There are many different types of insurance linked to the life of the policy holder.

As independent advisers we are in a position to search the whole market to find our clients the best possible policy to protect them and their family.

Level Term Assurance

You can use this cover to protect you, your family, your mortgage or a business, for a fixed monthly premium throughout the term you have chosen. The amount of life cover you have chosen will be paid out as a lump sum, free of tax, if you die. It can also be used to help cover a mortgage or any outstanding debts you may have.

For an extra premium you can include:

• Terminal illness cover – you will receive the lump sum on diagnosis of a terminal illness where your life expectancy is 12 months or less
• Waiver of premium - this ensures that your premiums are paid if you are unable to work.
• Indexation - this keeps the level of insurance in line with inflation.

Decreasing Term Assurance

This cover is typically used to protect a repayment mortgage, the plan provides a guaranteed sum of money if you die. The amount decreases over the term of the policy roughly in line with your outstanding mortgage debt. It can also be used to cover other loans or financial arrangement.

Family Income Benefit

This type of policy pays out a specific amount per annum, tax free, for the agreed period.

For example if your partner earns £20,000/yr and you have a child age 5 yrs old you may want this cover to last until your child is 21yrs old . If your partner died the policy would give you £20,000 every year until the child was 21 years old at which point the cover would cease. The payments are not taxable and can be paid quarterly or monthly to maintain your family’s income.

Whole of Life

This type of policy pays out a lump sum on death, so it can be helpful for, amongst other things, Inheritance Tax Planning, long-term savings and family protection.

Critical illness

This cover is designed to pay out a guaranteed sum of money if you are diagnosed as suffering from specific critical illnesses and are eligible to claim. Death Benefit and Terminal Illness cover are extra benefits which can be included on a Critical Illness policy. The plan will pay out only once and then end.

Permanent Health Insurance

This plan helps preserve your standard of living by guaranteeing you a monthly income if you are unable to work as a result of long term sickness or accident.

This is a comprehensive cover: as long as you are unable to work it will pay out, regardless of the cause of your ill health.

The cost of the plan will depend on several factors including the amount of cover you need, your age, your gender, whether you are a smoker or non-smoker, the type of occupation you have and the deferred period you select.

The deferred period is the amount of time you choose between the first day you are unable to work and first payment of your monthly benefit.

As long as you are alive, the payments continue until you return to work or reach retirement age.