It is important to remember that protection is not just about buying life assurance policies, but the planning and action you undertake to ensure that your finances are dealt with appropriately in the event of your ill health. We aim to help you understand the various methods of mitigating the detrimental affects certain events will have on your immediate wealth and future financial wellbeing.
Many individuals put off or never even think about the financial impact of death and ill health, but the need for protection should never be underestimated:-
According to the Stroke Association, around 10,000 people each year suffer from a stroke before their normal retirement age.
Government statistics show that one in three people in the UK develop cancer. Over 25% of cancer sufferers during 2007 were under the age of 60.
According to The Poverty Site, over 2.7 million people were claiming benefits as a result of sickness or disability in 2009, with almost half of those making a claim under the age of 45.