Riach Financial
Protection
Family is important; that’s why it’s best to get expert advice to help protect what matters, when it matters!
Riach Financial
Protection
Family is important; that’s why it’s best to get expert advice to help protect what matters, when it matters!
Protection
Thinking about the consequences should anything happen to the main breadwinner isn’t something any of us want to contemplate. However it is important when arranging your mortgage to take the time to protect you and your family should the unthinkable happen.
Put simply protection products are policies that are arranged to provide you and your family with either a lump sum or a regular income should you become seriously ill, or in the event of your death.
We have listed some of the most popular types of insurance below:
Life Insurance
Life insurance, also known as term insurance or life assurance will provide a sum of money in the event of death during the term of the policy. This cash lump sum is paid tax free and can be used by your dependents however they choose.
Life insurance can be used to cover a mortgage, other loans or to ensure that your family is protected from the effects of having to repay a debt.
Critical Illness Cover
A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness.
As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work.
Income Protection
An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).
Family Income Benefit
Family Income Benefit is a life insurance policy which is set for a period of time known as the term. If you die within this period the policy will pay out a regular tax free income until the end of the term. For example if you have a 20 year policy and die within 5 years the policy will pay out the remaining 15 years.
Expert Advice
Getting a mortgage can be a challenging and complicated process. That’s why you need regular access to expert guidance and support from people you know you can trust. Our aim is to provide you with professional knowledge of the market and excellence in customer service whilst being on hand to help every step of the way.
We’re committed to helping you fully understand the broad range of options available to you so that you can work with us to make an informed decision about the product that is most suited to your individual requirements.
Contact Our Advisors
HEAD OFFICE
38-40 Doncaster Road
North Lincolnshire, DN15 7RQ
Hours
Monday - Friday
07:00 - 17:30
Saturday
09:00 - 12:30
Contact
01724 276000
enquiries@riachfinancial.co.uk
Details submitted through this form are confidential. We will process any personal information collected in this form in accordance with our Privacy notice. The information therein is used only to contact you to discuss the areas you've expressed an interest in.
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We can also deal with clients face-to-face in one of our 10 offices. We can also deal with client and prospects over the telephone or by video chat.
HULL
100 Alfred Gelder Street, Hull
East Yorkshire, HU15 2AE
BEVERLEY
15A Wednesday Market
Beverley, HU17 0DH
LONDON
Spaces Victoria, 25 Witton Road
Victoria, London, SW1V 1LW
GRIMSBY
10 Dudley Street, Grimsby
North Lincolnshire, DN31 2AB
NEWCASTLE
The Pearl, New Bridge Street
Newcastle upon Tyne, NE1 8QQ
YORK
Blake House, 2A St Martins Lane
York, YO1 8LN
LINCOLN
17-21 West Parade
Lincoln, LN1 1NW
WILLERBY
1a Kingston Road, Willerby
East Riding of Yorkshire, HU10 6AD
BARTON
1 King Street
Barton-upon-Humber, DN18 5ER
ABOUT US
With us, progress means development. Financial and life planning that helps you to navigate life’s financial complications, free of financial ambiguity and safe in the knowledge that the professional team is at your side, every step of the way.
CONTACT US
Riach Financial Ltd
38-40 Doncaster Road
North Lincolnshire
DN15 7RQ
T: 01724 276000
E: enquiries@riachfinancial.co.uk
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Copyright 2023 Riach Financial Ltd
All rights reserved
Appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority
The information given in this website does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision. The FCA does not regulate some forms of buy to let mortgages.
If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email. Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (FOS).
Riach Financial LTD is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority. FCA Register No 966934. Registered in England under reference 13361374. Calls may be recorded for training and monitoring.