What types of protection insurance should I consider?

The main types of personal protection are: life cover (a lump sum or income on death), critical illness cover (a lump sum on diagnosis of a serious condition), and income protection (a replacement income if you cannot work due to illness or injury). Business protection covers key person insurance, shareholder protection and partnership insurance. The right combination depends on your income, liabilities, family situation and existing provision.

Does my employer already provide protection cover?

Many employers provide death in service benefit, typically a multiple of salary, and some provide group income protection. However, employer-provided cover often ceases when you leave, may not be sufficient for your needs, and rarely includes critical illness. A protection review looks at what you already have and identifies any gaps against what you would actually need.

How much life cover do I need?

Life cover needs depend on your outstanding mortgage, other debts, your dependants' income needs, existing assets and any employer-provided cover. A common approach is to calculate what your dependants would need to maintain their standard of living if your income stopped permanently. A financial adviser can model this specifically for your circumstances rather than relying on a rule of thumb.

Protection Planning · Aetas Wealth

This service supports clients who are:

Young Professionals Planning in Your 30s & 40s Mid-Life Planning Business Owners

Overview

Protection that fits the life you have built

Most people have some protection in place. Life cover from when the mortgage was first taken out. A bit of critical illness through work. Maybe income protection, maybe not. The question is rarely whether you have any cover. It is whether what you have would actually do the job if you needed it.

We look at the gaps. What would your family live on if you could not work for two years? How would the mortgage be paid? Would the business carry on if a key director was suddenly out of action? The answers point to what is needed, what is not, and what can be removed.

Get the structure right and you protect the plan you have spent years building, without paying for cover you do not need.

How we help

Different needs, different solutions

What protection looks like depends on whether the priority is your family, your business, or both.

For individuals and families

For families, the priority is replacing income and clearing debts if the worst happens. We help you work out how much cover you actually need, structure it so payouts go where you want them quickly, and review it as life moves on. Cover written in trust can speed things up and help with inheritance tax.

For business owners

For businesses, protection covers what would happen if a key director became seriously ill or died. Key person cover replaces lost profits. Shareholder protection lets the remaining owners buy the deceased owner's share without putting the business at risk. We make sure the policies fit the legal agreements, not the other way around.

The Financial Conduct Authority does not regulate Wills, Trusts, Tax advice or Cash Flow Planning. Tax treatment depends on individual circumstances and may be subject to change in the future. The value of your investments can go down as well as up, so you could get back less than you invested.

Review your protection

Book a no-obligation conversation. We will talk through where you are now and explore whether we can help.

Book a meeting

Frequently asked questions

What types of protection does Aetas Wealth arrange?

We arrange life insurance, critical illness cover, income protection, relevant life policies, key person insurance, and shareholder protection. We look across the market to find cover that fits your specific circumstances, not just the most familiar product.

How much life insurance do I need?

A rough starting point is 10 times your annual income, but the right amount depends on your mortgage balance, number of dependants, any existing cover through work, and how long your family would need financial support. We work through this properly in a financial review.

Is income protection worth having?

For most working people, yes. State benefits are limited, and most employer sick pay runs out after a few months. Income protection replaces a proportion of your salary if you cannot work due to illness or injury, and can pay until retirement age if needed. It is often the most underused but valuable cover we arrange.

Can business owners get protection through their company?

Yes. Relevant life policies are paid for by the company and sit outside your estate, making them tax-efficient for directors. Key person cover protects the business against the financial impact of losing a key employee. Shareholder protection ensures partners can buy out a deceased shareholder's share from their estate.