Why do you need protection?
Broadly speaking, as with Investments and Pensions, the Protection plans we provide fall into two categories, either individual or corporate.
For both individual and corporate clients, protection underpins the whole financial planning process. It ensures continuity of everyday life, with less disruption and financial stress.
Individual – individual protection can include; life cover, critical illness cover, income protection, family income benefit, relevant life plans, whole of life plans or mortgage protection.
Corporate – corporate protection is often more cost effective and accessible than personal or individual cover. Types of corporate protection include; group life cover (where there may be no requirement for underwriting) partnership protection, key man cover, share purchase protection, group income and critical illness protection. Offering group protection policies to your employees can distinguish you from your competitors and help to secure staff loyalty.
Protection ultimately acts as your safety net – as with any area of planning it can be tailored to suit your requirements and your budget.
The cost of protection for you or your business will depend on a number of factors including the type and level of cover required, age, health, occupation and pastimes of those being protected.
At Grape, we explore a fair and tailored analysis of the market to help you choose the right cover for your individual needs.
Do you want to better understand your protection options? Get in touch for an initial conversation, we’d love to help.