While no one can control how their life plays out, there are ways to mitigate any financial hardship from unanticipated events through protection planning.
A thoroughly thought-out financial plan will identify any areas where an unforeseen event could have a dramatic effect on your family’s finances and its ability to maintain its standard of living.
For example, an accident or long-term illness could mean that your income ceases or dramatically reduces. Similarly, a life threatening illness or even death could cause a substantial shortfall in capital all of which will affect the future financial success of the family unit.
Insurance cover is key and can help bring some peace of mind during times that are likely to be both emotional and sensitive. The number of options available can be intimidating, confusing and time-consuming to analyse when all we want to be doing is getting on with our lives.
One Four Nine Wealth are on hand to help and discuss clearly and concisely the options available to meet your needs, for any ‘what if’ scenario and to determine how you ‘value’ what is dearest to you. Although daunting, our professional financial advice will help complete the picture and put in place a plan to protect you and your loved ones financially for the future.
The Financial Conduct Authority does not regulate on Trust Planning.