One of the most crucial areas of financial planning is ensuring that if you, a family member or a key person in your business, were to suffer a serious illness or accidentally injure themselves, your lives or business could carry on with financial stability.
Health is very important to all of us and whilst we are still fit it is very easy to obtain a whole range of health and medical insurances but very few of us do.
A general view is that ill-health is nothing to do with us and that it will never happen to us. Unfortunately the statistics tell another story and that more than half of us will suffer a period of long term illness during our lifetime and 1 in 4 men and 1 in 3 women will contract a serious illness before they are 70.
If the worst were to happen, having some form of insurance that would pay you an income or provide a lump sum to clear a mortgage or pay for medical bills so that you could receive private care would be invaluable.
There is a wide range of these types of covers and insurances available on the market and we at Financial Options can tailor a package of benefits for you and your family or even your company. Please feel free to contact Paul on 01624 612611 or by email [email protected] for more information and assistance.