Safeguarding future income against sickness and providing financial protection against a critical illness or death can too easily be postponed. Unfortunately, if the unexpected happens to you it is too late and, with changing working patterns, fewer people can rely on their employer for more than short term help.

Candour will guide you through the options and as independent financial advisers we research the market to select the most cost effective policy to protect you.
 
Ask yourself these questions:

• Who will pay the family bills if I were to die?

• How would I manage financially if I fell sick for a long time?

• For how long would my employer continue paying income?

• Would a cash sum help if I were diagnosed with cancer or similar serious illness?

Life Assurance
Wherever you live in the world, most people prefer not to think about life without their partner. Yet every day many families suffer the loss of their main income earner.
 
These days, most people have life cover in place, to cover a mortgage for example, but in many cases there is little else left to provide for the families future.
 
Nothing can make up for the loss of a loved one but the last thing a surviving partner, and any children, need at such a time is the worry of how to survive the loss financially - to clear immediate debts and secure an income for the future.
 
Not just the basics of everyday living such as food, heating (or cooling!), and clothing, but the extras we often to for granted can suddenly become unaffordable. How to pay for the annual holiday, music and sports lessons, school trips - all of these can become problems if not taken into consideration.
  
Critical Illness
Thanks to advances in medical science, more and more people are surviving illnesses which in the past would probably have proved fatal. Many people have friends or relatives who have suffered a heart attack or cancer but, with the right treatment and lots of rest, have made an excellent recovery. Great news of course, but what happens to the family finances in the meantime?
 
Whatever your age or circumstances, a critical illness could have catastrophic effect on your financial health. If you are unable to work whilst you were recovering or perhaps were never able to work again, all your financial commitments, such as mortgage repayments, would still continue.
 
You may already have some protection, perhaps in the form of life assurance, but this will only provide benefit if you die from a critical illness, not if you survive.
 
Income Replacement

There's never a right time for falling seriously ill or being involved in an accident. It is never part of the picture, never planned but it can happen to anyone.
 
When illness brings you to a stop, it can rapidly bring your income to a stop too. However, nothing stops the bills! Continuing to pay the mortgage, car loan, fuel and food bills (not to mention the medical treatment) costs money - money which illness or injury makes it virtually impossible to earn.
 
If you are self employed and you are unable to go out to work, your income will cease immediately.
 
If you are an employee, your salary will not be paid indefinitely during long periods of illness. In the Middle East, the standard pay is for just 2 weeks - barely enough time to recover from a bad cold!
 
What would happen to you, your family and way of life if illness cut short your ability to earn?

Candour Consultancy works with the worlds leading Life Assurance providers to bring the expatriate an unsurpassed range of protection products and options.