The world these days is all about ‘living for today’ not many of us like to think what could happen in the future if something bad was to happen to us or our families. ‘what would happen in the event of our untimely passing or incapacity, as a result of illness?’
Failure to plan for illness could leave you reliant on scarce state benefits. In the worst case scenario your untimely death! Which could result in your family suffering from financial hardship which can have a huge effect on their mental wellbeing.
Flamingo understands these worries and fears, that’s why we work with you so you can continue ‘living for today’ knowing that tomorrow is taken care of in any event. It’s important to make sure that you and your family are protected if the worst should happen.
Life insurance is an fantastic way to protect the people you love and the things you love. In the event that you die unexpectedly, your policy will pay out a cash lump sum. So even if the unexpected should happen, you’ll have peace of mind knowing that your loved ones will be ok financially.
Unlike life Insurance it’s not only about dependents. If you’re diagnosed with an illness serious enough to prevent you from working, you’ll need to cover your own living expenses: for most working people, state benefits only go part of the way towards this. So if you don’t have substantial savings or sickness benefits through your job, critical illness cover is something you should definitely consider.
Unlike traditional critical illness cover, Serious Illness pays out for the less severe conditions as well as the more critical ones. So if you get ill and need to claim, your policy will give you a percentage of your cover depending on how severe your condition is. This means that if a condition gets caught early on, it will pay you out a portion to alleviate the stress, but you’ll also have the rest of your cover should you need to claim in the future.
Income Protection Insurance pays you a monthly tax-free income until you're well enough to go back to work, which you can use to help pay your bills, mortgage or medical costs.
When you suffer an illness or injury, the last thing you should worry about is how you’ll pay the bills and maintain a good standard of living while you’re off work. After all, what if your sick pay should run out while you’re still recovering?
Private Medical Insurance (PMI) in the UK provides access to high-quality private medical facilities and medical treatments, at a time and place to suit you. No more long waiting lists to get treatments! It also plays an equally important role in helping fund the cost of early diagnosis and treatment of acute conditions. This could be anything from a few sessions of physiotherapy, to more complex procedures such as major heart surgery or treatment for cancer.