Arranging life assurance cover could be an effective way to ensure your family is taken care of in the event of your death, giving both you and them peace of mind. Life assurance, put simply, is a policy provided by an insurance company that pays your family either a lump sum or a series of smaller sums in the event of your death. There are many factors to consider when choosing a life policy. Please feel free to contact us and we’ll talk you through everything you need to know.

Your mortgage is likely to be one of your household's biggest expenditures and life insurance will help provide a financial safety net for your family if you die. Policies should be designed to pay out a lump sum to allow your family to pay off the mortgage after you're gone. You may also wish to add Critical Illness to the plan so that the mortgage would be paid off if you were diagnosed with a Critical Illness.

There are two types of insurance to consider depending on the type of mortgage you have:

• Level term insurance - This may be suitable if you have an interest-only mortgage as the sum assured remains the same throughout the term of the policy.

• Decreasing term insurance – This may be suitable if you have a repayment mortgage, as the sum assured will reduce broadly in line with what you owe on your mortgage. Monthly premiums remain the same throughout the term of the policy and will be lower than level term premiums.

There are other factors to consider so please contact us and one of our advisers will talk you through it.

You may need to think about how you and your family would cope financially if you suddenly became seriously ill. Critical Illness Cover will pay out a tax-free lump sum if you are diagnosed with an illness such as coronary artery bypass, major heart attack, kidney failure, major organ transplant, multiple sclerosis, stroke and a defined set of specific cancers. Most good policies cover more illnesses, and these vary between insurers so selecting the right policy is important. Speak to one of our Advisers and we'll help find the most suitable cover for you.

Income Protection could pay you a regular (tax-free) income if you're unable to work due to ill health. The income can then be used to help pay for essential outgoings and to provide for your family. You might want to consider unemployment protection too. These types of policies are often overlooked but it could be argued that it is the most important cover to take out. There are many types of policies and one of our advisers would be happy to discuss which ones may be most suitable for you.

Take a look at the inspirational 7 families website below, this is a charity led campaign to provide a tax-free income for one year to seven people who have lost their income because of a serious or long-term illness or disability.

www.7families.co.uk

The average cost of a funeral has increased dramatically over the past decade, and costs are expected to continue to rise.

As a result, you may want to think about how you can pay for your own funeral, so that your family don’t have to worry about how they will foot the bill at what will already be a stressful and emotional time.

There are different products available to help with this so please get in contact with us to discuss it further.

We can arrange affordable but comprehensive wedding insurance which can offer you peace of mind in the run up to the big day by covering a whole host of problems that could occur.

This includes circumstances such as failure of supplies, whether that's a professional photographer or wedding  transport; cancellation due to accident, illness or bereavement; damage caused to the wedding attire; accidental loss or damge of the wedding rings seven days before or during the ceremony; theft of wedding gifts; wedding cake, transport and flower insurance; wedding reception insurance and public liability insurance.

Weddings can be a large financial commitment and protecting yourself financially in the run up to the big day is worthwhile. Planning your wedding should be fun, so why leave anything to chance?

Please get in contact with us to discuss your wedding needs and options further.