Family Protection (Life and Health Insurance)

The peace of mind that comes with protecting you and your family against the unforeseen is immeasurable. However, this does not mean that you want to pay a ridiculous amount for the cover. Our team at Perredon are able to help and advise you on the best policies to suit your individual needs, without breaking the bank.

Some of the things we can help you with are as follows:

Life insurance

Life insurance now comes in a variety of forms. Put simply, the insurance company pays out if the insured person dies before the end of the contract.

You can take out life insurance on your own life or the life of other individuals such as your spouse or business partner, it is also possible in these circumstances to take out a joint life policy.

Term insurance

Term insurance is the simplest form of life insurance. This type provides protection for a given period of time. For insurance of this nature, the sum insured is only payable if death occurs within the specified period. This is also the cheapest form of life insurance as there is no guarantee that a cash sum will be paid out, as nobody knows exactly when he or she will die.

Whole of life policies

These policies pay out the benefit upon the death of the insured. This means that as long as premiums are paid, a payout will be certain. Because of this, cover purchased is more expensive than for term insurance. Buyers of whole of life policies can choose a fixed sum insured, or one that is linked to the growth of investment markets.

Critical Illness Cover

Critical Illness Cover is designed to pay out a guaranteed sum of money if you are diagnosed as suffering from one of the critical illnesses specified by the insurer (cancer, heart attack and stroke are the three most common claims). People often seek to ensure that their mortgage is paid off in these circumstances. There is no need to pay the funds back should you go on to make a full recovery.

Income Protection

This plan helps preserve your standard of living by providing you with a percentage of your monthly income if you suffer from an illness or injury and are unable to work, resulting in a loss of earnings. Unemployment cover can often be added at an extra cost.

Complete Financial Review

Pension and Retirement Planning

Savings and Investments

Tax Planning to cover Inheritance Tax, Income Tax and Capital Gains

Family Protection (Life and Health Insurance)

Long Term Care Planning

School Fees Planning

Mortgages