Insurance & Protection
Protecting Loved Ones
Providing comprehensive business insurance for freelancers, contractors and businesses of all sizes.
Whatever your business, we can provide the business insurance cover you need. We aim to help our clients plan for the unexpected, feel protected and thrive in their business activities.
Our commercial insurance policies include:
- Professional Indemnity insurance
- Public Liability
- Employers Liability
- Tax Enquiry and Legal Expenses Cover
- Contract Reviews
- Cyber Liability insurance
- Commercial Crime insurance
We also provide specialist insurance products for industries such as Railway Contractor insurance and IT Contractor insurance and also Offshore Energy Contractor cover.
Term or whole-of-life, level or decreasing cover. We offer a wide range of plans to meet your requirements.
An income protection policy will provide financial support if you’re unable to work because of injury or illness.
Critical Illness Cover
Critical Illness Cover will provide you with an early payout in the event you’re diagnosed with a specified illness.
Protection is fundamental. It may not be the most exciting of subjects, but it answers one of our most basic desires – to keep safe all that we hold dear.
But how can you decide what kinds of insurance should be a priority for you? The following list may help you put your protection needs in perspective:
- Stolen car
- Major illness, e.g. heart attack
- Stolen credit cards
- Fire at home
- Your family surviving without your income
Now ask yourself:
‘Which of the above have I insured against?’
‘Which of the above have I not insured against?’
You may wish to consider the following fact:
1 in 2 people born after 1960 will be diagnosed with some form of cancer (Source: Cancer Research UK, 2019)
Providing protection cover in the various forms of life, critical illness and disability solutions is one of the fundamentals of our business.
Working with carefully selected providers, we offer an extensive product range including:
Life Cover (including Term Assurance and Whole of Life)
Private Medical Insurance
The above are just a selection of the solutions available. Please seek our advice so that we can tailor a solution specifically for your needs
Long term protection
If you live in England or Northern Ireland and your personal assets are more than £23,250 you now have to pay the cost of the long term care you will receive.
Apart from the emotional cost, arranging care for yourself or a loved one is also extremely complicated. Dealing with issues like mental capacity, eligibility for state benefits, Lasting or Enduring Powers of Attorney*, the type and location of the care home and funding the care itself causes stress and worry. And yet less than 15% of people who do not qualify for financial support will have sought appropriate, and regulated, financial advice before entering care.**
In 2017, there were 1.6 million people living in the UK over 85 (2.4% of population) –this figure is expected to double to 3.2 million by 2041 (4.5% of population).**
The ‘single’ average cost in a residential care home is around £32,344 a year, increasing to over £44,512 for those receiving nursing care, and with the average stay at about three years, the costs are substantial.**
If you need care, and have to fund the fees yourself, there are many things that you will need to consider. Not only will it be important that you receive care in a home you have chosen, you will also need to consider whether you can afford to pay the fees for as long as is needed. You may also wish to protect your wealth so that some inheritance may be passed on to the next generation.
Paying for care can be an expensive and long term commitment. There are pros and cons to the funding solutions available, so it is essential to seek financial advice from a specialist adviser as early as possible to find the right solution to suit your individual needs.
Whether you are concerned about saving for care home fees in the future or facing the possibility of needing to pay these fees now, Vantage 360 can help you and your family with the options available.