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Insurance Protection Plans
Types of Protection Plans include:

Life Assurance
Although most people do have a minimal level of cover, have you considered what quality of life your family would have if they had to rely on your existing death benefits? Our consultants can identify the most appropriate life cover policy for you and your family to ensure they receive adequate protection in the event of your death.

Decreasing Mortgage Cover Plan
This plan is specifically designed to protect mortgage liability. We can tailor cover to protect you and your family against the effects of serious illness or long-term incapacity, allowing you to maintain your financial security and remain in your own home. If you are looking to increase you and your family’s protection, please contact us and speak with a Homebuyers Mortgage & Property Centre consultant. We can advise and recommend the most cost effective solution to suit your particular needs.

Critical Illness Cover
Critical Illness Cover provides a cash sum if you suffer from any of a wide range of the most serious illnesses such as heart disease or cancer. We can arrange a protection plan that helps meet the additional financial demands placed upon a family in the event of such an illness.

Income Protection
What would be the consequence of an accident or illness that prevents you from continuing to work? We have many clients who are now receiving an income, as we were able to advise them in time.

Business protection/cover
This deals with protecting your business from the adverse financial effects of the death of a key person, partner or shareholder. Business protection can be especially important to smaller companies whose reliance on key individuals for profit may be greater than large corporates. There are two main types of business assurance, key man and partnership assurance/director share purchase.

Key Man
Is used to inject a lump sum of cash into the business in the event of the loss of a 'key person'. A key person may be a top salesman, or a key designer in a design company etc, someone whose death would have a direct and adverse effect on the company’s income. The usual solution is a term assurance policy whose sum assured should be worked out with your financial adviser.

Partnership/Director Share Purchase
Deals with protecting the families and co-owners in the event of the death of one of the partners/directors. Each party agrees before hand the value of his or her share and a combination of term assurance policies and legal documents are put in place to ensure that in the event of a partner or shareholders death, the remaining co-owners have a sum in place to buy out the family of the deceased for a fair sum.