Preparing for unforeseen events
While no one can control how their life plays out, there are ways to mitigate any financial hardship from unanticipated events through protection planning.
A thoroughly thought-out financial plan will identify any areas where an unforeseen event could have a dramatic effect on your family’s finances and its ability to maintain your expected standard of living. For example, an accident or long-term illness could mean that your income ceases or dramatically reduces.
Similarly, a life-threatening illness or even death could cause a substantial shortfall in capital, which in turn would affect your family’s financial and living situation.
Insurance cover is key and can help bring some peace of mind during times that are likely to be both emotional and sensitive. The number of options available can be intimidating, confusing and time-consuming to analyse, when all we want to be doing is getting on with our lives.

The Financial Conduct Authority does not regulate on Trust Planning.
There are ways to mitigate any financial hardship from unanticipated events through protection planning.
One Four Nine Wealth