INSURANCE

Life Insurance

The old maxim of “failing to plan is planning to fail” is no better suited to the ignoring of crucial decisions on life protection.

Life Insurance is used to protect your family from the financial implications of a personal tragedy and can be particularly important if you have young children or dependents. It can be used to cover a mortgage, other loans or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away.

Finding the right type of life cover can be time consuming and tedious. With so many different policies available, sometimes people opt for polices which seem advantageous due to cost but in practice, are totally wrong for you.

As independent advisors in this field, we can ensure we assess your individual requirements thoroughly before recommending a well suited policy for you.

Critical Illness

A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.

This type of plan is designed for those individuals or families who want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers which is why it is very important you contact us to discuss how we can help you find the plan that best meets your requirements.

To discuss your personal & family protection in the strictest confidence please get in touch using the below form.

Business Protection Insurance is vital when you are running a successful business. Just as we protect our homes, cars and family from unforeseen circumstances, it is imperative we also protect our business. London Finance Solutions offer five different types of Business Protection Insurance:

• Director/shareholder protection
• Keyman Insurance
• Business loan protection
• Partnership protection
• Sole trader protection

It is often the case where we do not consider taking out business protection as many people may not consider it as a necessity. This is a vital mistake. Business Protection Insurance is a way to protect your business and can act as a safety net. When going into a business, it is important to ascertain what type of insurance you will require and factor this into your budgeting.

If you are uncertain of this, feel free to call one of our qualified advisors to discuss your requirements.

We can never predict what is around the corner and for this reason, ensuring our businesses are fully protected can help avoid the many pitfalls and the unexpected. By being fully covered you can:

• Ensure your business continues to trade
• Afford to replace key individuals in your company
• Buy the shares of an individual who has become critically ill or deceased died
• Protect yourself from corporate debts

Our aim to ensure you first understand what Business Protection Insurance is and then help you understand the benefits of having it. 

To discuss this further in the strictest confidence please get in touch using the below form.

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age) or on death.

With some of our providers, you can pay a little extra every month and include a redundancy insurance to cover you as part of your policy.

This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.

To discuss your personal & family protection in the strictest confidence please get in touch using the below form.

Private Medical Insurance (PMI) can offer you that additional peace of mind that yours/your families health will be covered incase of illness or an emergency. 

PMI gives you access to leading health institutions, with private healthcare from surgeons, doctors and consultants. You generally have different locations available and the waiting times are less than the NHS. 

We can help you arrange Personal and corporate PMI plans. 

To discuss your personal & family PMI in the strictest confidence please get in touch using the below form.