Hello. We use cookies on this website
to help us and our partners improve
your browsing experience. More Info
Manage Cookies Close

A couple being given advice by an experienced financial advisor.

Protection plans are insurance to help you cope during the bad times

We know you don't like to think about it, but life insurance can give you that peace of mind that if the worst happens, you and your family are covered. Life insurance doesn't need to be expensive, in fact, it can be a very cost effective way of safeguarding your income if you become critically ill or you are unable to work for a period of time.

Our advisors provide the most relevant and up to date advice on all types of life insurance policy and will help you find the best and most suitable option for your circumstances.

Even if budgeting is a problem, remember, a protection plan can be written to suit your needs and it is always better to have some insurance than none. Protection plans can vary from simple fixed monthly fees to more detailed whole life policies that incorporate an investment element. Thompson Prior can help guide you through all the different types of protection plan and find the best one to suit your needs.

Different types of protection plans:

  • Life Assurance pays out on death only - This ensures that your loved ones aren't left with the financial burden of your passing
  • Critical Illness pays out if you are diagnosed with any one of a number of given "critical" illnesses - The majority of claims are cancer or heart or stroke related.
  • Income Protection pays out a monthly income if you are unable to work for a given period of time - Can pay until your retirement age.
  • Whole life insurance - A portion of your premium is invested to create financial growth in your fund. These policies can vary and require different planning to implement them properly. Naturally we will help you every step of the way
  • Business protection - comes in a variety of formats including keyman, director protection, inheritance tax planning and general business protection.

We have a wealth of research tools that are updated daily. This gives us the best possible prices on the right protection plan for you.

A document concerning terms of employment.
A summary of claim form with glasses placed on it.

Here is an example of a life insurance policy

1 male / female non-smoker, age 40 for £100,000 over a 25 year term, guaranteed rates, as of 2015. The cost is £11.17 per month

(This is for illustrative purposes only. The actual cost of a policy will depend on your individual circumstances and is subject to underwriting.)

A financial advisor writing on a financial document.

Are you prepared for the unexpected? Our protection plans can help when you most need it. Call Thompson Prior today on 01746 716767