Category : Insurance
I think, deep down, we all like the idea of being a Superhero. Being able to do things others can’t; amazing things to help those around you.
Advice on Protection
We all know raising a child can be expensive. Research has shown, the cost of raising a child to age 18 in the UK varies dependant on whether it’s a girl or boy, with boys coming in at £79,176 and girls a staggering £108,884.
Would your business survive if its loans were called in?
Have you thought about how your cash flow could be affected if something were to happen to a director, owner or key employee?
How would your creditors react?
It may be that one of your company directors stands as the guarantor for your company’s loans. If they were to die, or be diagnosed with a serious illness, it could have a severe impact on your business’s arrangements with its creditors and debtors.
Do you know how they would react? If business loans were called in, could your company afford to pay back its creditors and continue trading?
How we can help
We work with businesses like yours, offering advice on how to protect it from the financial impact of unforeseen events.
If you became critically ill and unable to work, could you cope financially?
Some things are more reliable than others – monthly bills, for example. Young or old, single or married, we all have financial obligations to meet each month; be it luxuries, like a satellite TV subscription or mobile phone contract, or the real essentials – like keeping a roof over your/your family’s head.
What is a Trust?
A Trust helps ensure a pay-out goes to the people you’d like to benefit from your protection policy – should the worst happen. As the ‘settler’ (the person who creates the Trust), you can choose the people who will benefit (the ‘beneficiaries’). The Trust defines how and when they can receive the money from the insurance company.