Our Tailored Protection Service

Generally, with financial protection one size does not fit all. It is worth noting at the outset that an overwhelming majority of clients are unaware of the existence of different types of life assurance and even the availability of an adviser who can tailor products to meet certain criteria. Surprisingly, most people take out life assurance without ever discussing their situation with an independent adviser! A few moments spent discussing your needs with an adviser could save you time, money and reduce any risk. Our advisers will take the time to get to know your objectives, preferences and personal circumstances. Being independent, we research the entire market, using sophisticated systems, to find the most appropriate protection product for you.

Is cheapest always best?

When advising on protection products it can often be misleading to assume that the cheapest policy is the best. Critical Illness Cover is a good example of where cheaper is not always better. Insurer A may generate a cheaper premium on Critical Illness Cover but may well mean that it doesn't cover as many Critical Illness Conditions and perhaps Insurer B will with a slightly higher premium. Which is more suitable? This is where our advice really counts! Another area to consider is whether we base premiums on reviewable or guaranteed rates? Guaranteed rates provide certainty so you know exactly what you are paying each month into the policy. They maybe more expensive but may also prove to save you money in the long-term. This is because reviewable premiums are reviewed on a regular basis and sometimes increase dramatically with age. Therefore, the most suitable type of premium may depend on your short, medium and long term goals.

For more information on financial protection please complete the following client enquiry form and one of our advisers will call you back to arrange an appointment.

Alternatively you may telephone us on 08454 50 50 60 or email us at info@mcp-financial.co.uk