My Family
The future financial security of your family is something that needs careful planning, it needs organising and should be subject to regular reviews.
This section has been specially designed to assist should you wish to consider the financial needs of your family. Alongside the opportunity to plan for the costs of a child's education, you'll be able to consider the need for Life Assurance, or the provision of financial protection against you contracting a serious illness. There is also information regarding the provision of Private Health cover.
We have even included a section for those that own a pet. Our special section focuses on the financial risks of owning a pet. You can arrange insurance to cover unexpected vet bills.
Please note that we can provide more information on any of the subjects covered. If you wish to speak to us or to send us an email just click on the button marked 'Contact Us' shown above.
Family Protection
Looking after your family and ensuring that there are adequate funds to cope with the unexpected will probably form the cornerstone of your financial planning.
Illness, job loss or the death of a wage earner can plunge families into real financial hardship. Taking a little time to assess your risks and work out how much money you would need to cover debts and provide your family with an income for the future, could be the most sensible thing you do today.
With all the insurance products now available, a complete programme of protection could be built to meet your needs and it could be adaptable to cater for future changes in your circumstances.
Whether you are concerned with the need to provide for your family if you die or feel that your greatest risk is from illness there is a product to meet your needs. If your partner also contributes to the family income, then you could build a separate plan for them or take out a joint policy covering you both.
You do need to compare products and prices. Don’t forget, if you need any help, simply contact us.
Education
Planning for the cost of a child's education, whether it is for school or higher education, continues to be an important feature for many families. This section looks to assist those who wish to invest money to meet future expenses related to a child's education.
Planning for education expenses is far more common than it used to be and has become a high priority for a number of families. In the past most children went to State schools and finished their education at school leaving age. Times have changed. Different educational practices have lead to a greater number of children continuing their education into their late teens or early twenties.
This has created new financial demands on families, many of whom need to plan for the financial commitment of a child's higher education. These new commitments relate not only to the fees but also involve meeting the young person's living expenses whilst at college or university. This has become particularly important since the changes to student grants.
Making long-term provision for a child's education is easily arranged. It could help you meet a heavy financial burden on your family. You should not ignore this important area of long term planning.
Family Health
With constant pressure upon the National Health Service, especially during the winter months, many people are deciding to make extra provision for themselves and their families. They feel more comfortable having the security of medical insurance behind them. This offers them the freedom to choose to have their medical needs satisfied in the private sector if they would prefer.
Sometimes the cost of private medical assistance for the family can be met from other financial resources without the need to arrange Private Medical Insurance. If you fall into this category it would still be wise to review how your assets are invested to ensure sufficient money is available should an illness strike and your usual income is reduced.
If you need assistance understanding your options, or you wish to review your current investments and their ability to cover your medical needs, you can contact us.