We will discuss with you in detail how much cover needs to be provided. This will vary according to how much income you earn, what is the size of your mortgage and any other loans or credit card debts you carry as well as your marital status, how many children you have and how old they are, as well as an assessment of your general living expenses.

Protecting your Mortgage, your Income and your Lifestyle are all basic requirements that can be met cost effectively by judicious planning. In addition steps should be taken to make sure that any benefits that might be paid should not exacerbate any potential tax liability on your or on your estate. 

Finally Wills should be in place to further put your assets at the disposal of your beneficiaries and to mitigate any further inheritance tax liabilities upon them.

It should be noted that the Financial Authority does not regulate taxation advice, trust advice or the writing of wills.