Your Financial Protection
“I told you I was ill”
Personal Protection Planning
With any new client, one of the first things we do is check for risks that could affect their current situation.
As we get older we build up our capital until we retire when we start to draw it back out. It is a little like a battery: you charge it during your life by saving and then draw those savings out in retirement when you no longer earn new money.
If you are still building that store of capital then death or serious ill-health can stop your plans in their tracks and the future capital creation is lost. This is where insurance is important because it covers the loss of future money.
We analyse your situation to work out any potential losses and then research the best solutions available to you, assessing any existing plans you have. With so many factors to consider, and so much choice available, a decision can seem overwhelming. We can also guide you with selecting the most appropriate protection for you and your family.
Business Protection Planning
The financial planning considerations for a business owner can be complex. The vast majority of private sector businesses in the UK are small to medium-sized enterprises. As a business owner, you will be only too aware of how dependent its continued success can be on a small number of people and their skills and hard work. Most people running a business understand the need to protect their premises and their contents and vehicles; however, some fail to consider how heavily they depend on these ‘key people’ within the business. The sudden loss of a ‘key person’, including and perhaps especially the business owner, means a business could suffer serious financial loss, or, have to cease trading altogether.
We can offer advice and implement the relevant life and / or critical illness policies needed to protect a business .