Personal Protection – covering your family, health and lifestyle
Your wellbeing and the health of your family are your most important assets. You insure your phone and car – so why not yourself?
When was the last time you reviewed your personal protection policies?
Circumstances change but your policies may not reflect them. Let MIAB take a look and see how quotes compare.
MIAB works with market-leading insurers to provide bespoke insurance and expert advice. And even though we specialise in the healthcare sector, we can review anyone’s Personal Protection policies, regardless of job role.
Income Protection
Income Protection gives you a percentage of your income if you’re unable to work due to injury or illness. When you arrange the policy, you will need to consider;
- How much money do you need a month to pay your bills? – You’ll want your monthly benefit to cover this.
- How long you could afford to wait before making a claim? – This is known as your deferred period. The longer this timeframe is, the lower your premium will be.
- What existing conditions do you have? – You’ll need to check whether these would be covered before you buy your policy.
- Do you want cover for your own occupation? – An “any occupation” policy will pay until you’re able to return to any job, not necessarily the one you’re experienced and trained to do.
Our sister company, Lloyd & Whyte Financial Services, are qualified financial planners and can help you make a decision about your financial protection.
Life Insurance
Life insurance provides an agreed lump sum to your loved ones when you die. It is commonly used to pay off an outstanding mortgage and is frequently bought with Critical Illness Cover.
Life Insurance is a cost effective way of providing financial support to those you leave behind. If you’re considering getting a quote you’ll need to know the following;
Our sister company, Lloyd & Whyte Financial Services, are qualified financial planners and can help you make a decision about your financial protection.
Critical Illness Cover
These will vary by policy but typically include 50+ illnesses, plus additional partial payments for less severe/lower grade conditions.
Our sister company, Lloyd & Whyte Financial Services, are qualified financial planners and can help you make a decision about your financial protection.
Private Medical Insurance (PMI)
Depending on the cover, the policy may include tests, hospital accommodation, nursing care, surgery and therapy.
More information and Queries
Contact us to find out how we can add value to your personal protection.
Contact us