Financial peace of mind
Life insurance provides peace of mind, promising to pay off certain financial liabilities and to take care of family and business when a person dies. We can provide life insurance advice to discuss your requirements and the range of cover on offer.
The insurance market is vast. Choosing the right policy, or suite of policies, takes time and knowledge. It’s knowing which type of life insurance will give those close to you the level of security you want them to have – term insurance which only pays out if you die during the policy term, or whole-of-life insurance which pays whenever you die. It’s also knowing whether to insure just your life, or the life of your spouse or partner too.
Life Insurance Advice
At Nelsons our specialist Investment Management team will advise you on life insurance strategy and the products available, whether you are looking for insurance to:
- Pay off a mortgage or other loan if you die
- Protect your family against your premature death if they are reliant on your earnings
- Pay inheritance tax
- Protect a business against the loss of its owner or key person.
You may have other requirements, and our team will advise you on the full range of cover available, including critical illness and income protection. We’ll quickly get to grips with your personal circumstances, your concerns and your financial situation and put in place the protections you need.
Working alongside our wills and probate lawyers, our Investment Management specialists will make sure that all loose ends are tied up, starting with your will. Without one, there can be uncertainty about what should happen to your money, and there can be inheritance tax disadvantages.
We’ll make sure that your will properly reflects the arrangements you have put in place, perhaps by writing your life insurance in trust to ensure that the money goes to the right people.
At Nelsons we see the full picture and we have the expertise to help you plan for the future.