Life Assurance
Life can be unpredictable, and none of us truly know what’s around the corner. That’s why having the right protection in place is so important. Life assurance provides financial support for you and your loved ones if the unexpected happens, giving you confidence and peace of mind for the future.
Here’s an overview of the main types of Life Assurance and Protection policies available in the market.
🛡️ Term Life Assurance
- Covers you for a fixed term or number of years.
- Can be level or indexed cover.
- Maximum term: 40 years.
- Convertible option available — guaranteed cover not subject to underwriting.
♾️ Whole of Life Assurance
- No fixed term — offers lifetime cover.
- Can be guaranteed or subject to review depending on the policy.
🏡 Mortgage Protection
- Decreasing term assurance designed to match your mortgage term.
- Benefits decrease annually (currently by 6%) as the mortgage balance reduces.
- This ensures your mortgage is cleared in the event of death.
❤️ Serious Illness Cover
- A living benefit that pays out if you survive 14 days after contracting a defined serious illness.
- Can be added to a life assurance policy or taken as standalone cover.
- Provides financial support when facing critical health challenges.
🔁 Multi-Claim Protection Cover
- Designed to pay out multiple times over the lifetime of the policy.
- Payout ranges from 5% to 100% of the cover depending on the illness or condition.
- Simple to understand, flexible, and comprehensive protection.
💼 Income Protection
- A living benefit that provides income in case of accident or illness.
- Kicks in after the deferred period (usually 13 or 26 weeks).
- Pays up to 75% of your income until you’re able to return to work.
🏢 Business Assurance
- Co-Directors and Partnership Insurance to protect your business.
- Policies can be arranged on own life or life of another basis.
- If a stakeholder dies, the proceeds pass to the deceased’s estate, allowing the remaining stakeholders to absorb the equity.”
👨💼 Key Man Assurance
- Protects the human capital of key personnel in your business.
- Replaces lost revenue due to the sicknes
- or death of a key employee.
- Helps cover personal guarantees of loans or the cost of replacement of that individual.
🏛️ Section 72 Relief
- A life assurance policy designed to cover inheritance tax liabilities.
- We help ensure your loved ones aren’t burdened with a large tax bill.
🏥 Health Insurance
- A living benefit that provides cover for a range of hospital and medical expenses.
- Ensures quick and quality medical care without financial stress.
🤝 Future Proof Finance — Your Retirement Partner
Whether you’re self-employed, a company director, or an employee, we design tailored pension solutions that align with your personal and financial goals.
From basic PRSAs to self-directed investment strategies, we help you build a future you can look forward to.
📞 Get in touch today and let’s start planning your financially secure retirement.
