sm124 - Flipbook - Page 10
PROTECTION
Why
protection
matters
Do you have a safety net for you and your loved
ones in case the unforeseen happens?
Most people prefer not to consider unexpected misfortune when thinking
about the future. However, being prepared for life’s uncertainties is essential to
protect your family’s way of life. Financial security provides a safety net for your
loved ones if you face illness, injury or an untimely death. But understanding the
right cover to meet your needs can be complicated and daunting.
W
ithout a plan, the 昀椀nancial
even in the worst-case scenario. Beyond this,
many to consider private medical insurance (PMI).
impact on your family could
think about the extras your family enjoys. From
Figures from the Association of British Insurers
be considerable if a steady
holidays and social outings to memberships
(ABI) reveal a record 6.2 million people now have
income stream is interrupted.
and events, these lifestyle elements can also be
access to prompt diagnoses and quality treatment
protected with the right plans.
for acute health conditions through insurers.
This is especially true for those who are self-
Once your essentials are taken care of, you
PMI provides access to private healthcare
protection often no longer applies. To safeguard
can begin exploring personalised plans for debt
facilities and specialists, which can signi昀椀cantly
your family’s lifestyle, preparation and the right
repayment, future family priorities or educational
reduce waiting times and speed up treatments.
昀椀nancial solutions are essential.
goals. The approaches vary depending on
Beyond healthcare, it o昀昀ers a sense of security
employed or retired, as employer-provided
individual circumstances, but the constant is the
and ensures that health concerns do not
peace of mind that 昀椀nancial protection provides.
jeopardise your family’s 昀椀nancial wellbeing.
Consider your family’s daily living costs,
EXPLORE HEALTHCARE WITH PRIVATE
ADDRESSING MAJOR MEDICAL CHALLENGES
including mortgage payments, council tax,
MEDICAL INSURANCE COVER
WITH CRITICAL ILLNESS COVER
utilities and groceries. Ensuring these essentials
Health issues can occur unexpectedly, and NHS
Critical illness cover pays a lump sum or regular
are covered guarantees they will be cared for,
waiting times are at an all-time high. This has led
payments upon diagnosis of a speci昀椀ed covered
DETERMINE YOUR ESSENTIALS
BEFORE ANYTHING ELSE
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