We know that family comes first, and that safeguarding the future security of our loved ones is a priority. Personal Life and Critical Illness cover provides financial protection to individuals and their families in the event of death or diagnosis of a critical illness. This combined, comprehensive form of coverage ensures that beneficiaries receive a lump sum payment, helping to mitigate financial burdens during such challenging times. By adding these layers of security you can be prepared for whatever the future may bring
Mortgage and Liability Protection safeguards individuals and their families against the financial burdens associated with mortgages and other liabilities in the circumstances of unexpected life events, such as death, critical illness, or disability. With protection in place, individuals can be granted peace of mind with the assurance of financial security and knowledge that mortgages and other debts are managed effectively. Should death or serious illness occur, the policy will act to cover any outstanding mortgage balance.
Inheritance tax (IHT) affects us all and is a risk most individuals and families will have to consider for future planning purposes. Inheritance Tax & Estate Planning Protection helps individuals manage the financial implications of inheritance tax and ensures that their estate is efficiently passed on to their beneficiaries. This cover is crucial for preserving the value of an estate and minimising the tax burden on heirs. Acting today by putting the correct policy in place can ensure the preservation of your wealth for the future security of your family. Our team of experts are here to cover your IHT and gift inter vivos needs, helping to better safeguard your future.
Income Protection is designed to provide financial security by protecting an individual’s income if they are unable to work due to injury or illness. This coverage ensures that individuals continue to receive a significant portion of their income during periods of incapacity, helping them maintain their standard of living and meet ongoing financial commitments such as mortgage or rent payments, food, and bills. This type of insurance is commonly used by those who may not have access to generous sick pay benefits, such as contractors or the self-employed. With limited or no employer-provided sick pay, Income Protection can offer individuals a welcomed safety net.
Medical due diligence is a comprehensive and discreet process that we manage from the initial consultation through to final implementation of your protection coverage. Our team works with you to coordinate and compile all necessary medical data, enabling us to negotiate the best possible terms tailored to your needs.
Our unique approach sees us go beyond by having your medical data anonymously risk-profiled by
an insurance underwriter, before directly applying for a policy. This is key as it allows for any potential health risks that may affect your coverage being identified early, mitigating the risk of being unable to secure adequate insurance coverage.
Through thorough medical due diligence, Sphere Assured provides you with a strategic advantage by addressing potential issue that might arise before applying for a policy.
Sphere Assured is and appointed representative of Best Practice IFA Group Limited which is authorised and regulated by the Financial Conduct Authority, the registration number is 223112. Registered in England and Wales No 04490633. Company registered in England number 15752513.
Registered office: 40 Queen Street, London EC4R 1DD
Approved by Best Practice IFA Group Limited on 29/01/2025
