“If I had my way, I would write the word ‘insure’ upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise smash them up forever.  It is the duty to arrest the ghastly waste, not merely of human happiness, but national health and strength, which follows when, through the death of the breadwinner, the frail boat in which the family are embarked, founders and the women and children and the estates are left to struggle in the dark waters of a friendless world.” – Winston Churchill 

Protection

Protection is the bedrock of all financial planning. Have you really considered how your family might cope financially without you?

Negotiating the myriad of choices of life assurance can be overwhelming but LilleyCo believe in the simple principle of the right money, in the right hands, at the right time. This gives you the security of knowing that, in the event of death, disablement or critical illness, your family and loved ones will have some financial stability.

We can help you to achieve peace of mind and do so by advising on the following areas:

  • Mortgage protection
  • Family Protection
  • Life Assurance
  • Critical Illness Cover
  • Income Protection
  • Private Medical Insurance
  • Accident/Sickness/Unemployment

Company Protection

Many businesses do not assess the impact of the death or serious illness of a partner or key member of staff and are thus left vulnerable when such an event strikes. Loans can be recalled, customers can lose confidence, strategic knowledge can be lost – all resulting in a loss in profits and in some cases, serious financial difficulty for the business.

For example:

The loss of a shareholder could result in their beneficiaries playing an active role in your business. These people may not have the necessary expertise to make qualified decisions or worse, may sell their shares to your competitor.

Your own beneficiaries may prefer to receive cash rather than company shares in the event of your death. Your fellow shareholders may not have the cash to buy those shares which could result in your own family suffering financial hardship.

These scenarios could be easily avoided via the placement of relevant and appropriate insurance policies and trust arrangements, all of which LilleyCo can help you to identify and put in place.

The following are some of the most important areas we cover:

  • Keyperson Insurance
  • Partnership Assurance
  • Cross-shareholder Agreements

General Insurance

Principle of Average Payout = Claim x (Sum Insured / Current Value)

An integral part of modern life is the need for insurance for your personal possessions and your home, your business, your assets and your property portfolios.  LilleyCo understands that you are busy and can be confused by the many different options available to you; it is likely that many of you renew existing policies without first checking to see if there is a better product in the market.  LilleyCo are able to offer you a range of home and buildings insurance products through Paymentshield thus ensuring competitive quotes and peace of mind when you need it most.

We are able to offer:

  • Accident Sickness & Unemployment Insurance
  • Buildings and Contents Insurance
  • Landlords Insurance

“The specific uses of the terms ‘insurance’ and ‘assurance’ are sometimes confused. In general, ‘insurance’ refers to providing cover for an event that might happen (fire, theft, flood, etc.), while ‘assurance’ is the provision of cover for an event that is certain to happen.’

 HM revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be forseen