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Listed below is a brief description of the policies currently offered on this Website.

Critical Illness Assurance
Critical Illness assurance is an insurance based on an agreed figure, covering the life of an individual who may die due to heart problems or cancer. This may be for a specified length of time or it could be for life. ‘Whole life means that the individual will be covered for his or her entire life; should the individual contract any of the specified items contained within the policy the agreed amount will be paid out once the specified disease or illness is confirmed. It has become more and more popular in the United Kingdom due to lifestyle and diet; with less exercise being taken and more unsuitable foods being consumed the incidence of such illnesses as cancer and heart disease has become more prevalent. The most likely cause of death in males is heart related whilst cancer is the most likely cause of death in women. More and more people are turning to organic foods and increasing exercise in order to prolong their lives and indeed insurance companies distinguish between people who smoke and those that don’t when it comes to calculating the cost of the policy.

Endowment Insurance
To understand endowment insurance one firstly needs to understand that it made up of two separate parts, life insurance and an investment potion. The tradition endowment policy has in recent years not performed as well as predicated and as a result the financial advisors are now recommending that one should invest in ISA's (Unit Trusts) rather than a fixed endowment investment which cannot be changed once the policy is taken out. The endowment policy is made up of two segments: The first segment is the term policy on the life of the insured. The second segment is an investment made monthly that should theoretically be equal or more than the life assured at the end of the term on the term policy. The biggest advantage on the endowment policy was that it was a forced savings and was linked to the term assurance. In reality this forced investment may not provide the best return for the individual for that investment. What it really boils down to is whether or not the individual has the discipline to rather invest in other areas. The danger of this is that this investment maybe withdrawn virtually at any time. Many people still prefer the endowment policy simply because of this.

Income Protection Insurance
Income protection insurance has become more popular recently because of the increase in self-employment in the United Kingdom. Income protection is now considered essential for self employed individuals due to the uncertainty of their income, it is often now referred to as unemployment insurance (to cover the individual in case of his or her being unable to work, so in other words, the lack of income) or redundancy insurance. The amount in percentage terms of the individual’s income that will be covered by the policy will be determined when the policy is taken out; for example, the individual may choose to take out a policy that will cover him or her for a period of 6 months and pay 60% of his or her income, in the event of unemployment or redundancy. All these details will be discussed and decided when the policy is taken out. An amount that the individual requires to be paid in the event of unemployment will be determined prior to the policy being taken out because the income of the self employed individual is not a set amount. Very often the self-employed individual would work alone and be solely responsible for his income, so monthly payments from the insurance policy will start in the event of accident or illness and give him or her the income they need.

Investments
There are many different investments available in the United Kingdom, the difficulty is choosing the right investment to suit perfectly your individual needs. One has to weigh up the risk versus the return. There are many advertisements for all the different types of investment and this can be somewhat confusing and one has to determine the highest gain for the lowest risk. Some investments offer very good returns but each investor will have a certain amount of financial constraint dependant upon his or her individual circumstances. This is where the help of a financial advisor will be beneficial, for with his experience he should be able to determine the best course of action to take to help the investor find the right product without having to take an unnecessarily high risk. Available investments are ISA'S, offshore geared investments etc. USA residents can now invest in the UK provided these investments comply with their strict tax laws. Some individuals may invest in the stock market and may seek assistance from a professional funds manager

ISA's
ISA investments are Individual Savings Accounts. There are a wide variety of ISA investments available, all with many potential tax saving benefits, which is probably the main reason for their attractiveness. They may depend on the stock market or they may be geared to offshore funds. USA residents are now able to invest in ISA'S provided they comply with strict USA tax laws. The individual should have his or her financial makeup needs assessed and analysed in order to be able to take best advantage of these investment opportunities. This is where the expertise of the financial adviser will help, he can put together a plan taking into account all the investor’s individual requirements using his experience to try to obtain the maximum returns for the investor.

Life Insurance
Whole life assurance is best explained as whole life. Many people are confused as to what the difference between assurance and insurance means. Basically insurance is to protect someone over a specific period of time for an amount whereas assurance is to protect that person for the rest of their lives. Therefore whole life policies are assurance since the "insurance is for the rest of one's life. Confusing that the major Life companies call themselves "ASSURANCE" when the majority of the products that they provide are in actual fact insurance, since it is only for a specified period and not for the entire individual's life.

Term Assurance
Life term insurance, or life insurance, is insurance on the life of the individual. It is sometimes referred to as a ‘whole life’ policy, which simply means it lasts for the entire life of the individual. A lot of different policies include life assurance. The ‘life term’ policy is an insurance on the individual’s life but with a limit of 10, 15 or 20 years etc. This would be determined at the time the policy is arranged and the premiums would depend on the age of the individual and the length required for the policy to run. The premiums would normally increase with the age of the individual, and other factors that may influence the amount of the premium might be health; if, for instance, the person smokes, this would be taken in to account by the insurer when calculating premiums. All insurance companies will offer life term insurance, as it is one of the most common types of insurance. This of course means that it is highly competitive.

Mortgage Protection
Mortgage protection or mortgage payment protection insurance is associated with the purchasing of a home, property or an individual loan. The lenders need the insurance to insure that the debt is paid off should something happen to the lender. The policy is normally calculated in exact accordance with the length of time that the mortgage or loan runs. The payment or benefit of the policy normally reduces in line with the amount that is outstanding on the loan or mortgage at that point in time. So if in the last year of the term of such an insurance, the outstanding amount on the loan is only 10% of the original amount borrowed, this is the amount that the policy pays out should the life insured passes away.

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Term Assurance

Mortgage Protection

Life Insurance

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