While our first thoughts are of the emotional impact this brings, the financial consequences can also be devastating.

We’ve found that no one wants to give the matter too much thought, but there is something very reassuring about knowing that if the worst were to happen, your family would be financially secure.

Life and income protection insurance cover can provide financial assistance and peace of mind if the unexpected happens.

The trouble is, this reassurance comes at a price.

And the while the decision is more about the stage of life you have reached than simply your age, the longer you put off starting a policy the greater that price is likely to be.

Getting the right cover for your circumstances

But how do you know the type of cover you need and at what level?

If you have dependents whose well-being relies on your income, or debt levels that require ongoing servicing, we would recommend that you consider risk insurance.

Taking into account your individual circumstances, we can advise you on the best mix and level of cover across the main types of risk insurance available:

• Term Life insurance & Life or Death Cover – which pays a lump sum to your dependents if you die
• Total and Permanent Disablement insurance – which provides a lump sum payment if you are permanently unable to work
• Trauma insurance – which provides a lump sum if you suffer or contract a critical condition
• Income Protection – which replaces your income if you are unable to work due to illness or injury.