Protecting your Family
In a survey by one of Britain’s largest financial institutions it was revealed that the average household in the UK now has just 26 days on average until their savings run out and they could be on the breadline financially, without some other income to rely upon.. For working age families its just 11 days.
Major events such as loss of a loved one, serious illness, accident , and unemployment can all affect the household income and your ability to pay the bills.
Ideally we’d each have an emergency savings pot to see us through – many experts suggest having a rainy day fund of six to nine months’ expenditure in an easily-accessible savings account. However, that’s just not practical for many of us. While it may give you breathing space if you fall ill, it won’t cover you or your family for long periods off work.
You should also bear in mind that the state benefit safety net increasingly won’t pay you enough to maintain your current lifestyle.
We work with you to establish your protection needs and recommend the most appropriate cover for your needs from the vast amount of protection products available,
As with all insurances – conditions and exclusions apply.