Protection Insurance

At My Insurance Guy, we believe there is nothing more important to individuals and companies than to know they are fully protected. The least you deserve is to be able to sleep easy at night!

Whether you’re looking for individual or corporate cover, we pride ourselves in always finding the most apropriate broker for our clients.

Individuals

There are four main categories of individual insurance that the brokers that we recommend can offer:

Income protection

We all have everyday outgoings and living costs, but what if you were to suddenly become ill? Income protection ensures that if you were to become unable to work due to illness, you would still receive a fixed income every month.

The amount you receive is usually worked out as a percentage of your salary, and depending on the policy you select, it can come into effect as soon as one day after your sickness period begins. Lower-cost cover might have a deferred waiting period of up to a year, so it’s worth considering how quickly you would need protection. The brokers that we recommend and introduce you to will be able to answer all of your questions

Life insurance

Naturally, we don’t like to think about how our families would cope if we were to die unexpectedly, so a good life insurance policy delivers the peace of mind that your loved ones would receive help keeping their finances secure.

There are two main types of life insurance available – we can introduce you to the protection insurance brokers that will find you the cover that best suits your needs :

  • Term life insurance provides cover if you were to pass away during the lifespan of the policy
  • Whole-of-life insurance is, as the name suggests, a policy that guarantees support regardless of when you die.

For either of these, your family will be helped with a lump-sum payment in the event of your death.

Critical illness cover

Lives and priorities change if a person is diagnosed with a serious illness like cancer, or if they suffer a stroke or heart attack. In these cases, critical illness cover allows you and your family the freedom to reassess your finances with the help of a lump-sum payment. The brokers that we can introduce you to can assess your needs and the advise you on the most suitable policy available.

Private medical insurance

Often, prevention is better than cure, and that’s what private medical insurance is all about. In the event that you fall ill or show signs of doing so, private medical insurance means you would be fast-tracked to either your GP or a private hospital and specialist of your choice – a real bonus in times when we hear so many stories of people struggling to get a quick appointment. With waiting lists for NHS treatment and operations getting longer with each passing year, it is worth considering the cost vs benefit of private health insurance via the specialist brokers that we can introduce you to.

Corporate

If you own a company, you have not only yourself, but your business and employees to take care of, which is why the specialist brokers that we deal with offer tailored versions of the above for the corporate sector.

These include Directors’ Shareholder Protection and Key Person Insurance, which guarantee support should you or any fundamental members of staff fall ill and become unable to work.

We can also introduce brokers that specialise in Group Life plans  – sometimes known as Death In Service benefits  – which can be a tax-efficient method of providing an attractive benefit for employees on a ‘fixed sum’ or ‘ multiple of salary’ basis

The brokers that we deal with can also help with other matters like Group Dental Insurance and Group Travel, as well as Business Loan Protection, should your firm fall on difficult financial times.

Whatever type of cover you are looking for, get in touch with us by phone or our contact form, and we’d love to have a chat and put your mind at ease by introducing you to an appropriate broker that can deal with your needs