AT NPFS Advisors our financial advisors offer a wide variety of life insurance policies and financial safeguards tailored to suit diverse lifestyles and circumstances.
Advance planning is required to ensure that people protect what is their most important asset. Our team will review your individual and family circumstances and provide a detailed protection report for you.
Detailed below is a summary of the different types of cover available. This is not an exhaustive list, and different structures can be put in place depending on your individual employment circumstances.
NPFS Advisors will review all providers in the market ensuring you get the best and most competitive quote available on the market.
We specialise in the following areas:
Mortgage Protection
Mortgage protection insurance pays off your mortgage if you, or another policy holder dies during the term of the mortgage. It can be set up on a joint or dual life basis.
Term Insurance
Term life insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years. If the insured dies during the time period specified and the policy is active, or “in force,” then a death benefit will be paid tax free.
Specified Illness Cover
Specified Illness Cover also known as Critical Illness cover or specified illness cover is a type of insurance that will pay out a lump sum if you are diagnosed with illnesses covered by the policy. It can be an add on to a term insurance of mortgage protection policy but can also be taken out as a stand-alone policy. In the event of being diagnosed with one of the illnesses specified in the policy a lump sum is payable to the insured tax free.
Income Protection
Income Protection Insurance is a policy that will pay you a replacement income in the event of you being unable to work due to ANY illness Any Injury or Any accident. Premiums can qualify for tax relief, but the benefit payable is taxable in the same way salary is. Cover can be provided for up to 75% of your income.
