Premature death and serious illness are fortunately relatively rare, so much so that insuring against these risks is not expensive – especially if you are reasonably young. But they happen frequently enough for life and health protection to be essential financial products. Moreover, careful choice of products and features can keep the costs to a minimum, especially now that it has become possible to arrange life assurance cover for most people so that the premiums qualify for tax relief. It is important to take a practised and dispassionate view of insurance needs.
Most people are aware of the need to have life assurance if they have dependants. But you should not ignore the need to have health insurance protection that will pay you an income if you are ill and cannot work. You can also have cover that provides a lump sum if you are diagnosed as suffering from one of the specified conditions in the critical illness policy.
We can recommend the types of cover that are relevant for you, calculate how much you need and for how long. We can also recommend and arrange cover with the most appropriate providers.