Protect what matters most
We can’t predict the future, but we can prepare for it.
Financial protection is about putting the right safeguards in place across your income, health, home, and family-helping to ensure that if the unexpected happens, you and your loved ones can maintain financial stability.
Look out for future you and those you love
We can’t predict what life has in store for us, for better or worse. But we can prepare ourselves. If you become unwell and can’t work, you may not be able to pay your bills and your family could be left in financial difficulty. Knowing you’ve taken out financial protection to take care of things will mean one less worry.
Our advisers can help you create a protection plan
Sandringham Advising Partners offer both one off and ongoing financial advice, with all fees clearly explained and agreed with you upfront before any work proceeds.
Income protection
For eligible employees, Statutory Sick Pay (SSP) is typically paid for up to 28 weeks and may not cover all of your outgoings. If you’re self-employed, however, you’re not eligible for SSP.
That’s where income protection can help.
Depending on your policy terms, income protection can provide a regular income if you’re unable to work due to illness or injury, helping you cover essential costs while you recover. We’ll help you find cover that suits your needs and supports your financial resilience if the unexpected happens.
Life cover
We insure the things that are valuable to us, our cars, homes, holidays… but what about our lives? Life insurance can help your loved ones to pay bills or maintain their living standards when you are no longer here. A term life insurance is paid as a lump sum to beneficiaries if you die within the term of cover and a family income benefit policy pays out a regular fixed monthly amount until the policy’s expiry date. There are many options available and getting financial advice will help you understand the cover you need to protect life as you know it.
Critical illness cover
Critical illness cover pays out a tax-free lump sum should you be diagnosed with a specified serious illness. Typically, these are critical conditions such as some types of cancer, heart attack or stroke. It doesn’t pay out unless you survive for a specified period after meeting the policy definition. We can work with you to understand what expenses you may need to cover if you were to fall critically ill.
Business protection
Knowing your business is protected can give you peace of mind if something unexpected happens. While many businesses have contingency plans, they might not be enough to keep things running smoothly if a key person becomes critically ill or dies. With business protection, you’ll receive some financial support to help cover debts or replace lost income or to provide continuity within the business. You might even want a policy to help as a retention tool by offering enhanced employee benefits. There are different types of cover: Relevant Life, Key Person and Shareholder Protection and it’s important that any policies are tailored to your business’s structure and needs. We’ll help advise you on the right protection to keep your business on track.
