Protection Insurance
Through our extensive knowledge of insurance providers we will provide professional advice and ensure your cover is placed with the correct insurance company for your needs; taking into account matters such as your occupation and medical history.
We’ll save you time - we know that your time is precious so we will take care of the paperwork and liaise with the insurance company to get the cover agreed as soon as possible. We will keep you up to date throughout the process.
Life Insurance Advice
In simple terms, life insurance provides a sum of money on death. This money is then used to ensure your family is financially provided for; like it would have been had you still been around. This money can be used to repay a mortgage, repay debts, cover rental payments and also provide an ongoing income to your partner so he or she can pay the regular bills and child care costs.
Not all insurance is the same though and it is our job to make sure you are properly covered. With offices in Shropshire and Herefordshire, you can visit us or call us anytime for quality, regulated, life insurance advice services.
Critical Illness Cover Advice
This cover provides a sum of money should you be diagnosed with a critical illness, such as cancer. Suffering from a critical illness often means a long period of time off work; maybe never being able to return to work again. Receiving a sum of money in these circumstances can help to continue to pay the bills, repay your mortgage, and cover rental expenses and medical costs.
These types of policy differ greatly from one insurer to the next. Our leading knowledge of the critical illness policies available will ensure you have the right cover.
Income Protection Insurance Advice
If you become sick or have an accident and are unable to work income protection provides a Tax Free income. This allows you to pay your bills, mortgage, rent, childcare and continue to live the lifestyle you enjoy. There is no defined list of illnesses, which is what makes this type of insurance different to a Critical Illness policy.
Income protection is a bespoke and complex insurance product that takes into consideration many factors such as your job, sick pay benefits, income and health. It is therefore important you take specialist advice, at Bill Somers we’ve helped many customers find insurance products that are best suited to their need through our regulated, specialist advice.
LATEST INSIGHTS FROM THE EXPERT insurance ADVISORS AT BILL SOMERS…
Critical illness cover (or CIC) is a type of insurance that is often sold alongside life insurance. It is designed to provide you and your family with financial stability if one of you were to fall seriously ill.
Disclaimer - Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against loss of income.