Nicholls Stevens can advise on your need for life asurance
Who needs it?
- Any one with a mortgage or loan which needs to be paid back on death
- Anyone with a young family or dependants
Points to watch out for:
You usually only need the cheap type of term assurance which just covers you for the time when your family is most vulnerable
- You normally do not need the more expensive Whole of Life policy
- You could consider a conversion option, which means that if you unfortunately become ill you can take out further life assurance regardless of your state of health
- You need to make the policy the subject of a trust so that when you die the benefits do not form part of your estate and will then potentially be subject to IHT
Providing your employees with a good benefits package which includes access to a pension arrangement is important. We help our clients to do this effectively.
Find out more about our Corporate Services
We have worked with many start up businesses over the years and as a result of this we have realised that a start up pack can be enormously important.
Find out more about our Business Startup Pack
Stephen wanted help to review his existing pension arrangements. He wanted if possible to amalgamate the pension schemes for ease of understanding and administration. He wanted, if possible to be able to use his pension fund to help finance his new company.
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The value of investments can go down in value as well as up. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices.
If you are unsure about the suitability of an investment please contact us for advice.