Protection Planning
Why is Protection Planning Important?
Making sure that you are properly protected is one of the most important steps of Financial Planning.
You know that you need to have car insurance in case you have an accident while driving. Having the right information at the right time is crucial when deciding how best to protect your family, income and assets.
Protecting Your Business and Loved Ones
- But what about insurances for other life events that can happen
- What Happens if You Become Seriously Ill?
- What happens if you become seriously ill and are unable to work?
- If you’re prepared, you will have some emergency funds.
- What happens when those funds run out?
- What happens if you die? Are your loved ones and children adequately protected?
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What about your business? Could it survive your absence through death or ill-health?
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What about another key staff members? A proper service can help you assess these risks and make informed decisions.
The Importance of Having the Right Insurance Cover
Protection planning is all about making sure that should the worst things happen, that you don’t need to worry about where the money to pay for your commitments is coming from.
It allows you to have financial peace of mind and security, and it supports other financial services such as investments, pensions, and business continuity.
Planning for the risks.
In the UK many people underestimate the likelihood of becoming ill and overestimate how much help the government provides.
You need to ask yourself, are you truly protected? We can help you prepare for the unexpected events in life.
We also provide practical solutions that help mitigate financial risk and manage your long-term obligations.
Supporting Clients Across the Region
Based in Oundle, Peterborough, we advise clients throughout Bedford, Buckingham, Cambridge, Leicester, Lincoln, Northampton, Oxford, Rutland and Warwick. Whether you're reviewing your personal cover or considering business protection, we understand the specific risks faced by rural families and farming businesses across the region.
Our advice is straightforward, practical, and focused on what matters most to you.
Why should you talk to Accession FP for Your Protection Planning?
Protection planning covers a range of products and services and becomes even more complicated if you own a business.
On your behalf, we consult with numerous providers to make a plan that considers what you need from both a personal, and where appropriate a business position.
We help you find clarity in the detail, and guide you through the relevant legal and financial responsibilities.
Planning for the Unexpected: Personal and Business Protection
We help ensure that you, your business and your loved ones have the right insurances in place, just in case the worst does ever happen.
Our advice includes information around specific claims processes and how to reduce delays when they are most needed.
Types of Protection Coverage We Offer
- Life Cover (including Term Assurance and Whole of Life)
- Critical Illness
- Income Protection
- Employee Benefits
- Private Medical Insurance
- Partnership Protection
- Shareholder Protection
- Key Person Insurance
- Relevant Life Plans
- Insurance for Inheritance Tax purposes
Each option comes with its own level of risk, cost, and legal implications. We’ll help you search the market to find the most suitable cover based on your needs.
How much cover do I need?
That is a good question. To work out how much cover you need is not always straight forward. If the worst happens, you might want to ensure that you can:
- Maintain your current lifestyle
- Cover your mortgage payments
- Look after your children’s needs
- Pay for school and university fees
- Have your business continue for future generations
We can help you assess the risks, as well as advise on the level of cover that you may require. It’s often a contractual requirement in business.
Tailoring Your Protection Plan to Your Needs
Having the correct insurances in place provides you and your family with real peace of mind.
Contact Us for Professional Protection Planning Advice
So, if you need advice about your Protection Planning requirements, then please complete our contact form or book a call with one of our advisers on 01832 279170.
You can also search the FCA register to find a regulated professional. We’re here to provide the trusted information and services you need to plan confidently and stay
protected.