Protecting ourselves has never been so important however personal insurance isn’t our first thought. We tend to insure our cars and houses because we have to but that doesn’t stop us from including the upgrades such as legal cover, breakdown, no claims protection and contents into our packages.
The reason we look to add extra cover is because we see the benefit of having this and also it gives us peace of mind. For these reasons we also look to insure what’s important to us and more people look to insure their mobile phones than to insure themselves.
It’s ironic when you think the way we pay for our luxuries such as homes, cars and phones is through our income. The thought process is usually that “It will be alright” yet when the unforeseen happens we all wish we would have put something in place.
Types of Individual Cover Insurance
Life Insurance
Life insurance is extremely important if you have any depends such as a partner or children. Death is something we brush aside as we think we have a fair while yet and let’s hope so.
The problem is it does happen and making sure our family is protected it the best gift we can leave behind. Dealing with a loss is bad enough however the last thing you will want for your loved ones is the burden of finding money for bills. Giving options such as childcare and working options can give appropriate time for grieving.
From more information about how life insurance works, have a look at our life cover page.
Critical Illness
Critical illness cover provides a lump sum should you be diagnosed with a stated illness, such as the likes of cancer, heart attack and serious injury. This insurance gives peace of mind that should anything happen you will still be able to continue your standard of life.
This insurance cover allows you fully recover and deal with any impact of your illness without needing to worry if you can’t continue with work. When you have an outlay such as a mortgage and the repayment is depending on your income, critical illness cover can give you great peace of mind.
Private Medical
Private medical insurance has become a great addition to protecting yourself. Although we have in the NHS in the UK it’s not uncommon for it to be in the news for the wrong reasons.
If you speak to anyone who’s been on a waiting list for surgery or to see a specialist, it’s usually the same outcome of a long waiting time or awaiting results. We’ve become accustomed to having services quickly delivered and waiting is something we all hate.
Waiting for anything regarding our health should not be an option and with Private Medical Insurance in place it doesn’t have to be. This allows you access to expert advice and treatment privately without needed to wait. For more information regarding Private Medical Insurance have a look at our video and information on our Private Medical Cover page.
Income Protection
Income protection gives an extra layer cover should anything stop you from working for while. With the likes of critical illness insurance that payouts on a serious illness, income protection will payout should something happen short term such as a broken bone.
Income protection is of great importance to self employed workers that earn whilst work such as tradesman. An injury could keep you off of work for a couple of months and without any protection in place you will have no income in place.
Income protection is also beneficial for anyone working freelance or on a contract term.
Choosing your Individual Cover Insurance
When looking to arrange insurance for yourself and family it can become a daunting task, with so many providers and different types of cover on the market to confuse anyone. It’s understandable most people shy away following though with arranging cover.
Using a whole of market brokers gives you a number of advantages over trying to arrange your own cover. Health Insurance Bristol has access to the majority of policies on the market and can advise on what will work best for your situation and budget.
The greatest benefit is that the advice you receive is free and no charge is made by us whilst arranging your cover. Health Insurance Bristol only receives a fee from the provider and with the free roughly the same from each provider you can rest ensured that we will recommend the best suitable cover for your needs.
Contact us today to discuss how we can help you arrange any insurance you require.