Protection
financial protection ADVICE in Cardiff, Newport, Swansea and Bristol.
The experienced financial advisors at JWA Financial Planning are always on hand to offer their expertise and assistance to enhance your financial security while keeping costs to a minimum. To schedule an appointment to discuss your needs, give us a call today. We welcome enquiries from clients based in Cardiff, Newport, Swansea and Bristol.
Life carries many risks and most of us choose to have the comfort of insurance to protect us ‘should the worst happen’.
In some cases we have no choice (car insurance for example or insuring your home) but in most areas of our lives the insurance choices are more difficult. When it comes to protecting our loved ones or our businesses knowing which insurance type to choose, what level of benefits you need and how much is affordable can be quite complex.
Our expert Independent Financial Advisers can guide you through this, helping you select the most appropriate policy type and protection levels to suit your circumstances.
Just click here
to arrange a no obligation chat about what’s on your mind. Its free and there’s no obligation.
Warning: If premiums are not maintained then cover will lapse. Most Protection policies do not have a cash value, unless a valid claim is made’
PRIVATE HEALTH INSURAnce
Private health insurance offers quick access to healthy care for yourself and your family.
It allows you to see a specialist and receive diagnostic tests without delay. In the event that treatment is required this can be arranged quickly and smoothly including a comfortable time in hospital and follow up consultations. Usually you will begin with a GP referral but then you can usually choose, from a list of specialists and hospitals, who to see and where so you can plan your treatment to fit around your life.
JWA works with its expert partners to understand your needs then research the whole market and to find the health insurance provider and the plan that is best for your personal circumstances. This ensures that all options are considered and you won't pay too much for the cover you require. And the process is simple so that you need only answer all those health and lifestyle questions once.
You can request a confidential discussion with an Adviser - just click here
to get a call back. Your first consultation is at no cost to you and without obligation.
Income protection
People often under-estimate the importance of Income Protection, particularly when applying for a mortgage and believing life insurance is the priority. Income forms the foundation of everything we do and is our most important asset. Have you ever considered how would you continue to pay your mortgage and bills, provide for your family and continue to enjoy your lifestyle, if you were unable to work due to long term sickness or an accident? We insure our home and the assets within it but we often neglect to insure what actually provides these and other essentials in life, most of us do not have the adequate savings that would be needed to support ourselves and our family if we could not work. Income Protection, often referred to as Permanent Health Insurance, is a long-term insurance policy designed to protect your income in the event that you are unable to work due to accident or sickness. Whether you are a single person, the main household earner or responsible for raising children income protection is essential for you. If you would like to find out more about the importance of income protection and would like to get an idea of the cost call us
now.
ASU
Accident Sickness and Unemployment insurance is a short-term policy designed to pay out if you are unable to work due to accident and sickness or are made redundant. The policy can typically pay out for up to 12 months or sometimes longer and can be tailored to suit your needs, if you have income protection in place and are just looking to protect against being made redundant this policy could be right for you. It is difficult for us to predict the future and whilst our employment may seem stable or we may feel in good health we never truly know what is around the corner. ASU can give you the peace of mind that in the event of having an accident or being unwell enough to work for several months or are being made redundant, your mortgage, bills and other general outgoings can be protected.
Mortgage Protection
Mortgage protection is a life insurance policy designed to protect your mortgage in the event of death or critical illness, by releasing a lump sum that will cover the outstanding mortgage balance at that point in time. Our mortgage is often our largest monthly outgoing and those left behind may not be able to continue to support it on their own. Knowing the mortgage can be repaid in full on your death gives you peace of mind knowing any loved ones left behind have one less thing to worry about. We recommend you place your insurance in a trust, to find out more about this call one of our experienced advisors now.
LIFE & CRITICAL ILLNESS
Life insurance or life cover is a type of policy that is designed to reduce the financial impact your death may have on your family. Most of the life assurance policies pay out a lump sum as cash to your family members, if you happen to die while covered under this policy. This will help minimise the everyday financial burden that your loved ones will have to deal with such as bill payments, mortgage payments and childcare expenses. You can decide the amount of policy coverage and its duration. The insurance can be taken under joint names or a single name and the premiums can be paid on a monthly or annual basis. For more information, arrange a meeting with one of our financial advisors.
HOME & CONTENTS
This is an essential insurance that most of us need to consider, whether you are a home owner looking to protect both home and contents or a tenant needing to insure contents alone. We have access to the market leading insurance brokers and can arrange your insurance for you saving you the time of having to search all those comparison sites. If you are seeking a mortgage the lender will require that the buildings are insured within their terms and conditions.
LANDLORD'S INSURANCE
As a landlord you have enough to manage without worrying about the added worry of damage to your property or contents. Mortgage lenders will require you to insure your building as a minimum however Landlords Insurance can offer you so much more with some policies offering protection against loss of rent and Public Liability insurance. Whether you are looking to set up a portfolio landlords insurance or to insure a single dwelling call us
now to find out how we can help you.
BUSINESS PROTECTION
Key Man Insurance
Does your small or medium sized business rely on a small number of key people whose absence through illness or accident could have a serious financial impact and could even lead to ceasing to trade profitably or at all?
A Key Man Insurance Policy can be arranged to pay out (to the business) if through death or illness or injury one or more key individuals are unable to fulfil their duties. The business can use the sum assured to cover recruiting costs or lost profits.
This type of policy can be purchased by the business. The cost of key man insurance depends on the level of cover required and the term.
Does your small or medium sized business rely on a small number of key people whose absence through illness or accident could have a serious financial impact and could even lead to ceasing to trade profitably or at all?
A Key Man Insurance Policy can be arranged to pay out (to the business) if through death or illness or injury one or more key individuals are unable to fulfil their duties. The business can use the sum assured to cover recruiting costs or lost profits.
This type of policy can be purchased by the business. The cost of key man insurance depends on the level of cover required and the term.
Click here
to find out more about how to protect your business against this significant risk.
Shareholder Protection Insurance and Cross Options Agreement
Shareholder Protection Insurance provides that in the event of the death of a shareholder the remaining shareholders are able to purchase the deceased’s shares. The cross option agreement is a shareholder agreement that provides the mechanisms for ascertaining the value of shares and ensures both that the firm is able to continue with clear arrangements for control whilst the family of the deceased are not forgotten.
There are pros and cons of this form of insurance. There are a number of ways of arranging it and there are some potential pitfalls. There are also potential taxation implications – both capital gains and income tax.
Click here to request a call-back from adviser versed in business protection and for a no-obligation, free chat about the role of insurance in managing your business risks.
Shareholder Protection Insurance provides that in the event of the death of a shareholder the remaining shareholders are able to purchase the deceased’s shares. The cross option agreement is a shareholder agreement that provides the mechanisms for ascertaining the value of shares and ensures both that the firm is able to continue with clear arrangements for control whilst the family of the deceased are not forgotten.
There are pros and cons of this form of insurance. There are a number of ways of arranging it and there are some potential pitfalls. There are also potential taxation implications – both capital gains and income tax.
Click here to request a call-back from adviser versed in business protection and for a no-obligation, free chat about the role of insurance in managing your business risks.
Contact
For more INFORMATION on financial protection, call now on
Technology Business Centre,
2 Alexandra Gate,
Ffordd Pengam,
Cardiff,
CF24 2SA
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