Life cover
Cover designed to provide money to family or other beneficiaries if the insured person dies.
Protection
Find help protecting income, family and business.
Protection advice is about what happens when plans go wrong: illness, inability to work, death or the loss of someone financially important to a family or business.
Common needs
Protection is not one product.
The right specialist depends on who or what needs protecting and the financial consequences if something goes wrong.
Income protection
Cover aimed at replacing part of income if illness or injury prevents someone from working.
Critical illness
Cover that may pay a lump sum following diagnosis of specified serious conditions, subject to policy terms.
Business protection
Planning around key people, shareholders or owners where illness or death could affect the business.
Questions to ask
Understand the advice and the payment model.
Which providers can you consider?
Understand whether the specialist can compare a broad range or is restricted.
How are you paid?
Protection advice can involve commission from insurers, direct fees or different arrangements depending on the service.
How do you deal with medical history?
Underwriting experience can matter if a case is less straightforward.
When should the cover be reviewed?
Life, income and business circumstances can change materially over time.
Compare before you commit
Check scope, service and how the adviser is paid.
Protection is one of the areas where the payment model may differ from investment or pension advice, so fee/source transparency matters.