Emergency Fund
An emergency fund is very important as it is a pot of money to fall back on should you either find that your income reduces, such as losing your job, or if you have to pay for something unexpected, such as having to replace your boiler. A good rule of thumb for the...
What is Critical Illness Cover?
Critical Illness Cover can help minimise the financial impact on you and your family if you were to become critically ill. It’s an option that can be added for an extra cost when you take out Life Cover, or can be taken out on its own. Critical Illness Cover can pay...
What is Family Income Benefit?
If you pass away, Family Income Benefit pays out a regular tax-free monthly income to your loved ones, to replace the loss of your income and help relieve the stresses to your family of paying the bills. Family Income Benefit cover works on a term basis. This means...
What is Inheritance Tax?
Inheritance Tax is a tax on the estate (the property, money and possessions) of someone who’s died. How much is Inheritance Tax? There is normally no tax to be paid if: $ The value of your estate is below the Nil-Rate Band of £325,000, or $ You leave everything above...