Family dressed in neutral colours on a sofa

Personal and family protection

Protection insurance could help you and your family avoid a financial disaster.

Protection insurance could help you and your family avoid a financial disaster.

Find an adviser

Personal & family protection

Life Insurance

There are two main types of life insurance.

The one most people need is ‘term’ insurance. This pays out if the policyholder dies within a stated period – the ‘term’.

The other type – ‘whole of life’ insurance – pays out on your death, whenever that occurs. This is more of an investment vehicle than a financial protection plan and is typically used for estate planning.

Serious and critical illness insurance

Serious illness and critical illness insurance plans pay out a tax-free lump sum on the diagnosis of a range of serious (but not fatal) conditions.

It often comes as an optional addition to a life insurance policy, but can also be purchased on its own.

Income protection

Income protection policies provide a monthly payment to help replace your income if you are unable to work because of an accident or illness.

Short-term income protection policies will pay out for a fixed amount of time, whereas long-term income protection policies are designed to replace your income for a longer time like until retirement.

Accident protection

Accident protection or accident and injury cover pay a fixed amount of money for specific injuries, depending on the level of cover