MENU Personal Protection Home / Individuals / Personal Protection Is your family protected? As well as being well loved by your family you are also extremely financially valuable to them. How would they manage if you were no longer around earning income or looking after the children and running the household? We don’t give a second thought to insuring our homes, personal possessions, pets and cars but have we got our own lives properly insured, should the unthinkable happen? Personal protection insurance will ensure you and your family are always fully covered in the most challenging of times. Life Cover If you have dependents, firstly make sure that your debts such as mortgages and longer-term loans are covered by suitable life assurance so that if anything happens to you, your loved ones will not have the immediate pressure of having to manage loan payments. Secondly, consider what capital or income they would need to continue to meet all their living costs and take advice as to how best to ensure your life to provide this if you were to die. If you’re beginning to plan for your loved one’s future, it may be time to learn more about inheritance tax. Critical Illness Cover As the name suggests, if you were to suffer a life-changing illness or accident and you were unable to work for a long time or even ever again, critical illness cover could provide you with a lump sum to spend as you wish, which may include clearing your mortgage or debts, paying for private medical care, adapting your property or taking time off work to recuperate or spend with loved ones. Income protection An income protection plan can pay you a tax-free income if you are unable to work due to illness or injury, from the date your claim qualifies until the end of the policy, usually set to your anticipated retirement age. Repaying your debts may be the first stage to consider but you will also need to think about how you can continue to meet your ongoing living costs and maintain your standard of living, for you and/ or your family. Can you afford not to protect yourself and your loved ones? Protection comes at a cost but so does not having protection. As independent financial planners we examine all your options, tailor a plan to suit your circumstances and then source quality personal protection insurance products from the whole market. We identify products that will meet your needs whilst keeping a close eye on your own personal budget. Where compromises have to be made, we will prioritise those areas that are most critical and will build you the best plan available within your budget. You can use lifetime financial forecasting to better understand your current financial trajectory. Book Consultation To book your initial consultation (no cost or obligation), please fill in the form below with your details and one of our financial planning experts will be in touch. “Aimee strikes the right balance so that I never feel I am being given ‘the hard sell’ with her advice but that she is working in my best interests. It is because of her that I have conﬁdence in Francis Clark and am happy to continue our professional relationship.” Jane Taylor, Dorset Related Services Alongside our expert advice on Personal Protection, we also offer a range of other financial planning services. Please see a few of these listed below: INHERITENCE TAX INVESTMENT PLANNING LATER LIFE PLANNING LIFETIME FINANCIAL FORECASTING PENSIONS & DIVORCE PERSONAL PROTECTION PERSONAL TAX RETIREMENT PLANNING 0800 832 1785 Privacy Policy Legal Disclaimer Cookie Policy Gender Pay, Diversity and Inclusion Modern Slavery and Human Trafficking Policy Covid-19 – Office Procedures and Practices Office Bristol Exeter Plymouth Poole Salisbury Taunton Torquay Truro About Us Meet Our Team Book Consultation View Insights Contact Us Portal Logins Our Client Portal Standard Life Wrap Parmenion Seven IM Francis Clark Financial Planning is the trading name of Francis Clark Financial Planning Ltd. Registered Office: Sigma House, Oak View Close, Edginswell Park, Torquay TQ2 7FF registered in England No. 05413603. Francis Clark Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority (FCA) No. 433591. Tax and estate planning are not regulated by the FCA. The value of investments can fall as well as rise. You may not get back what you invest. © Copyright 2021 - Francis Clark Financial Planning Ltd