Overview
As a responsible advisor, LG Financial encourages all our clients to consider protection planning.
As a responsible advisor, LG Financial encourages all our clients to consider protection planning.
Financial protection comes in many different forms and putting together the right combination of plans for your individual circumstances is a specialist job.
This is why we have a specialist protection department, with expert advisors ready to assist you with your needs. This can be as part of your mortgage review or purely as a stand alone protection review and planning service.
You will receive the same high standards LG Financial is known for and receive a full planning and implementation service.
All our professional Brokers are here to act for you, helping you to choose the most suitable and affordable protection policies and guiding you through the process with ease from start to finish.
What we do
LG Financial believes it is important our clients are financially protected when the unthinkable happens.
We provide independent research and advice on the protection market, giving you all the information you need to make informed choices in the protection market.
We will analyse your current situation and make recommendations that can cover all aspects of your financial security, all within an agreed affordability budget
Once you have chosen your preferred plans, we will apply and implement the cover.
As your life changes, we will change our recommendations and update your cover based the new information you give to us, at no additional cost.
Life Cover
This is a policy that gives your family(or another nominated person) a lump sum should you die. This means that your loved ones can have financial security during a very difficulty time.
We will assess your individual needs to put together a package that is right for you, whether its simply covering your debts, having additional capital or replacing an income for those left behind.
Critical or Serious Illness Cover
This policy pays out a lump sum to you should you become ill with a serious illness. It may be that you are unable to work, or need private medical help, or need significant changes to your home to cope, the payment from this policy will give you the freedom to have choices.
Although, 1 in 2 people born after 1960 in the UK will be diagnosed with some form of cancer during their lifetime, with currently modern medicine 50% survive for at least 10 years. Making this policy very important to protect you and your family in that period.
These policies are very complicated, with each provider offering different levels of cover on different illnesses. We are here to simplify the decision, talk to you about your needs and recommend the most suitable policy for you.
Income Protection
Income Protection can provide you a monthly tax free income if you become ill and are unable to work for a set period.
If you fall ill or have an accident and are unable to work, the sudden loss of income may see you struggling to keep up with bills or depleting your savings rapidly.
Its here income protection kicks in and providers you and your family with financial security
Unemployment Cover
Should you be made redundant, this cover will offer you a short term tax free income.
The cover is designed to keep you in top of household bills and mortgages while you get back on your feet and find your next job.