Life Assurance

The main purpose of any insurance is to provide protection against the loss of its value. To indemnify loss and have an insurable interest are still important principles associated with insurance

Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you.

These people could include family or business partners. Businesses have often different concerns and these are highlighted below.

The type of Life Assurance and the amount of cover will depend on an individual’s particular circumstances and requirements. There are two principle types of life assurance policy in existence which are used for protection.  Whole of life and Term policies are the main types of protection.

Business Insurance

All businesses are exposed to risks in their day-to-day operations. We can discuss the risks and ensure you are advised correctly on the possible actions you may need to consider taking to reduce the risks associated with business.

Businesses sometimes insure tangible assets like car fleets, machinery and buildings, in the same way as homeowners insure their houses and contents such as white good appliances and electronics. There are numerous types of business insurance for small businesses to consider, some of which are compulsory and others that are advisable.

Ashley IFA can advise and help you with:

Key-man Assurance, Share Protection Assurance, Business Assurance, Income Protection for Employees and Directors. Business Agreements and Trusts

Critical Illness, Loan Protection and the use of Trusts to help manage the process. You should seek legal advice when considering the use of any trust.

Risk Warnings relating to Protection Plans

Critical illness – The policy may not cover all definitions of a critical illness. For definitions of illnesses covered please refer to the Key Features and Policy Documents.

Life cover (non-investment), Income Protection and PMI – The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Trusts are not regulated by the Financial Conduct Authority