Good reasons to take financial advice from Endsleigh:
- Our financial advice is completely whole of market which means that our advisers will research products from across the UK market and provide recommendations to fit the unique needs of each of our customers. Because our financial advisers are paid salaries and not commissions, we ensure that the advice our customers receive is unbiased and impartial.
- We offer a convenient telephone service to save our customers time and money.
- Expert knowledge without the jargon all of our financial advisers have, or are studying for, the CII Diploma in Financial Planning. They are committed to providing expert advice in plain English.
Advice on the complete range of financial services products including:
Life insurance
Life insurance ensures that your family or dependents are protected in the event of your death. There are many different types of life insurance from level term insurance, that pays out a fixed lump sum should you pass away during the policy term, to whole of life insurance that pays out the sum assured whenever you die. Life insurance can be used to repay your mortgage or to provide income for your dependents in the event of your death. Our qualified financial advisers will help you to select the most suitable policy, level of cover and term for you. Endsleigh’s advisers are not tied to any one insurer and so will search the market to find the most competitive life insurance quotes for you. Let us save you time and money by comparing the life insurance market for you.
Income protection
If you were sick or involved in an accident and unable to work, how would you continue to pay your monthly outgoings and support your family once your employer stops paying you? Income protection (sometimes called Permanent Health Insurance or Income Insurance) will give you the peace of mind of knowing that should you be unable to work due to illness or injury, you will continue to receive a monthly income to cover your mortgage, rent and other essential outgoings until you are well enough to go back to work. Income protection provides you with:
- A tax free monthly income after an agreed waiting (deferred) period
- Monthly income until you are well enough to return to work or the policy end date (usually your retirement age)
- Back to work support
- The option to index link your income protection
- No limit to the number of claims during the term of the policy
- A monthly income of up to 60% of your income
Redundancy cover
Redundancy cover, sometimes referred to as income protection, payment protection or mortgage protection, is an insurance policy that will pay out a monthly income to cover your mortgage or rent plus other household bills should you become involuntarily redundant.
Redundancy cover, sometimes referred to as income protection, payment protection or mortgage protection, is an insurance policy that will pay out a monthly income to cover your mortgage or rent plus other household bills should you become involuntarily redundant.
In the current economic climate many people are concerned about how they will cope financially should they be made redundant. Many insurers have withdrawn from the redundancy cover market in view of the high number of claims they have received whilst others have increased their premiums, making cover extremely expensive. Increasingly, insurers are declining to insure certain professions or industries and many customers report having their claims turned down.
Endsleigh’s advisers understand the need to ensure that you can pay your mortgage or rent and other monthly bills in the event of redundancy but more importantly, they understand that insuring with a reputable insurer with a good claims record is vital. A financial adviser will research the market on your behalf and recommend the most suitable redundancy cover for you. They will also recommend that you protect your income in the event of death or long term illness or injury too.
Annuities
When you reach retirement you will have a pension fund with which to purchase an annuity (pension). When you buy an annuity you give up your pension lump sum and in return, the annuity provider will pay you an annual income for the rest of your life. Although your pension provider will offer you an annuity, you also have an Open Market Option, which allows you to compare the annuity market and get a better deal. In some circumstances you could get up to 40% more income in retirement by selecting the most competitive annuity provider for your circumstances. By speaking to a whole of market financial adviser you will ensure that you get the best annuity taking into account, your age, health, sex, retirement plans etc.
When you reach retirement you will have a pension fund with which to purchase an annuity (pension). When you buy an annuity you give up your pension lump sum and in return, the annuity provider will pay you an annual income for the rest of your life. Although your pension provider will offer you an annuity, you also have an Open Market Option, which allows you to compare the annuity market and get a better deal. In some circumstances you could get up to 40% more income in retirement by selecting the most competitive annuity provider for your circumstances. By speaking to a whole of market financial adviser you will ensure that you get the best annuity taking into account, your age, health, sex, retirement plans etc.
There are lots of things to consider when purchasing an annuity. For example, do you want the pension to be guaranteed for a fixed number of years even if you die? Do you want a spouses or dependents pension? Are you in poor health with reduced life expectancy? Do you want your pension to increase each year in line with inflation? By speaking to a financial adviser, you can make the right choice of annuity.
Pensions
With reductions in company pension benefits, the need to plan for your own retirement has never been greater. People are living longer and if you don’t want to rely on the state pension, you will need to start pension planning. But how do you compare pensions and get the best pension for you?
When selecting a pension you need to consider how much you can afford to save, what level of investment risk you are happy to take with your money, the track record of pensions providers and their charges. The best way to compare pensions is to speak to a financial adviser who will talk you through your options, review all pensions in the market and recommend the best one for you. Whether you are looking to start your first pension or transfer you existing pensions savings, there are lots of schemes to choose from and financial advice will help you to compare and select the best pension for your needs.
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