Insurance

If the worst should ever happen, financial stress for you or your family really is the last thing you need.  At Anstee & Co we will review your personal circumstances and provide independent advice and a solution that is tailored to you.  In our opinion, you should never buy insurance off the shelf, rather get advice and ensure that any insurance, be it Critical Illness, Income Protection, Health or Home Insurance meets your needs.

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There are many factors involved with insurance and the process may seem complex and time-consuming. Our expert independent advisers will support you at every step and do most of the work for you. Simply contact us and we can guide you through the process from start to finish.

Talk to one of our experts
for a free initial review

Call our expert advisers now
01536 483733

It is always a good idea to understand what’s happening, so read on to find out more about what is involved with Insurance and how to help ensure you’ll find a solution that is right for you.

Life Assurance

Life Assurance will provide a lump sum of money in the event of death during the term of the policy.
The cash lump sum can be used by your dependants in any way that they choose.

There are two main ways in which this cover is arranged:

Level Term Assurance

Level Term Assurance policy is where the amount of cover (the sum assured) stays the same throughout the length of the policy. Both the sum assured and the term are set at the start of the policy. Level term assurance is sometimes taken out to repay a mortgage and is most suited to interest-only mortgages, where there is no repayment of the capital.

Decreasing Term Assurance

Decreasing Term Assurance policy pays out a cash lump sum in the event of death. The amount paid out decreases over time. This type of policy is usually taken out with a repayment mortgage. The amount paid out is the same as the amount left on the mortgage. As the amount of life cover reduces over time, the premiums for this decreasing cover are normally cheaper than for level term cover.

Critical Illness

A Critical Illness plan pays out if you are diagnosed with a critical illness that meets the insurance provider’s definition during the term of the policy.

The money can be used any way you wish. It could be used to repay a mortgage, replace lost income or for private medical treatment. It enables you to concentrate on the important things in life rather than worrying about the money.

A Critical Illness policy does not have a surrender value and does not pay out on death.

Income Protection

An Income Protection policy pays out a monthly income to replace some of your salary if you are unable to work as a result of an accident or sickness.

The policy will pay out after an agreed amount of time, which is decided by you at the start of your policy. An Income Protection policy will pay out until either you can return to work, you reach retirement age or at the end of the policy term. An Income Protection policy gives you the peace of mind of a regular income should you fall ill or have an accident and need to take time off work.

An Income Protection policy does not have a cash-in value and does not pay out on death.

Family Income Benefit

Family Income Benefit will pay out a regular, tax-free income until the end of the policy term on death. A Family Income Benefit policy is suitable if you would prefer your dependants to receive a regular income, rather than have to decide what to do with a one off lump sum.

The Family Income Benefit policy can be chosen to fit your family’s circumstances and be inflation-linked to ensure the benefit keeps its spending power. Family Income Benefit is a relatively affordable way of providing for your family.

Private Medical Insurance

Private Medical Insurance pays all or some of your medical bills if you are treated privately. It gives you a choice in the level of care you get and how and when it is provided.

You don’t have to take out private medical insurance but if you don’t want to use the NHS, you might find it hard to pay for private treatment without insurance, especially for serious conditions

 Private Medical Insurance may cover

  • Specialist referrals – Your GP can refer you to an expert or specialist working privately to get a second opinion or specialist treatment.
  • Waiting times reduced – Private Medical Insurance can be used to reduce the time you wait for NHS treatment.
  • Choose your surgeon and hospital – You have a choice of surgeons and hospitals to suit you.
  • Specialist drugs and treatments may be available – Not all drugs and treatments are available on the NHS because they are too expensive or not approved by the National Institute for Health and Clinical Excellence in England and Wales (NICE) or the Scottish Medicines Consortium (SMC).
  • Private room – Private Medical Insurance will usually cover you for a private room.
  • Physiotherapy – You get quicker access to physiotherapy sessions if you have Private Medical Insurance.

Home Insurance

If you own your own home, you’ll need to have buildings cover just in case your home is damaged and needs a repair. It’s usually a condition of your mortgage and, if you’re a landlord, it’s your responsibility not your tenant’s.

There are many factors involved in Home Insurance and the process may seem complex and time-consuming. Our expert independent advisers will support you at every step and do most of the work for you. Simply contact us and we can guide you through the process from start to finish.

Call our expert advisers now
01536 483733

It is always a good idea to understand what’s happening, so read on to find out more about what is involved with insurance and how to help ensure you’ll find a solution that is right for you.

What is Home Insurance?

Home Insurance is a general term used to describe two very different types of insurance:

Buildings Insurance

Buildings Insurance covers the structure of your home such as walls, wallpaper, ceilings and permanent fixtures and fittings like baths, toilets and fitted kitchens. Your insurance will usually cover you for the cost of any emergency, like temporary alternative accommodation should your home be uninhabitable while it is being repaired, such as after a flood. Policies may cover garages, greenhouses and garden sheds.

Contents Insurance

Contents Insurance will cover your possessions – typically everything that you would take with you when you move. This will include furniture, electrical equipment and your personal possessions such as jewellery and other valuables. There will usually be a limit on certain items above a particular value, so check. If any items are above that value, you may need to pay an extra premium to cover them.

You can buy both types of insurance separately or you can get them as a joint policy from one insurance company. Insuring your property and contents is important. Imagine the cost of having to rebuild your home or replace all of your belongings after a flood or fire.

When you speak to Anstee & Co about Home Insurance you will be speaking to a trained Home Insurance adviser who will understand your needs and tailor a policy to suit your personal requirements. Your Home Insurance adviser will make sure your property is covered for the full rebuild value and arranging cover for the contents of your property. This could be including personal items you take away from home such as jewellery, laptops and mobile phones.

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Call our expert advisers now
01536 483733