Financial Protection Services

Here at Vereco Financial Protection, we know how important it is to be able to provide the very best care possible for the people you love. That’s why we work with a trusted panel of insurance providers to make sure we can offer you the widest choice of personal and health protection. From insuring your income to critical illness cover and private medical care, we have the expertise and knowledge to be able to find the products best-suited to the individual needs of you and your loved ones. Leaving you with peace of mind.

financial planner glasgow

Life Assurance

It’s unwise to leave the important things in life to chance, so it makes sense to ensure the people you care about are provided for should something happen to you. Having adequate life assurance will give your family the financial security of receiving a lump sum should you die.

Money that may be needed to pay off a mortgage or other debts, or a continuing monthly income which can provide Guardianship Cover to provide funds to care for your children or dependant loved ones for a term you can specify to suit your needs. At Vereco Financial Protection we can give you tailored advice to match your personal circumstances, so you can be sure your family is looked after as you would wish.

financial planner glasgow

Income Protection/Sick Pay

Your lifestyle relies on being financially secure, so we can work with you to make sure you’re protected should there ever come a time when, for whatever reason, you’re unable to earn an income. We work with specialist income protection insurers to help you find the plan that could give you the security of knowing your income is protected whatever happens.

If you’re unable to work due to sickness or injury, Income Protection can give you the cover you need to continue covering the cost of your bills without worry, up until your retirement age or even the age of 70.

financial planner glasgow

It is designed to typically protect between 50% - 70% of your gross salary, if you are unable to work due to accident or sickness.

With various levels of protection available, we can tailor the amount of monthly benefit you require – determined as a percentage of your income and the period you want to cover. Flexible options are available for various levels of cover and industry. We can help anyone to augment their employer sick pay, with excellent options available for Teachers and those in the NHS, but we particularly specialise in helping self-employed, freelancers, contractors & Company Directors give themselves ‘sick pay’ through a good Income Protection plan. Contact Vereco Financial Protection today and we can help you weave your own safety net.

financial planner glasgow

Critical Illness Cover

We never know what life has in store for us, particularly when it comes to our health, so it makes sense to plan for every eventuality. The range of critical illness insurance policies we’re able to offer through our panel of insurers means we can help you find a policy that suits you and your needs.

In the event that you are diagnosed with a specific critical illness or condition, Critical Illness cover is designed to pay out in either one large lump sum or with Family Income Benefit (with critical illness provision) it can pay you & your family a monthly sum of your choosing. Thus, giving you financial peace of mind throughout what can be a very stressful time of your life, allowing you to concentrate on recovery.

The money paid out on a critical illness claim could be used to pay off your mortgage, help maintain your standard of living, or to help with any additional costs incurred as a result of your condition, such as adjustments to your home in the event of disability.

financial planner glasgow

Many providers also offer additional cover for specified less-advanced illnesses such as certain early stage cancers, giving payouts of approximately 25% of your plan without affecting the main sum. A real help at a time you would need it. Another area we can advise you on is the range of cover available to protect your family in what is sadly, the third most common cause of claims for this kind of protection – Children’s Critical Illness Cover, options are extensive but very affordable, we can help you navigate the many variations available.

Exact conditions covered will vary depending on the policy you choose, which will be detailed in the policy documents. Get in touch with Vereco Financial Protection today for more information on this type of protection.

financial planner glasgow

Mortgage Protection

Owning a home is one of the biggest, yet most rewarding commitments of your life. To keep it safe, Vereco Financial Protection offers a range of financial products and services to give you peace of mind throughout the homeowner journey.

As well as insuring you and your home against damage, accidents and theft of your possessions from the property, you also need to ensure that you will be able to pay off your mortgage in the case of critical illness or death.

If you’re in good health, it’s all too easy to think that you may never need mortgage protection, but if serious illness, critical illness or death occur, having the right cover that enables you or your family to retain the home and not the debt is hugely important to help cope with the situation.

financial planner glasgow

Our mortgage protection advice helps to ensure ongoing payments are made if you are ever unable to work, become critically ill or pass away, giving you and your family the stability you need when you are expected to meet mortgage payments.

Pleast note: all of the above can obviously apply if you are renting your home, the sad fact is that an illness or death impacting affordability can result in termination of a tenancy even quicker than repossession in many cases. Please contact Vereco Financial Protection for advice on methods of protection against losing your home.

financial planner glasgow

Private Medical Insurance

Successful health outcomes are largely governed by prompt diagnosis and treatment, so the need for tailored health cover is becoming increasingly important. At Vereco Financial Protection we’ll work to make sure you and your loved ones have fast access to a network of private healthcare professionals and state-of-the-art diagnostic and treatment facilities, with the convenience of being able to decide when and where you are treated.

financial planner glasgow

Small Business Insurance

According to the Financial Times, a record number of new small businesses were launched in the UK during 2017. Typically, the success of a start-up relies on a handful of people – usually the owner and perhaps one or two other people.

Key Man Insurance is a life assurance policy taken out by a company on its key employees and is designed to ensure the business can survive should that individual die.

We work with our insurance providers to offer affordable, tailored Key Man insurance so that your company can survive the death of someone integral to its success. We can also advise you on Relevant Life Plans offering Company Directors and selected employees a ‘Death In Service’ type Life Insurance paid for by the company, thereby offering savings to small business owners, for this and many other Business Protection Solutions please contact Vereco Financial Protection today.

Contact Us