Personal Protection

With the planning in place to realise your goals and dreams, thought is needed to protect those you’re responsible for should the worst happen. Our expert advisers can provide solutions to protect you and your family, your home and your income.

What is it?

Private Medical Insurance pays out for private treatment if you fall ill, be it for treatment of acute or essential medical conditions, as well as surgery, medical tests and ongoing care. Cover available will vary between providers but in the main includes in-patient care, including tests and surgery, out-patient treatment cover with different capped levels, hospital accommodation and nursing care, exclusive drugs unavailable on the NHS, psychiatric treatment and other complementary therapies such as physiotherapy

Everystep Financial offer a range of Private Medical Insurance solutions whereby you can be covered for high costs of fast-tracks consultations, testing and diagnosis and private treatment for short-term medical issues.

Why choose it?

Private Medical Insurance gives you the peace of mind that should you or your family fall ill or have a medical concern, the high costs of fast-track consultations, testing and diagnosis and private treatment can be covered.

Providers’ cover varies but can include:

  • Consultations
  • Testing and Fast-tracked Diagnosis
  • Surgery and In-patient care
  • Out-patient treatment
  • Exclusive drugs unavailable on the NHS
  • Complementary Therapies

 

* Please note that terms and conditions apply to all of the above

What is it?

Buildings insurance provides cover for the structure of your home and any out-buildings, for example your walls, windows, roof, garage or annex against unforeseen events and for insured perils typically, but not limited to, fire, flood, theft, impact. Not only does this protect the physical buildings but also any permanent fixtures and fittings, such as baths, toilets and fitted kitchens. Contents insurance covers the possessions in your home such as your furniture, electronic equipment and personal belongings.

Most general insurance policies go a lot further to cover, again typically, but not limited to, accidental damage, your belongings whilst away from the home, freezer contents, legal expenses and even the cost of alternative accommodation if you cannot remain in your home after an insured event, such as a flood.

Why choose it?

It’s important to make sure that you have the right protection in place in case something goes wrong. We pay to repair and maintain our homes but what if there was a fire or a storm caused damage to the roof? Would you be able to pay the considerable cost for the repairs, and where would you live in the meantime? Your home also contains some of your most valuable possessions. We replace or upgrade things all the time but could you replace everything at once if perhaps, for example, you were flooded or if you were the target of burglars?

When you buy a house with a mortgage a priority should be to ensure the building is covered,in fact this is usually a requirement set by the lender. Remember that you should have buildings cover in place when you exchange contracts as this is when you have financial interest and have become legally liable for the property, even though you haven’t moved in.

If you’re a landlord, it’s your responsibility to insure your property – not your tenants’. It’s not compulsory but if you own your own home this sort of insurance should be a top priority to protect what is to most, the largest asset we own.

What is it?

Non-Standard Constructed Property cover is specialist insurance for properties not of the traditional brick and block wall and tiled roof construction, be it the properties features, type, structure or location, and therefore carrying additional risks that are not included within a standard home insurance policy.

Why choose it?

You may need this as a solution for certain property types and construction methods.

To name a few, but many more apply:

  • Prefabricated steel (prefab)
  • Flats above shops and commercial premises
  • Properties made out of wood/timber
  • Flats on a 5th floor or higher
  • Thatch, shingle, timber, plastic, glass or metal roofing
  • Eco homes
  • Properties located in high risk areas such as coastal and high flood risk areas.

What is it?

We all have people and things that we want to protect, be it our homes, our money, our family and our lives. There are various forms of personal and family protection that can pay out lump sums should the worst happen or we are unfortunately diagnosed with a serious illness. This money can then be used to pay off our liabilities, such as an outstanding mortgage, or be used to fund the cost of specialist private medical care. These types of protection policies go on to cover our income should we be unable to work due to an illness or following an accident.

Why choose it?

We all have our own individual requirements so cover portfolios are always bespoke, but typically you may feel you need protection for the following:

  • Critical Illness – pays out an agreed lump sum on diagnosis of a serious or critical illness that is covered by the policy.
  • Income protection – pays out a pre-agreed amount calculated to cover an individual’s monthly income should they be incapacitated through illness or following an accident.
  • Life Assurance – pays out a pre-agreed amount following the passing away of the insured individual. Most will also pay out on diagnosis of a terminal illness. This policy can be taken on a level term basis – a fixed amount and then perhaps to pay off an outstanding mortgage balance and any other debts. For some it is important to also provide further money for the family left behind to keep them in the lifestyle they were used to, or to ensure plans are fulfilled – funding of children’s education costs, for example.
  • Cover can also be taken on a Decreasing Term basis, with the amount linked to the capital and interest repayment mortgage balance, so as the balance decreases with each monthly payment to the lender the cover amount follows suit – these are usually cheaper and to be seriously considered by mortgage holders, especially those with a family
  • Mortgage Protection – covers the specific monthly mortgage payment or even also the monthly bills should an individual need to take time off work due to sickness, unemployment or following an accident.

 

*Subject to criteria and up to date payment of agreed premiums

EveryStep Financial

EveryStep Financial