Families need to ensure their income is protected. Families need to ensure that their children’s future is secure in the event of the demise of one or both parents.
Protection should not be an afterthought. Ensuring the family can cope with the unexpected is probably the most important part of any financial planning.
A mortgage may be the largest liability a person will have in their lifetime. Protecting this is vitally important to ensure that their loved ones keep the home they love.
Mortgage cover is designed to help pay the outstanding repayment mortgage liability in the event of death or suffering a critical illness.
Hopefully, ahead of all of us lies a long, healthy, and financially secure retirement. However, that will not come about unless you begin making plans at an earlier stage of your life.
Too few people realise how important it is to plan for their retirement. Protecting your pension is essential to ensure that the ones you leave behind are financially secured for their future.
Why are we encouraged to save money? From childhood most of us are told to put away money to save for the future - perhaps for something special? Or perhaps to ensure that when we really need something, we have the funds to acquire it, without taking on debt.
Whether you place your money in a piggy bank or in a multinational investment house, our aims are broadly the same: to provide for our future needs, and to protect ourselves against unexpected expenditure.
Our aim is to guide you through the available options and recommend a tailored investment solution that meets your objectives, attitude to risk and capacity for loss.
Regardless if you have children or other dependants - if illness would mean you couldn’t pay the bills, income protection insurance should be considered. You are more likely to require this type of cover if you’re self-employed or employed and do not have sick pay to reply on.
An Income Protection Plan will provide an income (selected on application) should you not be able to work for a long period of time due to accident or illness.
This type of cover will pay a regular benefit, which will replace part of your income until you are able to return to work.
A Private Medical Insurance policy will provide you with the option of private medical care as an alternative or in addition to the care provided through the Gibraltar Health Authority (GHA). Rather than waiting for GHA treatments, Private Medical Insurance (PMI) allows you to bypass the waiting times for treatment of curable, short-term medical conditions.
