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Protection Planning

Most of us would like to ensure that our families, dependents and ourselves are financially secure if we become seriously ill or die. However, it’s a sad fact that whilst most of us are quite happy to ensure our car, our house, our travel arrangements to their full value, few of us take quite as much care over our health and loved ones.

Over the past few years many forms of insurance policies have become more competitively priced especially life assurance. If you have an insurance policy which is several years old you may be able to change your provider for a more competitive premium, or to increase the benefit for the same monthly cost.


We can via our Indpendent Financial Advice company Total Wealth Planning, advise you about placing plan benefits under a Flexible Trust wording to ensure that no additional Inheritance Tax is payable as a result of insurance proceeds going into your estate. A Flexible Trust also ensures that plan benefits end up in the right place, especially important if you have not made a Will.

Term Insurance is the most popular form of life insurance. It covers you for a set term of years chosen at outset. This could be to cover a mortgage or perhaps see your child through higher education.


Whole of Life Insurance can last for the whole of your life. It can be used for family protection but its most common usage is to insure an Inheritance Tax liability.


Critical Illness Insurance provides cover against a range of illness’ deemed critical, for example heart attack, cancer, stroke. However with continuing medical advances it’s is more likely one would suffer a serious illness and survive, then die. Therefore, the provision of financial support to you is needed most during life as opposed to on death.


Permanent Health Insurance when you are unable to work through illness or injury, knowing that your income is protected until such time as you are able to return to work enables focus to be placed on recovery. Should health matters not improve, peace of mind can be attained in the knowledge that contracts have the potential to continue to pay you an income until your normal retirement date.

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