Complete financial peace of mind means absolute confidence that your wellbeing and the standard of living you provide for your family will remain uncompromised, no matter what ups and downs life brings.
Complete financial peace of mind
Insurance is one of the tools we use to make sure you’re ready if you are faced with unexpected life events. The right insurance protects you and your family from the negative financial consequences which may follow on from sudden life-changing occurrences such as redundancy, accident or serious illness.
As part of our comprehensive service, The Financial Options Group will help you to discover the insurance plans which will suit your coverage needs, but won’t exceed your budget.
Life Assurance ensures that your home and lifestyle are protected in the event of illness or an accident. Whether you plan to pay off your mortgage, receive a lump sum or provide a replacement income, we can help you to find a policy suited your family’s needs and budget.
Level Term Assurance
Level Term Assurance provides a guaranteed sum in the event of your death, or you becoming eligible for terminal illness provision under the plan. The amount of life cover remains the same throughout the fixed term of your plan. Often, terminal illness cover is built into your plan at no extra cost.
Decreasing Term Assurance
Decreasing Term Assurance provides a guaranteed sum in the event of your death, or you becoming eligible for terminal illness provision under the plan. The amount of life cover will reduce over the fixed term broadly in line with the amount you owe on your mortgage. The cost of this cover is usually cheaper than level life cover.
Critical Illness Cover
In the unfortunate event that you are struck down by a condition that changes the way you live your life, critical illness cover can help you deal with the financial pressures this is likely to bring. The cover works by paying out a tax-free lump sum following diagnoses of specified critical illnesses (these vary depending on the policy), helping you to pay for alterations to your home, a new car or a permanent carer.
Income protection insurance can ensure the wellbeing of you and your family remains uncompromised, and provide a reprieve to anxiety and stress in times of unemployment. The right insurance plan can act as a replacement for your lost income, cushioning you from the blow of losing your job and helping you to get back on your feet.
Private Medical Insurance
Private Medical Insurance (PMI) is a type of cover that pays your private healthcare costs if you have a treatable condition. PMI usually allows access to specialist medical treatment more quickly than on NHS waiting lists, as well as access to the hospital and consultant of your choice and a private en suite room.
The Financial Options Group can help
Our team of qualified advisers will help you find the right policy for your family’s needs and your budget. We can talk you through all the options and give you simple, uncomplicated advice to help you make the right choice for your circumstances.