An Englishman’s home is his castle
Us Brits have an obsession about owning our own homes, which our neighbours across the channel don’t quite get! Getting onto the property ladder and owning a home is one of the main goals of a large number of people.
Buying a house is the biggest financial outlay you will ever make, so it makes sense not to take any unnecessary risks with it. It represents the largest tangible asset that you are likely to own.
The Architect
When the house is built the foundations are laid. The Architect ensures the house stands firm; that it can withstand strong storms and other times of bad weather.
The house becomes a home as you lovingly decorate and furnish it, filling it with possessions and people you hold dear and wish to keep safe.
Just as your home is a safe haven for your treasured belongings, imagine creating the same for your finances. Instead of soft furnishings you’re filling this home with pensions and investments, all being sheltered against bad weather, and nurtured for the future, to be there when you need them.
Unfortunately, we come across a lot of people who have filled their houses but failed to put down secure foundations to protect them against times of bad weather. Sadly, the house can come tumbling down, much as in the story of the three little pigs.
The Financial Architect for Family Protection
So, how can you ensure that the correct financial foundations are laid?
In this ‘financial home’ the foundations take the form of Family Protection – ensuring that your family remains protected should anything happen to one of the other members.
Knowing that protection is in place should a family member die, contract a serious illness or be unable to work due to long term illness, enhances a feeling of comfort around them. This is known as financial wellbeing. A feeling that pervades throughout, removing the stresses and strains around financial matters and opening the doors to other areas of wellbeing.
Check for Financial Subsidence
If you would like to have a health check to see how robust your family protection is and identification of any potential shortfalls, then please do get in contact.
Note:
Please be aware that Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.