
On the 3rd May 2007 the Welfare Reform Act was given Royal Assent. One of the main areas of change in the Welfare Reform Act is the overhaul of Incapacity Benefits. The aim of the act is not to just help and support long-term absentees back into work but also to stamp out the perception of benefits as an alternative to working for a living.
Life is full of risk. There is the risk of unemployment, illness, injury or death. Fortunately the financial hardships can be managed through protection insurance giving you the peace of mind of knowing that no matter what happens you will at least be able to cope financially during a difficult time.
Protection planning is of paramount importance in any Wealth Management plan. From providing for dependents in the event of death, meeting the cost of medical expenses or arranging an income in the event of incapacity, there are a vast range of options available. Working with you our consultants will evaluate the financial impact of death or injury to you and your dependents and will help devise a plan to cope in the event of such a misfortune.
Our consultants can offer advice on a range of products including Life Assurance, Income Replacement and Private Medical Insurance.