Protection
Insurance is nobody’s favorite subject, but it is essential to our peace of mind. If a flight is cancelled or a thief makes off with a handbag, we want to be assured that we will not lose out financially. Yet, despite the importance of protecting ourselves and our families, insurance in all its guises – from redundancy to home to life – is often ignored when we come to think about financial planning.
Britain is a very underinsured nation. Everyone should consider life, income protection and critical illness cover. More than 18 million British adults have no life insurance, a large proportion of whom have children. Around 70% of Britons have no critical illness cover. Just think about the implications for a second. Could your family cope if you were unable to work? Would your spouse be able to meet the mortgage payments alone, as well as providing for the children? How long would it take for your savings to run out?
Our failure to cover ourselves is perfectly understandable. You may cheerfully prefer to believe that the worst will never happen to you. But perhaps the most important reason is that we are confused. There are countless financial products on offer from a host of different organisations.
Many people just have no idea where to start looking, let alone which products are most suited to their needs.
Financial protection is not an easy topic. Even the financially savvy struggle to explain the differences between various types of life cover or whether accident, sickness and unemployment insurance is an appropriate substitute for income protection cover. The jargon can be impenetrable, the literature on the subject difficult to understand. Few of us know who to turn to for advice. Those who do scour the financial pages of the newspapers for guidance will find themselves confronted by a wide range of views on which products to buy and where to buy them.
But that is no reason to give up. If you are feeling flummoxed by finance, Simpli Independent are here to help. We can help you de-mystify the complex world of financial protection, addressing the issues that concern you most and suggest solutions to common financial problems.
Confused by all the insurance policies out there? Not sure where to start when it comes to protecting yourself and your family? We will talk you through the key areas of financial protection, from life cover to income protection. We will help you understand the best way to protect you and your family, which products to pick and how to avoid some of the pitfalls of financial planning.
Call to arrange an appointment, 0114 2760200
Get a Life Insurance or Illness Insurance Quote
For a free no-obligation
Life Insurance or
Income Protection Insurance
Quotation click here.
Contact Us
Telephone:
0845 688 6168
Email:
info@simpliindependent.com
Financial Review
Book a Financial review with SimpliIndependent today...
Fact Sheet Downloads
Our clients can download our range of handy factsheets about Pensions...
FSA Retirement - PDF 305kb
News & Press
Latest News
At what rate are your savings growing?
17th June 2008
The rate of inflation is expected to have risen above 3% when the figures for May are released by the Bank of England later.
This could force the Bank's governor...
It's simple - Isa's are more flexible
7th April 2008
Savers and investors will able to stash more money in individual savings accounts (Isas) and gain more freedom about what they do with their cash under new rules coming in...
Scouting out the best investment for his inheritance
27th March 2008
Money inherited from his grandparents helped Tony Richardson take advantage of this year's individual savings account (Isa) allowance and earmark funds for another Isa at the start of the next tax...