Simplify Your Insurances

Everything you need to KNOW

1. Three primary risks
   • Early Death – Term and Whole of Life – Lump and FIB
   • Critical Illness – Term-only, Usually lump only
   • Income protection – Term, Variables: Deferred period, Definition of ‘off sick’, Indexation, Linked claims
2. No sense in having more cover than needed
3. Insurance should be reviewed

Everything you need to DO

1. Check cover against need
2. Check Expression of Wishes on work cover
3. Make sure trusts are in place for personal plans
4. Talk to LifeSearch
5. Create an Insurance summary document

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