Financial Risk Management

Many of us do not like to think about death and although it will happen to us all, we like to imagine that it will be when we are in our 80s, not when we are in our 30s and 40s with our loved ones financially dependent on us.

Statistically, we are more likely to suffer a long term illness and the financial impact of this is often greater than death as most people are completely exposed to this area with very little or no protection in place.

What would happen though if you or your partner were to die tomorrow? Do you have a family to support, whether it is financially or by running the family home?

It is not just important to consider the impact of the main breadwinner dying early but also the person that stays at home. How much would it cost to replace them? A full time nanny does not come cheap.

The fact that you are looking at our website means that you have goals and ambitions that you will want to achieve for yourself and your family. If you have children then you probably have high hopes for them, their education and their financial future.

But what if you were to die or suffer a long-term incapacity? Would these ambitions for your family still be achieved? Would your children still get the education you want for them? Would your spouse or partner be able to run the family home without you? Would he or she even be able to continue living in the family home?

At Henwood Court we understand the importance of these issues and want to make sure that you and your family do as well. Financial Risk Management is about putting a safety net in place to guard against any catastrophe that would prevent you and your family achieving the lifetime goals you have established.

We are able to use our lifetime cashflow planning tools to enable you to picture the financial implications of you or your spouse/partner dying prematurely or suffering a long term incapacity. In most cases, for new clients, the results are quite shocking.

If you would like for one of our advisers to analyse your protection needs then please contact us to discuss your personal requirements.