Protection is the foundation of any well thought out financial plan. However, not everyone sees this need as a priority, leaving families vulnerable should something happen to the main income earner.
There is a clear need for a family to be covered against the potential for unforeseen events that could reduce or even eliminate the family’s ability to maintain its established lifestyle.
Broom Consultants Ltd can help to ensure that you and your family are covered for any scenario and put the proper legal structure in place to ensure policy payments are directed to you or your beneficiaries in the most efficient way.
Broom Consultants Ltd provides advice on a range of protection plans, including mortgage protection, life assurance, income protection, and critical illness cover.
As Independent Financial Advisers, we guide our clients through the whole protection market and source the best value plans available to meet their requirements.
Our advisers will discuss your specific needs, but you can find an overview of some of the most popular protection types below.
Critical illness insurance is a long-term insurance policy which pays a one off lump sum or income in the event of being diagnosed with a qualifying critical illness during the term of the policy.
Income protection insurance is a long-term permanent health insurance policy which can support you if you can’t work through illness or injury. The level of support required will depend on your savings, benefits provided by your employer and your commitments.
Income Protection is available for both the employed and self employed.
Life assurance could help to support your family or partner if you die during the policy term by paying out a lump sum or income. Cover can be taken out on a single or joint life basis providing protection for your children.
Mortgage life insurance pays out a cash sum to help pay off the mortgage if you pass away during the policy term giving the reassurance that your dependants will be able to cope financially if you or your partner were to die.
Private medical insurance can help you get back to work and on your feet faster by giving you speedy access to private hospitals, specialists and clinicians. Broom Consultants works with specialist provider Health Protect Ltd. to cover our clients needs.