Financial Protection (or ‘Foundations’) is the third step in The Money Plan. This consists of 8 foundations that you should consider to give yourself full financial protection, 3 of them are essential (Emergency Cash, Will's and LPA's) however in this podcast I look at the other 5 optional protections you should be considering.
These are: Life Cover, Critical Illness Cover, Income Protection, Private Medical Insurance and General Insurance
In this episode we show you the options available to you to protect yourself from catastrophes such as long term illness or disabilty, protect your family from death and your estate from unnecessary taxes and potential hostile creditors.