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Life Assurance

LIFE ASSURANCE

Life assurance is generally needed by people that contribute towards household costs including a mortgage and that also have dependents: children, a spouse, or a partner. Life assurance policies ensure that beneficiaries continue to receive income in the event of the policy-holder’s death. Policies can pay out monthly, or beneficiaries can receive a lump sum. The amount of cover that beneficiaries receive depends on the type and level of cover that is bought. There are two types of life assurance policies: whole-of-life (money is paid out when the policy-holder dies), and term life assurance (the policy lasts for a fixed period of time only such as five, ten or 20 years). If you are concerned about what will happen to your family’s finances after you die, speak to one of our protection insurance experts.  

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How we consult with you

Life assurance begins and ends with you. We will ask you about your future plans, and your cash flow requirements. We will consider your current financial arrangements; salaries, existing pensions, assets, savings and investments. We will ask you about your financial goals, and how you want to live now; and in your retirement. We will combine both analyses and create a long-term financial plan for you that assesses how much cover you would need to maintain your lifestyle. The new life assurance policy will outline in plain English, what your beneficiaries would receive should you die.

We will then put in place a structured review process once you have started your policy. This involves regular updates to check that your policy is still taking you in the right direction and that your life-stage needs have not changed. We will automatically update your policy allowing for any major life changes such as: marriage, divorce, the birth of a grandchild, or a change of income.

We keep you informed and respond immediately to any questions that you may have about your policies, or the wider economic environment. We will make sure that we catch the life events that can change financial circumstances. At all times we will tailor the service that we provide to your personal requirements. Ours is a personal service. We are always on the end of a phone and will respond speedily to emails. Ultimately; we want to put you at the helm of your financial plan, safe in the knowledge that we are keeping things ship-shape for you.

Miss Douglas, Chichester

If you are looking for access to the whole marketplace, attention to detail, confidentiality and a professional and personal approach, then I have no hesitation in recommending Hamish and other members of his team as your one-stop financial support team.

How we charge

We want to develop a clear understanding of financial aspirations so that we can build a plan that suits your exact requirements. Our approach for each client is bespoke. We are independent-minded and clear thinking. We encourage an open dialogue with all of our clients. We consider the broadest possible range of financial planning options to meet your needs and also to adapt to changing market conditions. At the start of the consultation process we will provide a breakdown of costs that relate to the financial planning advice and services that we provide.

We charge variable fees for the advice and services that we provide. We offer alternative ways to pay; on presentation of an invoice, or monthly. We will talk you through our charges prior to giving any advice, or services that could incur a cost.

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