Good Life Insurance or Life Cover advice can be life changing: leaving you free to enjoy each day with real peace of mind.

What kind of financial future do you picture for you and your family? Now imagine that picture without you in it should the unexpected happen. How would your family cope? Life Insurance is a great way to help protect your family from the financial worries they could face if you were to die. It could help with household bills, childcare costs or paying off outstanding mortgage balances. Protecting your future finances is an important consideration. However for many, this can be confusing, and everyone's protection needs are unique, so it's important to understand what the right cover is for you.

In a confusing market place, we will search for the right cover at the right cost from our panel of insurers.

What does it cover?
Life insurance provides a cash lump sum or regular income in the event of your death or if you are diagnosed with a terminal illness.

All Life Cover is essentially a contract between you and the insurance company in which they pay out a cash sum should you die within the term of the cover in return for you paying them regular premiums.

You can also choose to take cover on a level or decreasing basis, with level term assurance maintaining the amount of cover throughout the life of the policy, and decreasing meaning that the cover reduces over time which might work with a repayment mortgage. We can advise which is most suitable and most cost-efficient for you.

How does it work?
After assessing your Life Cover needs, we will help you to determine the amount of cover you need.

Using the information you have provided we will work out the most appropriate policy for you. To enable the insurer to medically underwrite your application you will need to answer questions on the application form about your medical history and lifestyle.

You'll then pay a monthly premium direct to your insurer. If you pass away during the term of the insurance, your insurer will pay out the 'sum assured' to your beneficiaries, trustees or to your estate. This is not an investment plan and there is no surrender value.

We can also advise on the benefits of putting your insurance policies into trust - just ask your Allied Financial Consultancy advisor.

In the case of Life Insurance, writing your policies into trust can potentially speed up processing of claims, avoid any delay in probate and possibly protect the policy proceeds from inheritance tax.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

When your income is important, it's worth protecting.

Most households these days rely on one or two incomes to get the family through the month. Imagine what would happen if your income was to stop for a period of time? Financial worries brought about by illness or injury can have long term and far reaching implications - what happens if you can't pay the mortgage for example?

Income Protection Insurance can help significantly reduce the impact that even long term illness or injury can have on your family's lifestyle - leaving you one less thing to worry about.

What does it cover?
Income Protection replaces a proportion of your income if you are unable to work through illness or injury.

Through the terms of your policy, your insurer will pay you a tax free (under current legislation tax year 2016/2017) monthly income to replace loss of earnings if you are unable to work due to ill health or injury.

Income Protection polices can be complex, so it's worth getting expert advice and answers to some specific questions. For example, you should ask about the definition of incapacity on which the plan would pay out: the three main definitions being own, suited and any - there is a significant difference between each.

Own occupation definition offers the most comprehensive cover however cheaper options may be available, such as the suited and any definitions.

How does it work?
Taking into account your current health, we'll assess your protection needs and advise on the most appropriate level of cover for you.

To enable the insurer to medically underwrite your application you will need to answer questions on the application form about your medical history and lifestyle. This is important to ensure the policy is both cost effective and will pay out if and when needed.

You'll then pay the monthly premium to your insurer for the life of the policy. If you are unable to work for medical reasons, the policy pays out until you are able to start working again; or until you retire, die, or the end of the policy term - whichever is sooner.

The income protection insurance we offer has no cash in value at any time. It's important that you continue to pay your premiums otherwise your policy will end and you will not be covered. In the majority of cases you will not have to pay the monthly premiums while you're recieving a benefit from these policies.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Home Insurance
Home Insurance comprises of two types of cover buildings cover which covers the structure of your home, and contents cover which covers your personal possessions in the event that you suffer damage or loss as either a property owner or an occupier.

The cover provided differs from insurer to insurer but we aim to offer our clients the best options available from our panel of insurers.

We will gain an understanding of your needs and advise you on the product that best meets your needs, including buildings cover, contents cover and personal possessions cover for outside the home.

The marketplace is complex with comparison sites and insurers offering products directly but it is important to get the right advice to ensure you have the cover that you need and be assured that in the event of a claim that the company will pay out for the damages.

Landlords Insurance
Landlords Insurance provides you with peace of mind by protecting your property and contents from damage or loss whilst also protecting your legal liabilities as a property owner.

As with buildings and contents cover for residential properties it is important to get the right cover that suits your needs.

We will gain an understanding of your needs and advise you on the product that best meets your needs, including buildings cover, contents cover, cover for loss of rent if it is an option and most importantly your liability insurance as a landlord.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.