How would your loved ones manage if you should die or suffer a serious illness?

We all know of someone who has been affected by the death of a loved one, or suffered with cancer, stroke, multiple sclerosis or heart attack to name but a few conditions and the effect it has, not only on the individual but also their close family. We all think that it will never happen to us, and I do hope that it won’t, but you never know what is around the corner. No one is immune.

Take a minute of your time and think about it for a short while.

You have car insurance, why? Because it’s the law.

You have house insurance, why? Because who can afford to pay the rebuild costs of a house should anything happen to it.

You have travel insurance, why? Just in case something happens to you when you go on holiday.

You have pet insurance, why? Because you care about your pet and don’t want to be lumbered with large vets bills.

Who pays for the above? Well that’s you! You go to work to earn the money to pay for all of the above. Think of a cash machine in the corner of your living room. Every month you go to it and take out money to pay for the household bills, the lovely car, the food on your table, the nice clothes and the beautiful holidays. What would happen if that cash machine broke down? Wouldn’t you protect it? Of course you would. Then why don’t you protect yourselves?

In 2018, 141.4 million working days were lost through sickness absence or injury in the UK according to the Office for National Statistics 2019.

There are many types of protection that can cover you for different things. It is a minefield but with the correct advice and guidance you can choose the best product from the whole of the market that matches your needs.

If you have some protection in place, then that’s great. I guess it was probably taken out years ago? Can you remember what it covers? Does it still match your needs? What is it that you’re paying for each month? 

If you wish to have a chat about your protection needs then get in touch now, don’t leave it until it’s too late. We are here to help you and your family. We are a local, friendly team of Independent Financial Advisers with many years of experience.

Give us a call on 01788 57 11 22 and we will be more than happy to help.

The information provided is based on our current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. All references to taxation are based on our understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances of the investor. 

PJL Financial Services Limited are authorised and regulated by the Financial Conduct Authority. 

Your home may be at risk if you do not keep up repayments or other loans secured against it.