Insurance cover can protect you and your family against a range of eventualities, including sickness, critical illness and death.
Critical Illness Cover
Critical illness cover, or critical insurance, as it sometimes known, is designed to pay out a lump sum if you are diagnosed with a specified critical illness, and survive.
Income Protection Insurance
Critical insurance plans do not provide regular income.
If you feel that you would also benefit from a regular income if you were unable to work, then you would also want to consider income protection insurance. It is quite normal to put in place both plans as part of a family’s protection strategy.
Life insurance is a simple product designed to pay a lump sum in the event of death.
It can be taken out to provide cover to protect a mortgage. It can also be set up to provide additional family protection.
Life cover can also be taken to protect a business. If the owner of a business, or his/her partner or someone who is vital to the operation of a business were to die, life insurance would provide financial stability (at least initially), which would then allow time for planning and re-organisation.
A life insurance policy can also be written in trust, to avoid the need for probate, and to ensure prompt payment.
Contact Sterling Partnership and we can arrange for our insurance expert to visit you and conduct a full review of all your insurance needs. We will then search our panel of providers to find the most suitable cover at the most competitive price.
Our expert will take time to fully explain the products we recommend and will ensure that any advice given matches your needs. We are always available to discuss any queries you may have and you can contact us by telephone, email or through our website.
Sterling Partnership Limited is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are regulated by the Financial Conduct Authority