Protection against life’s ups and downs…
Even with the best laid plans, life can take an unexpected turn.
For this reason, it is vital to ensure that your loved ones are provided for in the event of your death or being off work for a long period due to accident or illness. The financial difficulties that may be encountered from the loss of your income can normally be avoided at little expense.
At Edgewater Associates, we offer advice on a wide range of products designed to protect you, your family and even your business from financial uncertainty. An accident or ill-health may prevent you from working, but we can ensure your finances stay healthy.
PRODUCTS WE OFFER:
Edgewater Associates advises on a comprehensive range of life cover policies to protect your mortgages and other assets. We can assist you in choosing the right level of cover at the most competitive premium.
Sometimes called Permanent Health Insurance, this is designed to protect against the financial difficulties caused if you are unable to work due to illness or accident for a period of months or years. Income Protection pays a monthly income that can be level or inflation-proofed and will pay as long as you are unable to work. The maximum cover that you can select is typically 50-60% of your income and, on the Isle of Man, is paid out tax-free.
Critical illness insurance will pay out a tax-free lump sum on diagnosis of certain specified serious illnesses, including a heart attack, cancer, stroke, brain tumour, major organ transplant and many more. Diagnosis of any serious illness can have severe financial implications for you and your family and, in these circumstances, a lump sum sufficient to pay off the mortgage or fund lifestyle changes can be invaluable.
“Thank you for the very efficient, effective service from all the team at Edgewater Associates.”
David & Jan Maddrell