No one can possibly replace a loved family member but in addition to dealing with the unavoidable tragic emotional loss, the unfortunate death of you and/or your partner can create challenging and unwelcome financial difficulties for the surviving partner, your children, or any other family members who might be a financial dependent.
We can help you to evaluate your family protection needs, and we will work with you to design a life assurance programme that, should the worse happen, will ensure that you and your loved ones have the financial support needed.
Although the concept of life assurance is straightforward, there are numerous different types of policy and cover variants, and it is therefore vital that you have the comfort of knowing that you have put in place the right solution and the right level of cover for you and your loved ones needs.
We can explain the different options and costs, independently select a suitable solution from the market, and provide you with our written recommendations. We can then assist you with the application process, facilitate any necessary medical or financial underwriting, and ensure that correct policy documentation is provided to you. Further, we can even provide you with general guidance as to whether establishing life assurance policies under a ‘Trust’ might be appropriate, and supply you with specimen trust documentation which you can then discuss with your legal adviser.
If you have death in service through your employer, it is important to remember that this will usually only pay following your death and not your partner’s, and that the benefit will normally cease should you leave service – so it can be a prudent strategy to ensure that you always have in place some level of independent life assurance too.
In2Matrix © 2016. All rights reserved.
In2Matrix (UK) Limited is a trading style of In2Planning Limited, registered in Scotland, registration number No SC181076. Registered office - 36 Church Street, Inverness, IV1 1EH.
Authorised and regulated by the Financial Conduct Authority. FCA 456198