Critical illness

Critical illness insurance will pay out if you get one of the specific medical conditions or injuries listed in the policy. But be aware that not all conditions are covered and policy will also state how serious the condition must be.

Every year 1m workers in the UK unexpectedly find themselves unable to work because of injury or illness, according to the Association of British Insurers.

Examples of critical illnesses that might be covered include:

• heart attack
• stroke
• certain types and stages of cancer
• conditions such as multiple sclerosis

Most policies will also consider permanent disabilities as a result of injury or illness. It only pays out once and then the policy ends. Some policies will make a smaller payment for less severe conditions, or if one of your children has one of the specified conditions.

As these types of policy vary it is best to have a detailed discussion with us so we can determine which provider best suits your needs.

Income protection

Income protection insurance is a long-term insurance policy to help you if you can’t work because you’re ill or injured.

• It replaces part of your income if you can’t work because you become ill or disabled.
• It pays out until you can start working again, or until you retire, die or the end of the policy term – whichever is sooner.
• There’s a waiting period before the payments start. You generally set payments to start after your sick pay ends, or after any other insurance stops covering you. The longer you wait, the lower the monthly payments.
• It covers most illnesses that leave you unable to work, either in the short or long term (depending on the type of policy and its definition of incapacity).
• You can claim as many times as you need to, while the policy lasts.

According to the Association of British Insurers one million workers a year find themselves unable to work due to a serious illness or injury.

• It doesn’t matter whether or not you have children or other dependents – if illness would mean you couldn’t pay the bills, you should consider income protection insurance.
• You’re most likely to need it if you’re self-employed or employed and you don’t have sick pay to fall back on.
• Check what your employer will provide for you if you’re off sick.

Family protection

Family Protection is a type of life insurance that allows you to secure your family’s financial future in the event of your death. It can be a level term insurance which means it pays out to your dependants if you die within a fixed term. The premium stays the same (as does the pay-out) whether you die on the first or the last day of the policy.

To find out more call us today on 0113 208 3308 or request a no obligation quote using our online form.  We offer friendly, expert assistance over the phone and a member of our fully trained team will call you back to discuss your needs more fully.

Accident, sickness and unemployment cover

An Accident Sickness and unemployment is designed to provide you with financial protection in the event you are unable to continue working because:

• You have lost your job through no fault of your own;
• You become ill and are too sick to work;
• You are injured and unable to work.

You will typically receive a proportion of your income for up to 12 months which can then be used to help cover your monthly outgoings.

Building insurance

Buildings insurance will provide you with the money to cover the costs of repairing or rebuilding your home should it be damaged or destroyed.

If you are a home owner then buildings insurance will be crucial, but if you are renting a property then buildings insurance is the responsibility of your landlord. However, as a tenant, you may wish to consider taking out contents insurance.

Buildings insurance will cover the structure of your home – but can also include sheds, garages and other external features.

These features aren’t always included as standard, so make sure you check with your insurer in case you need extra cover.

A standard policy will usually cover you for the following:

• Floods
• Subsidence
• Theft/vandalism
• Fire
• Lightning damage
• Water damage