Having personal protection in place is incredibly important. What if the unthinkable were to happen to you? If you were off work for a long period of time because of an accident or critical illness would you be able to cope financially? And if the worst were to happen, how would your loved ones manage without you?
A staggering 43 per cent of households with a mortgage have no life insurance in place and an estimated eight million renting households could be without life cover, according to Aviva. Many believe that the unthinkable simply won’t happen to them.
Life insurance, critical illness cover and income protection all fall under the umbrella term of ‘personal protection’. These are much more than just policies that pay out financial support at the point of claim. There are many benefits that can add real value to you making protection even more worthwhile.
The added benefits you receive with your policy can vary depending who your provider is. This is why seeking professional advice can be invaluable – we will be able to help you find a policy that suits your individual needs.
Below is a brief overview of some of the main benefits that can now be included with these policies.
What are some of the additional benefits that personal protection can provide?
In a time where getting an appointment with your GP appears to be harder than ever, it may come as a surprise to you that some policies come with access to remote GPs. You can speak with a doctor by video or phone consultation, and this service is often extended to your children.
Similarly, some policies give you access to physiotherapists who could provide you with a bespoke treatment plan.
Many providers now offer access to professional counselling services with their policies. This can range from bereavement counselling to counselling for anxiety, depression or addiction, and much more.
Some of these benefits are included as standard with many providers which really highlights how beneficial protection policies can be, on top of providing financial support and peace of mind in case the worst were to happen.
If you’d like to discuss the additional benefits of protection or simply want to consider your protection needs, contact us today.
Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against loss of income.