Here you can see some of the most frequently asked questions,of course if you need any other help or advice please E-mail info@assetguard.co.uk or phone 020 8797 2837.

UK Term life insurance questions

What is the most appropriate Life Insurance  to cover a mortgage.                                                                                                                                                                                                                                                                                              Depending on the type of mortgage you have,if the mortgage is a repayment mortgage(capital and interest) the cheapest premium would be a decreasing term life assurance(mortgage term),if however the mortgage is an interest only mortgage a level term assurance policy would be required.

Are tax-free benefits guaranteed?                                                                                                                                        No! the tax-free benefits are determined by government policy and can change.

Can you arrange life policies which also provide investment returns(with profits endowments etc)                                                 No all the policies that we can offer are pure protection policies with no cash in value.

What is a trust used for in Life Insurance ?                                                                                                                        A trust is a legal document specifying who is entitled to the benefits of a policy and the main use is to enable the proceeds to be paid outside of your estate,thereby maybe reducing your inheritance tax liability,the proceeds from any claim are also usually paid on production of a death certificate.

UK income protection insurance questions

What benefits are available from the state?                                                                                                                            The benefits can be checked at www.jobcentreplus.gov.uk/cms.asp?Page=/Home/Customers/WorkingAgeBenefits/492

Accident,sickness and unemployment cover (ASU) Unemployment/Disability  questions

Am I able to claim benefits from both unemployment cover and disability cover at the same time?                                                    No! if you are made redundant and not actively seeking work(if you were ill or sick you would not be) you would not be entitled to unemployment benefit payments.