Downton and Ali Associates – Private Clients - Protection - Family ProtectionFamily Protection

The purpose of Life and Critical Illness insurance is to make provision for either the loss of an income, repayment of a debt or provide a legacy. Examples where life or Critical illness insurance would be recommended are:

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Life Insurance

In the event of your death, a life insurance plan can be a means to protect individuals’ dependant on your income whilst you were alive. The sum assured can be used to repay any debts or provide a legacy to ensure that your loved ones have the financial support.

Downton & Ali Associates can help you calculate the financial implications of your death and the effects this will have on your family’s lifestyle. We can create a plan to provide a capital sum that will ensure your family is financially stable and not subject to unnecessary inheritance tax.

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Critical Illness

Most people understand the need for life insurance to protect loved ones in the event of their death. However, people are now living longer and recovering after suffering from a serious illness. This means life insurance policies continue but you do not receive any payment for staying alive.

The financial implications can be detrimental after suffering a critical illness. You may have to adjust your whole lifestyle to help you during the recovery period. This could involve giving up your job, moving home or even paying for private medical treatment and assistance, all of which do not come cheap.

Downton & Ali Associates specialise in family protection needs. We can ensure you have adequate arrangements in place to eliminate the financial burden of tragic circumstances by ensuring you have the funds to repay debts, pay for life changing adjustments or just replace income lost through illness or death.

For further information, please complete the enquiry form or contact our office on 020 8980 1989. One of our professional consultants will be happy to deal with your enquiry, or arrange an appointment at your convenience.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

We will charge a broker fee of a maximum of £495 or 0.5% of the loan amount, whichever is higher, normally payable on application. Typically this will be £495.

If we charge you a fee and your mortgage does not go ahead you will receive:

A full refund if we cannot find a lender who will accept your application because of your personal circumstances.

A refund of 50% of the fee taken if the purchase falls through or you decide not to proceed before an offer is issued.

No refund if you decide not to proceed after an offer is issued.

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