s necessary. Ben is patient to explain, has the expertise and knowledge to advise and really listens and understands today’s needs and also helps to plan for the future, whatever that may be. I put all my trust in him and his recommendations. He then follows up promptly and completely. I now look forward to seeing him twice a year.”
Claire 50s
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