Protection

Whatever your circumstances and stage in life, protection has never been more important.

Family Protection

Family Protection policies are used to either provide a lump sum or a regular income should the policyholder die or be diagnosed with a critical illness.

Mortgage Protection

Mortgage Protection is used to provide a tax free lump sum should the policyholder(s) either die or be diagnosed with a critical illness.

Business Protection

There are many forms of Business Protection. The most common are Key Person Cover, Shareholder or Partnership Protection and Loan Protection

Protection Case Studies

Whatever your circumstances and stage in life, protection has never been more important.





Income Protection Case Study

David is a self-employed Plumbing and Heating Engineer. Unfortunately David had a long term back injury and was unable to work for 6 months. As a result of taking an income protection policy that we recommended to him, he was able to receive an income of £1,000 per month after an initial 4 week period.

Thankfully David has recovered and is now back at work. His policy is still in force and will cover him again for this injury or for any other reason until he reaches age 65.





Mortgage Protection Case Study

Mark and Sarah bought their first property 8 years ago and were advised to have a Life and Critical Illness policy in place from the start. Recently Mark was diagnosed with Cancer, he has had to take 5 months off from his job and is now thankfully on the mend 2 years later. Thanks to the policy we recommended to him, he was able to repay his mortgage in full from his Critical Illness cover paying out.

This has meant that he and Sarah have been able to deal with Mark’s illness and recovery without having the added stress of making mortgage payments. If Mark had passed away, Sarah would have the security of knowing that she does not have the extra outgoings of making a mortgage payment when the household income had been reduced significantly.





Family Protection Case Study

Dan and Emily have been married for 15 years and have two children aged 10 and 8. They have a Mortgage Protection policy in place but also took a Family Protection policy out as well. The Family Protection plan meant that if either of them died, the policy would pay out £25,000 per annum until their youngest child was 25.

Unfortunately Dan passed away in 2014. Although it has been an incredibly difficult time for Emily and her children, she has been reassured that she has the £25,000 per annum from her policy to try and replace Dan’s income and to make sure that her children do not miss out on the things her and Dan had planned for them.





Business Protection Case Study

GES is a partnership of Clive, Alan, Richard and Dave. GES is currently worth £100,000 and has equal partners. GES wants to have protection in place should any of the partners die unexpectedly.

Each partner takes out a £25,000 term assurance to retirement age. The policies are written under Trust for the other partners, with all four of them as Trustees. Each has signed a Cross Option Agreement (COA). So, if Clive dies, the life office would pay £25,000 to Alan, Richard and Dave as Trustees. They would split the money between themselves as surviving partners and beneficiaries and each use their money to buy Clive’s share from his wife.

Clive’s estate ends up with £25,000 cash for the value of his share. Alan, Richard and Dave can continue with GES as equal partners with no further obligation to Clive’s wife.

What our clients say

"I had income protection for 7 years with another company. I was made to believe that if I was unable to work due to illness or injury I would be covered for the long term, in fact I would only have been covered for a year. Stuart has set up a new policy that will cover me until retirement, which is exactly what I was looking for. Stuart’s service has been excellent, he came to my house to see me and has been fast and efficient in getting the new policy set up. It is so much better dealing face to face, rather than with a call centre."

Mr Paton - Saltcoats, Ayrshire

Protection Advice

"I have dealt with Kevin one of the partners in this business over the last 10 years. I have always felt that the financial advice given was honest and impartial, and relevant to my needs. Highly recommended."

Andrew - Ayr, Ayrshire

Financial Advice

"The Advice and knowledge you provide makes us feel secure with our investments and would recommend your company to other investors. When we win the lotto your company will be hired as financial consultants!!!"

Mr O’Neill - Greenock

Investment Advice

"I recently engaged Resolute Financial Advisers' services for a review of my personal pension. Over a couple of meetings Stuart Alexander assessed my current circumstances and we discussed my requirements with regards to retiring.
Stuart is very easy to talk to and patient, taking time to explain what was involved in the whole process. In only a couple of weeks my new pension plan was in place and I have the peace of mind that we will meet regularly for reviews."

Ms Sutherland - Glasgow

Pension Review
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Resolute Financial Advisers is a Limited Liability Partnership, Registered in Scotland, No: SO304424. Partners are Stuart Alexander and Kevin Orr. Registered Office: 10 Sullivan Way, Cumnock, KA18 1UH.

Resolute Financial Advisers LLP is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/ under reference 708063.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.