Personal Protection
Personal Protection means you do not get stressed about money in your hard times as a personal protector planner (Ask Financial Services) aids to search the top protection plan which covers your needs. Ask Financial Services is an inner-directed financial firm, which fortunately blends an innovative, client-focused conception. All that we focus on is on your needs and you. Enabling us to work in a manner means we are always maintaining our integrity as independent advisers;
There are a few different types of services covered under Personal Protection; they are Mortgage Life Assurance, Level Term Assurance, Whole of Life Assurance Policy, Income Protection, Critical Illness.
- Mortgage Life Assurance:
This is a type of life insurance that is specially designed to guard a compensation of mortgage. This policy pays off a major amount which would be enough to repay the remaining debt in case the policyholder is about to die.
- Level Term Assurance:
There are three main types of term assurance, first is Level Term insurance is a policy in which you choose the amount you want to be insured for. Second is that your entire life cover guarantees that your beneficiaries or estate will receive payment irrespective of when you die. Finally, debt assurance cover guarantees a lump sum is paid out to pay off your mortgage should you die within the mortgage term.
- Income Protection:
This helps you protect your hard-earned money under several plans and programs, where once you have saved keeps you safe till its term ends. It is planned to substitute lost income for a person who, due to illness or accident, is unable to work.
- Critical Illness:
Critical illness cover is offered as a stand-alone policy but can also be combined into a whole life or fixed-term policy. Critical illness protection can be a fixed policy, where the remuneration given is the same every month, or a reviewable policy, where the premiums are reviewed after a specific period.
- Whole Life Insurance Policy:
It is a novel plan for life insurance. The core purpose of whole life insurance is to ease the life assured to live a tension-free life while being capable of creating a legacy for their successors. The life assured is covered until death, and also has the maturity benefit feature.
How Can “Ask Financial Services” Help You?
Ask Financial Services is an inner-directed financial firm, which fortunately blends an innovative, client-focused conception. All that we focus on is on your needs and you. Enabling us to work in a manner that means we are always maintaining our integrity as independent advisers.
If you are looking for a place where you find all the personal insurance policy solutions, connect yourself to Ask Financial Services.