|Protecting You & Your Dependants
One thing that the majority of people want to ensure is that
their dependents have sufficient money to survive and enjoy
life if they die or are unable to work.
Many people have cover to repay their borrowings on death,
for example their mortgage, but have no additional provision
to provide for their family on their death. The state will
provide some help, but generally it is not enough to let
your dependents live up to the same standard as before.
Providing additional provision for your family is relatively
easy to arrange and can be put in place at a low cost.
If an individual is unable to work due to an accident or
illness they may receive income from other sources, such as
their employer through a sick pay scheme, though this may
not continue for long, or from the state, however in the
majority of cases the amount paid will be insufficient for
most people to survive on.
Your income stopping may therefore substantially affect how
your family lives. Therefore, protecting your income against
being unable to work due to accident or illness is essential
especially if you are a business owner.
Your income can be protected and cover for this can be
arranged easily and at a relatively low cost.