Personal Insurance

Whilst most people would never consider driving a car without motor insurance, less than a third of us insure our most important asset – our ability to earn an income. AT IFP, we believe that one of the most critical components of any comprehensive financial strategy is protecting your personal and financial wellbeing from unforeseen illness, injury, permanent incapacity, traumatic illness or death.

Our experienced team of Financial Advisers will assist you to structure a risk management strategy to determine the most appropriate insurance solutions specific to your individual circumstances.

Our specialist range of insurances solutions include:

• Term Life (or Death) – pays a lump sum benefit if the insured dies during the term of insurance. We will ensure your life cover is structured so that premiums are paid from ‘gross’ rather than ‘net’ of income therefore keeping the cost of this cover to a minimum.
• Total and Permanent Disability – is a pre agreed lump-sum amount if you suffer a long term illness or injury making you totally and permanently unable to work. We will ensure your life cover is structured so that premiums are paid from ‘gross’ rather than ‘net’ of income therefore keeping the cost of this cover to a minimum.
• Trauma (also known as Critical Illness) – pays a lump sum if you suffer from one of the specified health traumas in the insurance policy.
• Income Protection - is a monthly benefit that pays you up to 75% of your income and covers you if you are unable to work for a medical reason. It is paid until you return to work and if necessary until you are 65 (depending on your occupation).

At IFP, we highly recommend that all our clients obtain protection for themselves, in the same way we readily protect and insure our homes and cars, as we have observed the invaluable advantages a responsive and comprehensive insurance strategy can have in difficult and painful times.

More than one in five working age parents will die, become seriously injured, or ill enough to prevent them from working.

*Lifewise/National Centre for Social and Economic Modelling, 2010