protection Quote System
Protection
Whether you are taking investment, pension or mortgage advice, at Generation Financial Services Ltd we believe the foundation to all good financial planning is to ensure that you, your dependents & your home are adequately protected in the event of any unforeseen circumstances.
As life can be unpredictable and we never know what is around the corner we believe it is important to ask the following questions:
Are your liabilities protected in the event of death or serious illness?
Will your dependents have sufficient income to maintain their current standard of living in the event of your premature death?
Is your income protected in the event of serious or long term illness?
Should you require hospital treatment after diagnosis, do you want to be treated quickly?
REVIEW
We appreciate that you may already have protection in place to cover some of the above, that's why we'll take details of your existing arrangements including any employee benefits that you are entitled to.
We will summarise and review your existing arrangements to ensure that they reflect your current situation, this is especially important if your circumstances have changed (marriage, house move or birth of a new child) since inception. We will also highlight any potential shortfalls that you may have and cost savings you can make.
There are many ways to fill the protection gap and together we will find the most appropriate solution to provide you and your family the security that is needed.
A Few Examples:
- Term Assurance- provides a lump sum or income should you die within the specified term
- Critical Illness- provides a lump sum benefit should you be diagnosed with a serious illness such as cancer or heart attack
- Income Replacement- provides a regular monthly income (generally tax free) in the event of you suffering form a long term illness or disability.
- Private Medical Insurance- peace of mind and recieve fast treatment where & when it suits you.
Just as important as setting up your protection policies is to ensure the benefit is recieved by the right people and where possible without any inheritance tax implications. This is done by the use of Trusts which we would arrange on your behalf as part of the recommendations.
Because we are Independent Financial Advisers with no tie in to any one insurance provider, we will have the whole market place to find you the best product at the right price to meet your needs.
