Protecting your Family

This can include life assurance to protect your family if you – or another breadwinner – should die. You may wish to ensure that there is enough money to pay off any mortgage and other loans, as well as to provide an income to see the family through until they are financially independent, should you no longer be there. Many people will recommend that you should insure your life for at least twenty times your annual income.

However death is not the only financial challenge your family might face. Long term illness or injury can prevent you from earning an income – and result in higher living expenses. Permanent health insurance and critical illness cover are just some of the arrangements that can be put in place to protect you and your family.

What’s more, in many families, one or other partner will work part time or not be in paid employment at all. If he or she were to die, or become ill, the family may need an income to employ someone to do all the thousands of tasks that the home carer does every week.

Build Your Wealth can help you establish just how much cover you should have – and what form it should take – and then make all the arrangements for you, leaving you to get on with your life.

Please contact us to discuss your requirements.

Insuring Your Belongings

We all know that accidents can happen; and there is also the threat of theft and simply losing property while away from home. Insuring your home and its contents can be a chore, but we can take the stress out of it for you by arranging the necessary cover. We can ensure that you are protected against fire, theft and even accidental damage to property in your home or beyond.

You may need to consider full Public Liability insurance in case you, or any member of your family who permanently lives with you, injures someone else or damages their property while out walking or cycling. We can arrange cover on your valuables, such as jewellery, money and credit cards, as well as cameras and sports equipment, taken outside the home, subject to terms and conditions.

We can even arrange legal expenses insurance, in case you are sued by a neighbour, or find yourself in the position of having to sue them.

Build Your Wealth does not advise in this area but have developed contacts with a leading independent insurance provider, in order to take the effort out of arranging home, or other types of insurance for you. For further information, please contact us.