This is the insurance many people start off with because it offers financial protection for your loves ones if you die during the period of your cover. Choosing the right policy is crucial though as there are so many to choose from so take advice from your independent financial adviser.

Yes you should. Your health is your wealth and yes people are living healthier lives which means people are living longer but critical illness can strike at any time as unfortunately too many of us know. If you are diagnosed with a serious illness, you do not need or want a financial burden to also deal with. Critical Illness insurances offers policyholders a lump sum cash payment as outlined in your policy. There are a lot of insurance products in the market – we will get the right one for you.

If you become ill, or are seriously injured in an accident, your policy will pay you a regular income until you are able to work again, retire, pass away or if your policy comes to an end. Your independent financial adviser will get the best income policy protection for you.

All businesses are very different so every business needs its own form of protection as there are quite a few variations. Business insurance is critical in protecting your business against lots of types of financial risk.

This is an insurance which is aimed at employers. If an employee died, or became critically ill, the insurance premium would pay a lump sum. If the employee became terminally ill, they would receive the payout. If they die then the benefit is paid to their family or financial dependents. It is a cost effective way for employers to protect employees and also their business. It is a tax efficient alternative to a ‘death in service’ benefit. Speak to your Worldwide Financial Planning adviser to get you the best policy.

The majority of businesses have at least one key person working for them and this is where Key Person Insurance comes in. If a key person, who has Key Person Insurance, is diagnosed with a terminal illness, or indeed passes away, the insurance plan would pay out a lump sum to cover any loss in revenue or additional costs your business might experience. It is set up to make sure the business has cashflow if it loses an employee. Our advisers will get the right insurance plan for your key people.

Shareholder Protection is also known as Partnership Cover. If you are an owner in a business, along with trusted partners, and you are given a terminal diagnosis, or die, your share of the business would usually pass on to your beneficiaries. In order for the partners to take full control, they would have to buy your share back. A Shareholder Protection policy will pay out a lump sum if a business owner dies or suffers a terminal illness.

Business Loan Protection is another insurance which provides funds to repay a loan for example, or a commercial mortgage or a director’s loan. If you are a business owner and you are suffering from a terminal illness, or die, lenders may have the right to demand the repayment of outstanding loans, which, at short notice, could be challenging to pay back.