Financial Protection Matters
Why protecting your income and family is essential for UK households facing the reality of illness and financial uncertainty.
An overview of why UK families need financial protection: the reality that 1 in 2 people are affected by cancer, most people have less than 3 months' savings, and statutory sick pay only covers £116/week. We discuss the protection gap in the UK and how life insurance, critical illness, and income protection work together to provide complete coverage.
Life insurance pays a lump sum to your beneficiaries if you die during the policy term. For families with mortgages, this ensures the home can be kept; for families with children, it replaces lost income and maintains their standard of living.
The payout amount should typically cover your mortgage balance plus 10 to 20 times your annual salary to replace income for surviving family members.
Related Videos
Verified Client Reviews
Independently authenticated via Reviews.io. Only real clients can leave feedback.
Loading verified client reviews...
Your home may be repossessed if you do not keep up repayments on your mortgage.