Insurance

Life Insurance

While we might not want to think about it too much, life insurance is a must when it comes to peace of mind in the event of your or your partner’s death. If you want to financially protect your loved ones when they need it most, this cover provides reassurance that they will be financially cared for during an undoubtedly difficult time. The lump sum that is payable on your passing could be used to support expenses such as rent or mortgage payments, bills or childcare costs. The cost of your premium, alongside the type of cover you’ll receive, depends on the kind of policy you choose. Talking to an experienced advisor at Oscar James Financial will help you find the right policy for you and your family. Aspects like your medical history, lifestyle and age are all factors taken into account regarding your quote, so the younger and healthier you are the lower your quote will be.

Income Protection

Finding yourself unable to work and losing your income due to illness or an accidental injury is an unwelcome prospect. Income protection can provide security for you and your family’s future by replacing part of your income with monthly payments to help with your loss of earnings. There are a selection of beneficial options offered alongside Income Protection insurance. You can defer your payments to start after your sick pay ends and your insurer will continue to pay out until you can resume working. You can also claim as many times as necessary, while your policy is active, and most policies will cover a wide range of illnesses that stop you from working. Speak to one of our advisors for guidance on protecting your income and safeguarding yours and your loved one’s futures when the unexpected happens.

Critical Illness

If you were to find yourself diagnosed with a critical illness and unable to work, financial struggles are the last thing you want to worry about. Critical illness protection is a long-term insurance policy to provide financial relief, either with a lump-sum (tax-free) payment or with monthly payments. The cover can make it easier to cope during a distressing time by helping you protect your rent or mortgage, or perhaps for things like disability alterations required in your home. A wide range of illnesses are covered with this type of insurance, from strokes to heart attacks, MS and cancers. If you were to fall ill with an illness included in your policy, you would receive a payment to support you and free up money worries during a time best spent with your loved ones.

Buildings and Contents

Insurance for your home is crucial - you usually won’t be able to secure a mortgage without cover. Protect yourself from the unexpected by insuring your building for damage or disaster. Your insurance will cover the costs of a rebuild or repair in the event of flood, fire, storm etc. so you can rest easy knowing you’re protected should the worst happen. Contents insurance isn’t usually a condition of a mortgage, but will cover accidental damage or theft to your belongings within your property, such as jewellery, furniture and gadgets, which when added together could become very expensive to replace out of your own pocket! Oscar James Financial can chat with you and explore all your comprehensive cover options. We can look into costs to replace your belongings, what excess you would be able to pay and any extras you’d like for additional cover.