FAQS

Life insurance pay outs are exempt from income and capital gains tax, but are subject to inheritance tax.

Our advisers will help you put the policy into trust which can help mitigate inheritance tax and make sure the money is given to the right people at the right time.

We can arrange cover for people up to age 90 years of age.
Although the cost of cover generally rises as you get older, we’ll find you the right deal.

Typically a critical illness policy covers many different illnesses. It is usual for major conditions such as cancer, heart attack, stroke, Multiple Sclerosis etc.

However, this varies by insurer – as different insurers will specify the level of severity of the condition that they will cover it’s really important you choose the insurer who gives you the covers the things most important to you. Our advisors will listen to your needs and talk you through your options to get the right level of cover for you and make sure you know what your insured for.

Usually any alcohol or drugs abuse related illness is excluded, as is pregnancy and any illnesses due to self harm.

Exclusions can vary from insurer to insurer and your adviser will be able to tell you what these are.

Terminal illness cover is usually included on life insurance policies at no extra cost.

It could pay out your chosen amount of cover if you’re diagnosed with a terminal illness and have a life expectancy of 12 months or less, rather than on your death. Critical illness cover is available when you buy your life insurance at an additional cost.

It’s designed to pay out your chosen amount of cover if you’re diagnosed with one of the policy’s specified critical illnesses during the term of the policies even if you are not going to die due to the illness. This can help cover major expenses such as paying off your mortgage/debts, covering your bills or helping make home improvements to make things easier.

Yes! A personal critical illness policy will pay out a tax-free lump sum.

The amount of cover you should take out will depend on your situation, for example the size of your debt and outgoing expenses, as well the size of your family.

When you talk to us we’ll undertake a thorough review of your situation and make recommendations to help you reach the right decision so you get the right cover for your needs.

Income Protection can be very useful for people who would struggle if they couldn’t work because of an accident or sickness.

If your savings won’t be enough to pay your bills for very long time after your sick pay finishes then income protection can help you replace part of your income.

Our advisers will recommend a policy which will help you should the worst happen so you don’t have to worry about the bills as much and concentrate on getting better.

You will receive the pay-out after your deferred period. You choose how long you can last without the insurance, you might not need the insurance to pay out until your sick pay stops or your savings run out.

The longer your deferred period the cheaper your policy will be, some people would only want to wait 1 month where others can wait for 12 months. Your adviser will tailor the policy to your circumstances so you have the right policy to suit your needs.

Terminal illness cover is usually included on life insurance policies at no extra cost.

It could pay out your chosen amount of cover if you’re diagnosed with a terminal illness and have a life expectancy of 12 months or less, rather than on your death. Critical illness cover is available when you buy your life insurance at an additional cost.

It’s designed to pay out your chosen amount of cover if you’re diagnosed with one of the policy’s specified critical illnesses during the term of the policies even if you are not going to die due to the illness. This can help cover major expenses such as paying off your mortgage/debts, covering your bills or helping make home improvements to make things easier.