Insurance & Protection

You could be forgiven for being baffled by the insurance and protection choices offered these days. It seems everywhere we turn there are adverts for cheap life insurance and protection policies. It can be a mine field, how much cover do you need? How much should it cost? How much is too much?

At Financial Bliss we are qualified to advise on all areas of Life Insurance, Critical Illness Insurance, Payment Protection Insurance, Home & Contents Insurance and Business Protection Insurance. With a free consultation we seek to understand your current situation and make a real life recommendation that is right for you and your family.

There are various different ways in which a family or individual can protect themselves; a few of the more common options are listed below.

Life Insurance

Unfortunately we don’t know what is around the corner. Events happen and can leave our families exposed. It makes sense to be protected. A life insurance policy will pay out a lump sum on death during the policy term, ensuring that when the worst happens at least the family can be confident that they are financially secure.
How much cover is required varies individually. We will make a personal recommendation, ensuring that you have the right cover for your needs, at the right price.

Critical Illness Protection

A critical illness could happen to any of us at any time. In the event of being unable to work the last thing we need to worry about is how we are going to pay the mortgage or bills. It could be that your home would need to be adapted or you find yourself with a need for specialist care. A critical illness policy will pay out a lump sum on diagnosis of a defined critical illness within the policy term, ensuring that your immediate needs are taken care of.
Critical Illness policies vary from provider to provider, not just in terms of price but also in terms of cover. It is important to seek professional advice and look at all the options available to you before making a decision. Again, we will make a personal recommendation and ensure that you have not only the cover you need, but at a price you are comfortable with.

Income Protection Cover

Although this type of cover has experienced a lot of negative cover in the press lately, there is still a need for it. Arranged correctly, this cover can ensure that should you be unable to work due to an accident or sickness you will still have an income to ensure you can maintain your lifestyle.
This cover is particularly important in these times of austerity, with many companies reviewing their sickness policies and changing what they will pay in the event of an employee being absent from work for a prolonged period of time. In addition, the threat of redundancy is particularly relevant given the current economic climate.
As ever, the amount of cover required varies individually. We will make a personal recommendation, ensuring that you have the right cover for your individual needs at the right price.

Business Protection

Many business take great care to insure their stock, machinery, equipment, premises and legal liabilities. They have worked hard to build up their businesses and want to make sure they are protected should the worst happen.
This makes it all the more surprising that perhaps the most important asset is neglected – The people. The staff of a business are integral to its success; consider the Finance Director who knows the workings of the business intimately – What would happen if he were unable to work?

New products have enabled businesses to not only protect their staff but also pay the premiums in a tax efficient manner.
We offer a free consultation and can assess your needs and requirements before making a specific recommendation which is tailored to your needs.