If we look at the risks to families there are many around home. What with Mortgage or rent, monies to support children, educational needs, costs in the event of illness the costs for funeral and more.

Many family look at x1 big chunk of insurance which is great but for many this is more expensive, could be said inaccurate for the bigger picture and whom wants to keep paying for huge chunks of insurance long into their retirement?

If however we split the families need in to specific chunks like

Funeral protection (& Inheritance Tax proofing)

Mortgage protection

Lifestyle monies or nest egg

Illness protection and or income protection

and more!

The protections can be built for what we actually need like funeral cover wants to be whole of life “not to a specific age or term” (Term insurance will stop at a max of 90 or before – if we out life the protection the family still have the same financial concerns!)

Moreover by splitting the protection into its relevant chunks or needs if your world changes we can change that element not all the protection – thus saving money not reapplying for all the protection. 

If we are able to; we can layer these protections and claim volume discount for the protections however not all providers do this.

Golden Rock Solutions can build this advice for you and your family so the protection always works for your needs. We can demonstrate inheritance tax proofing and how to claim volume discounts. For more information please get in touch