Life & Health Insurance

On reflection, we all enjoy the good times and suffer the bad, sometimes in silence. Stonehouse would like to offer the advice that protects you and your family in the event of death, a serious illness, or long-term absence from work.
The financial and emotional effects on your family in the event of death or illness can be devastating. That's why we believe that financial planning should begin with ensuring secure and appropriate protection.
There are several options and we will help you to identify those most suitable and set out priorities based on your budget.
For some clients, plans are best written under a trust to ensure that monies are available for the right people at the right time. Whatever route is best for you, we’ll give you all the help and guidance you need.

Products available to meet your requirements include:

IHT Plans (Inheritance Tax)
Imagine the feeling of knowing that your future is really safe and secure and is safely passed onto those you care for, rather than to the Tax Man.
Issues of IHT and Estate Planning are no longer just concerns for the extremely wealthy. Many people now need to think seriously about the implications of IHT when making their will due to the exceptional increase in value of property which forms part of an estate

TERM
Pays a capital sum on death within a specified period. The level of cover can be fixed at outset, although some plans allow increases.

FIB (Family Income Benefit)
Pays a regular income for a specified period. Often used to provide security until children are self-sufficient.

MORTGAGE
Designed to repay your mortgage in the event of death, reducing further stress and protecting the home for those left behind.

CRITICAL ILLNESS:
Pays a lump sum in the event of a critical illness to help cope with costs and loss of earnings.

INCOME PROTECTION:
Used to provide a regular income when unable to work, due to illness or injury.
 
WHOLE LIFE
Designed to cover funeral expenses, protect against the effects of inheritance tax and provide security for dependants. Benefits are paid tax free on death.