Assurance is probably the most important area of financial planning. While inadequate financial planning in other fields can prove to be an expensive mistake, when it comes to protection against risk it can be disastrous.
We can help you determine and establish both adequate levels of assurance and appropriate kinds of cover to protect you and those who depend on you against all the most serious risks that you face, and specifically risks to your life and your health.
Although the value of protecting against risk is most often considered in the context of individuals’ private lives to protect them and their families, it frequently has an equally important role to play in business by protecting companies and the people who own and manage them. St. James's Place are specialists in this field, providing cover in the event of death or serious illness of key individuals, to fund necessary changes in the business or its ownership.
Furthermore, we can make important recommendations to you concerning the use of products designed to preserve capital for the future and minimise Inheritance Tax liability. Timely actions in this area can save very large tax bills falling on your estate.
As you would expect, the St. James's Place Wealth Management Group is particularly well-prepared to deal with exceptional assurance needs, such as unusually high levels of life cover needed to protect estates from Inheritance Tax or to protect business assets.