Explaining the different types of insurance that may help to protect you and your family, at a time when you need it.
Many of us insure our homes and cars without really thinking about it, but far fewer insure their lives and incomes. Savings can and do help in the short-term, but what happens when they run out? Or if an illness goes on for three, six, or even 12 months?
The types of financial protection covered in the guide:
- The main types of insurance: There are three main forms of financial protection to consider, we look in depth at all.
- Life insurance needs: Life insurance puts money in the hands of those who need it when a person dies. We highlight some example scenarios where this might help to support you.
- The right life insurance policies for you: Talking you through term insurance which is typically the right sort of life cover for most types of family protection needs.
- Health insurance: It is important to consider what happens if you are unable to continue working, and how income protection insurance can provide security for you.
- Medical insurance: These policies can help you to afford the cost of private medical treatment.
What type of insurance you should take out depends on your goals and needs, but appropriate financial protection forms the basis of a strong financial plan. Download the guide below using the form.Â
