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The UK’s £2.4 trillion Protection Gap

There is currently an estimated ‘protection gap’ in the UK of £2.4 trillion, with Income protection accounting for £200 billion per annum. There are a number of reasons for this gap; it is often the perception that life insurance is expensive, lack of awareness and ‘it wo...

The UK’s most claimed upon condition – Heart Attack

In the upcoming weeks, our articles will be looking at and talking about various critical illness conditions, the causes and how to reduce the chances of diagnosis. This week we will be talking about heart attacks.We all like to relax after a hard week at work and maybe enjoy...

Three quarters of the population don’t have Life Cover

According to research, almost three quarters of the UK population and 41% of business owners do not have any form of life insurance policy. The findings indicate a high risk that millions of British citizens could face financial hardship and difficulties as a result of not having...

Q&A: Relevant Critical Illness & Life Policies

In this week’s article, we’d like to share some commonly asked questions relating to Relevant Critical Illness & Life Policies from our contractor clients;Q. Can I take this cover with me if I stop Contracting? A. Yes, if you decide to hang up your contractor hat, th...

Critical Illness Cover Don’t Leave It Too Late

In this week’s article, we want to expand on a response received after our last posting and to highlight the need for critical illness cover. Unfortunately, 1 in 2 of us will be diagnosed with a critical illness during our lifetime, if you don’t have critical illness cover in...

The impact of being diagnosed with a critical illness

In this week’s article, we’ll be looking at the impact of being diagnosed with a critical illness

John, a 40 year old IT Contractor, was recently diagnosed with an aggressive type of prostate cancer.  It was only found by chance after attendi...

Personal Cover vs. Contractor Relevant Life & Critical Illness Cover

Contractors who operate through a Limited Company can save up to 49% simply by putting the premiums for their Life & Critical Illness cover through their Limited Company.In essence, there is no difference between the two types of policies, they both pay out on death or ea...

Lifetime Pension Allowance

Q. Will your life cover fall within your LIFETIME PENSION ALLOWANCE and be taxed at 55%?

A. Traditionally, having life cover which can be put through as a business expense meant taking up a ‘Group Life Cover Policy’, the biggest downside of wh...

Critical Illness – The Statistics

A recent study has revealed that 1 in 2 people born after 1960 will be diagnosed with some form of cancer during their lifetime.

In this week’s article we will be talking about the single biggest disease likely to affect at least 50% of us, th...

Life & Critical Illness Cover Inheritance Tax

In a recent survey, we found that as many as 6 out of 10 life & critical illness polices were not protected against the possible inheritance tax charge (written in trust), which would mean 40% of the payout above the threshold would be paid in tax.This is particularly c...

Critical Illness Insurance

GREAT NEWS! There's now a one in two chance of you winning the lottery before you retire.Getting excited? – Think it's just a matter of time before you win? Think again, it’s not going to happen – but it got you thinking!Now think of the same odds but this time ab...

Allowable Business Expense

More and more Limited Company Contractors are now becoming aware that they can pay for their personal Life & Critical Illness Cover through the business.Contractors are replacing their personal life insurance policies with a new product called ‘Relevant Life with Crit...

9 out of 10 Contractors are unaware of this Allowable Business Expense

Contractor Relevant LifeDid you know that Limited Company Contr...