Login

Growth Resilience: Thrive Uninterrupted

Growth Resilience: Thrive Uninterrupted 2026

Architecting Resilience: Why true personal growth, thriving relationships, and enduring financial stability in 2025 demand more than ambition. Uncover the proactive strategies and protective plans, from family income benefit to private health access, that empower your life's journey against unforeseen challenges and ensure your personal evolution continues, even when one in two people in the UK will face a cancer diagnosis in their lifetime.

In our fast-paced world, the pursuit of growth is relentless. We strive for career progression, deeper relationships, personal development, and financial freedom. We create vision boards, set ambitious goals, and hustle to make our dreams a reality. Yet, in this forward-looking charge, there’s a common, critical blind spot: the failure to build a foundation strong enough to withstand life's inevitable shocks.

Ambition is the engine, but resilience is the chassis and suspension. It’s the framework that keeps you moving forward when the road gets rough. True, sustainable growth isn't just about reaching new heights; it's about having the capacity to absorb setbacks—be they financial, health-related, or personal—and continue your journey uninterrupted.

This is 'Growth Resilience'. It’s the conscious decision to architect a life that doesn't just plan for success but also prepares for adversity. With sobering statistics from Cancer Research UK reminding us that one in two people born after 1960 will be diagnosed with some form of cancer in their lifetime, ignoring the "what ifs" is no longer a viable strategy. It’s time to move from a reactive mindset to a proactive one, building a fortress of support around your ambitions so that your personal evolution never has to stop.

The Modern Paradox: Ambitious Goals, Fragile Foundations

We live in an age of unprecedented opportunity and crushing pressure. Social media paints a picture of constant achievement, while the economic landscape demands ever-increasing performance. The result? A generation of highly ambitious individuals often running on fumes, their grand plans built on surprisingly fragile foundations.

The Office for National statistics (ONS) regularly highlights the state of the nation's wellbeing. Recent data from late 2023 and early 2024 continues to show that a significant portion of the adult population—around one in five—experiences some form of anxiety or depression. Financial stress is a major contributor. A 2024 survey by the Money and Pensions Service found that millions of UK adults feel overwhelmed by their financial situation, a feeling that directly inhibits their ability to plan for the future, take calculated risks, or even enjoy the present.

This is the modern paradox: we chase growth, but the anxiety of losing it all prevents us from truly thriving. We want to climb the mountain, but we’ve forgotten to pack a first-aid kit or check our safety ropes.

What happens to your business plan if you're diagnosed with a serious illness? How do you pay the mortgage if an injury stops you from working for six months? How does your family maintain their quality of life if your income suddenly disappears? For many, the answer is a frightening unknown. This is where the concept of 'Growth Resilience' becomes not just a nice idea, but an absolute necessity.

The Four Pillars of Personal Resilience

Resilience isn't a single trait but a multi-faceted system. To build a life that can withstand shocks, we need to focus on four interconnected pillars. When one pillar is weak, the entire structure is compromised.

  1. Mental & Physical Wellbeing: This is your core engine. It's impossible to pursue your goals with clarity and energy if your health is failing. This pillar is built on consistent, proactive habits:

    • Nutrition: A balanced diet fuels your brain and body. It’s not about restriction, but about mindful, nourishing choices.
    • Activity: The NHS recommends at least 150 minutes of moderate-intensity activity a week. This isn't just for physical health; exercise is a powerful antidepressant and stress-reducer.
    • Sleep: The foundation of all recovery. Aim for 7-9 hours of quality sleep per night to improve cognitive function, mood, and immunity.
    • Mindfulness: Practices like meditation, journaling, or simply taking quiet time can reduce stress and increase self-awareness.
  2. Strong Relationships: Your personal support network. In times of crisis, friends, family, and community are your emotional safety net. Nurturing these connections during good times ensures they are strong when you need them most. Sharing your ambitions and your anxieties with trusted individuals can provide perspective and strength.

  3. Purpose & Adaptability: Having a "why" provides direction and motivation. It’s your reason for getting up in the morning. However, true resilience also requires adaptability—the ability to pivot when your original plan is no longer viable. It's about being committed to your destination but flexible about the route.

  4. Financial Stability: This is the cornerstone that underpins all other pillars. Without financial resilience, a health crisis can quickly become a financial catastrophe, placing immense strain on your wellbeing and relationships. Financial stability isn’t about being wealthy; it’s about having a plan and a safety net to manage financial shocks. This is where protection insurance transitions from a theoretical concept to a practical, empowering tool.

At WeCovr, we believe in supporting our clients' holistic wellbeing. That's why, in addition to helping you build your financial resilience, we also provide our customers with complimentary access to CalorieHero, our AI-powered calorie and nutrition tracking app. It's a small way we can help you strengthen that first, crucial pillar of physical health on your journey to uninterrupted growth.

Laying the Financial Foundation: An Introduction to Protection Insurance

For many, "insurance" is a word associated with mundane necessity—a grudge purchase you hope you'll never need. It’s time to reframe this thinking. Protection insurance is not an expense; it's an investment in certainty. It is the architectural blueprint for your financial resilience.

Imagine building your dream home. You wouldn’t start choosing paint colours and furniture before you’ve laid a solid, deep foundation. To do so would be to build a beautiful structure destined to collapse at the first sign of trouble.

Your financial life is that house. Your income is the land, your goals are the architectural plans, and your lifestyle is the interior design. Protection insurance is the foundation. It's the concrete and steel that ensures whatever storms may come—illness, injury, or worse—your home, and the people in it, remain secure.

The main types of personal protection insurance form the bedrock of this foundation:

  • Income Protection: Replaces your income if you can't work.
  • Critical Illness Cover: Provides a lump sum if you're diagnosed with a serious condition.
  • Life Insurance: Pays out to support your loved ones when you're gone.

Let's explore how these tools empower your journey.

Protecting Your Income: The Bedrock of Your Lifestyle

Your ability to earn an income is your single most valuable asset. It pays for everything: your mortgage or rent, your bills, your food, your children's needs, and your future goals. If that income were to stop suddenly due to illness or injury, how long could you cope financially?

For many, the answer is "not long". Statutory Sick Pay (SSP) in the UK provides a minimal safety net, but at just over £116 per week (2024/25 rate), it is rarely enough to cover even basic living costs.

This is where Income Protection (IP) becomes essential.

What is Income Protection? Income Protection is an insurance policy designed to pay you a regular, tax-free monthly income if you are unable to work because of illness or injury. It continues to pay out until you can return to work, reach retirement age, or the policy term ends—whichever comes first. It is, without a doubt, the most comprehensive form of sickness cover available.

Who Needs It Most? While everyone who relies on their income can benefit, it's particularly vital for:

  • The Self-Employed & Freelancers: You have no employer sick pay to fall back on. If you don't work, you don't get paid.
  • Company Directors: Your income may be a mix of salary and dividends, which needs specialist protection.
  • Those with Limited Employer Sick Pay: Many companies only offer a few weeks or months of full pay. IP is designed to kick in when your employer's support runs out.
  • Tradespeople, Nurses, and those in Physical Jobs: You face a higher risk of injury that could prevent you from performing your specific role.

Understanding Key IP Terms:

  • Deferment Period: This is the waiting period before the policy starts paying out, chosen by you. It can range from 4 weeks to 52 weeks. You typically align this with any employer sick pay or savings you have. A longer deferment period means a lower premium.
  • Benefit Amount: You can usually cover 50-70% of your gross annual income. This is to ensure you have an incentive to return to work.
  • Definition of Incapacity: This is crucial. The best policies use an 'Own Occupation' definition. This means the policy will pay out if you are unable to perform your specific job. Other, less robust, definitions might only pay if you can't do any job, which are much harder to claim against.
Financial Support ComparisonWeekly AmountNotes
Statutory Sick Pay (SSP)£116.75Maximum of 28 weeks. Taxable.
Employment and Support Allowance (ESA)Variable, approx. £90-£138Means-tested benefit. Complex application.
Typical Income Protection£2,500 / month (tax-free)Based on £50k salary. Can pay until retirement.

Real-Life Scenario: Meet Sarah, a 35-year-old self-employed architect earning £60,000 a year. She suffers a serious back injury in a cycling accident and is told she won't be able to work at her desk or visit sites for at least nine months.

  • Without IP: Sarah's income stops immediately. After a few months, her savings are depleted. She struggles to pay her mortgage and business overheads, causing immense stress that hinders her recovery.
  • With IP: Sarah chose a policy with a 3-month deferment period. After this time, her IP policy starts paying her £3,000 per month, tax-free. This covers her mortgage, bills, and living costs. She can focus entirely on her rehabilitation without the terror of financial ruin. Her business and personal growth journey are paused, not derailed.
Get Tailored Quote

Shielding Against Serious Illness: Critical Illness Cover Explained

While Income Protection safeguards your regular cash flow, Critical Illness Cover (CIC) is designed to deal with the immediate and significant financial impact of a life-changing diagnosis.

That "one in two" statistic about cancer is a stark reminder of our vulnerability. Add to that the fact that in the UK someone has a stroke every five minutes and a heart attack every eight minutes (source: British Heart Foundation), and the need for a financial shield becomes crystal clear.

What is Critical Illness Cover? CIC pays out a one-off, tax-free lump sum if you are diagnosed with one of a list of specified serious illnesses defined in the policy. The number of conditions covered has grown significantly over the years, with comprehensive policies now covering over 50 conditions, and some even more than 100.

The "big three" conditions that make up the majority of claims are:

  • Cancer
  • Heart Attack
  • Stroke

However, policies also typically cover conditions like Multiple Sclerosis, Parkinson's disease, major organ transplant, and permanent paralysis.

How Can the Lump Sum Be Used? The power of CIC lies in its flexibility. The money is yours to use as you see fit, providing financial freedom at a time of immense emotional and physical stress. People often use the payout to:

  • Pay off a mortgage or other debts: Removing the biggest financial burden allows you to focus on recovery.
  • Cover medical costs: While the NHS is incredible, a CIC payout could fund private treatment, specialist drugs not available on the NHS, or complementary therapies.
  • Adapt your home: Making modifications like installing a ramp or a wet room.
  • Replace lost income: Allowing you or your partner to take extended time off work to manage treatment and recovery.
  • Fund a change in lifestyle: Reducing working hours or taking a less stressful job after recovery.
Common Critical Illnesses CoveredTypical Payout Trigger
CancerSpecific definitions of severity; excludes less advanced cases.
Heart AttackBased on specific clinical criteria (e.g., troponin levels).
StrokeResulting in permanent neurological deficit.
Multiple Sclerosis (MS)Diagnosis with symptoms by a consultant neurologist.
Major Organ TransplantBeing placed on the official UK waiting list.

Many modern policies also include Children's Critical Illness Cover at no extra cost, providing a smaller payout if your child is diagnosed with a specified condition. This can help parents take time off work to care for their child without financial worry.

Securing Your Family's Future: Life Insurance and Family Income Benefit

The final pillar of the protection foundation is about what happens when you're no longer there. Life insurance is an act of love—a way to ensure that the people who depend on you are financially secure after you're gone.

Types of Life Insurance: The most common forms are designed to meet specific needs:

  • Decreasing Term Assurance (DTA): This is the cheapest form of life cover. The amount of cover reduces over the policy term, designed to run alongside and pay off a repayment mortgage.
  • Level Term Assurance (LTA): The amount of cover remains fixed throughout the policy term. This is ideal for covering an interest-only mortgage, providing a set legacy for your family, or covering a period of high financial dependency (e.g., until your children are financially independent).
  • Whole of Life Assurance: This policy has no end date and is guaranteed to pay out whenever you die. It's often used for Inheritance Tax (IHT) planning or to leave a guaranteed inheritance.

A Modern Alternative: Family Income Benefit (FIB) For many young families, the idea of a huge lump sum payout can feel abstract. A more practical and often more affordable solution is Family Income Benefit (FIB).

Instead of paying a single lump sum, FIB pays out a regular, tax-free monthly or annual income to your family, from the point of claim until the policy term ends. This directly replaces your lost income, making budgeting and financial management much simpler for the surviving partner.

| Lump Sum (LTA) vs. Regular Income (FIB) | | :--- | :--- | | £300,000 Level Term Assurance | £1,250/month Family Income Benefit | | Single large payout. | Regular income stream. | | Requires careful investment/management. | Easier for budgeting and managing bills. | | Could be spent too quickly. | Replicates a salary for stability. | | Generally more expensive. | Often more affordable for the same level of security. |

Advanced Planning: Gift Inter Vivos Insurance For those planning their estate, Inheritance Tax is a key concern. If you gift a large sum of money or an asset to someone, it is considered a "Potentially Exempt Transfer". If you die within seven years of making the gift, it may be subject to IHT. A Gift Inter Vivos policy is a specialist life insurance plan designed to pay out a lump sum to cover this potential tax bill, ensuring your beneficiaries receive the full value of your gift.

Special Considerations for Business Leaders & The Self-Employed

If you run your own business, your personal and professional resilience are intrinsically linked. A personal crisis can jeopardise your company, and a business crisis can devastate your personal finances. Fortunately, there are specialist protection policies designed for this very purpose, offering significant tax advantages.

At WeCovr, we have extensive experience helping company directors and business owners navigate this complex area to find the most efficient and effective protection.

Business Protection PolicyWhat It DoesKey Benefit
Key Person InsuranceA policy taken out by the business on a crucial employee. Pays a lump sum to the business if that person dies or suffers a critical illness.Helps the business cover lost profits, recruit a replacement, or repay loans.
Relevant Life CoverA death-in-service policy for an individual employee (including a director), paid for by the company.The premiums are typically an allowable business expense, and the benefit is paid tax-free to the employee's family via a trust. Highly tax-efficient.
Executive Income ProtectionAn income protection policy paid for by the company for an employee/director.Premiums are an allowable business expense. Benefits are paid to the company, which can then continue to pay the employee's salary through payroll. Can offer more comprehensive cover than a personal plan.
Shareholder ProtectionProvides a lump sum to the remaining shareholders to buy the shares of a deceased or critically ill shareholder.Ensures business continuity and that the departing shareholder's family receives a fair value for their stake in the business.

These policies are not just "business expenses"; they are strategic tools that safeguard the future of the enterprise you have worked so hard to build.

Beyond the Payout: The Added Value of Modern Insurance

Today's protection policies are about much more than just a cheque in a crisis. Insurers now compete on the value-added benefits and support services included with their plans, often available from the day your policy starts.

These 'living benefits' can be incredibly valuable and directly support your personal resilience:

  • Virtual GP Services: 24/7 access to a GP via phone or video call. This helps you get medical advice quickly without waiting for an appointment, reducing anxiety and leading to faster treatment. With NHS waiting lists in England standing at over 7.5 million in early 2024, this immediate access is a game-changer.
  • Second Medical Opinion Services: If you receive a serious diagnosis, these services allow you to have your case reviewed by a world-leading specialist, providing peace of mind or alternative treatment options.
  • Mental Health Support: Many policies now include access to a set number of counselling or therapy sessions, providing vital support for stress, anxiety, and depression.
  • Rehabilitation Support (IP): Insurers have a vested interest in helping you recover and return to work. Top income protection policies provide access to physiotherapists, occupational therapists, and career coaches to support your recovery journey.
  • Health & Wellbeing Apps: Access to fitness programmes, nutrition advice, and health tracking tools.

When choosing a policy, it's crucial to look beyond the price and consider the value these ancillary benefits can bring to you and your family, both day-to-day and in a crisis.

Architecting Your Own Resilience Plan: A Step-by-Step Guide

Building your personal fortress of resilience is a proactive process. Here’s a simple guide to get you started on strengthening your financial foundations.

  1. Assess Your Current Situation: Get a clear picture of your finances. What is your monthly income? What are your essential outgoings (mortgage/rent, bills, food)? What debts do you have? How much do you have in savings? Who depends on you financially?

  2. Identify the Gaps: Run a personal 'stress test'. What would happen if your income stopped tomorrow for six months? How would the bills get paid? What if you were diagnosed with a serious illness and needed to take a year off? How would your family cope financially if you were no longer around? The answers will highlight your vulnerabilities.

  3. Define Your Priorities: You may not be able to afford to cover every eventuality perfectly from day one. Prioritise. Is the most critical thing to ensure the mortgage is paid? Is it to replace your income? Or is it to leave a legacy for your children?

  4. Explore Your Options: Use the information in this guide to understand the different types of cover. Think about which products best match your priorities. For example, a young family might prioritise Income Protection and Family Income Benefit. Someone with a large mortgage might focus on Critical Illness Cover and Decreasing Term Life Insurance.

  5. Seek Expert Advice: This is the most important step. The protection insurance market is complex, with hundreds of products from dozens of insurers, all with different definitions and features. An independent protection adviser, like our team at WeCovr, will take the time to understand your unique situation, needs, and budget. We can then search the entire market to find the most suitable policies for you, explain the small print, and manage the application process from start to finish. This ensures you get the right cover, not just the cheapest.

  6. Review Regularly: Your protection needs are not static. Life events like getting married, having children, buying a new house, or getting a pay rise all change your circumstances. It's vital to review your cover every few years, or after any major life event, to ensure it still provides the right level of protection.

Conclusion: From Ambition to Uninterrupted Growth

The pursuit of personal and professional growth is a noble and exciting journey. But a journey without a map, a compass, and a safety net is a reckless one. In 2025 and beyond, the most successful, fulfilled, and resilient individuals will be those who embrace a proactive approach to their wellbeing and financial security.

Architecting your resilience is not about dwelling on the negative. It's the ultimate act of optimism. It's the confidence that comes from knowing you have put robust plans in place to protect yourself, your lifestyle, and your loved ones from the unexpected. It’s the freedom to take calculated risks, to chase ambitious goals, and to live your life to the fullest, secure in the knowledge that your journey of growth can continue, uninterrupted.

Don't let your ambition be built on fragile foundations. Build your fortress today, and empower a lifetime of thriving tomorrow.

Your Questions Answered

Isn't protection insurance really expensive?

This is a common misconception. The cost of cover depends on many factors, including your age, health, lifestyle (e.g., whether you smoke), the type of cover, the amount of cover, and the policy term. For example, a healthy 30-year-old could get significant life insurance cover for the price of a few cups of coffee a week. Family Income Benefit is also a very affordable way to protect a young family. An adviser can help tailor a plan to fit your specific budget.

Do I need a medical exam to get cover?

Not always. For many people, cover can be arranged simply by answering a set of health and lifestyle questions on the application form. For larger amounts of cover, older applicants, or those with pre-existing medical conditions, the insurer may request more information, such as a report from your GP or a mini-medical screening (e.g., a nurse visit to check your height, weight, and blood pressure), which is paid for by the insurer.

What if I have a pre-existing medical condition?

It is still possible to get cover. You must declare any pre-existing conditions on your application. The insurer may offer you cover on standard terms, increase the premium, or place an exclusion on the policy relating to your condition. In some cases, they may decline to offer cover. A specialist adviser is invaluable here, as they know which insurers are more likely to offer favourable terms for specific conditions.

Will the insurer actually pay out?

Yes, the vast majority of claims are paid. According to the Association of British Insurers (ABI), in 2023, protection insurers paid out over 97% of all claims, totalling more than £6.8 billion. The main reason claims are denied is "non-disclosure"—where the customer failed to provide accurate information about their health or lifestyle at the time of application. This is why honesty and accuracy during the application process are paramount.

How much cover do I need?

There's no single answer, as it's entirely personal to your circumstances. A common rule of thumb for life insurance is to cover 10 times your annual salary, but a more accurate calculation would factor in your mortgage, other debts, and your family's future living costs. For income protection, you can cover 50-70% of your gross income. The best way to determine the right amount of cover is to speak with a financial adviser who can conduct a thorough needs analysis with you.

Related guides

Why life insurance and how does it work?

What is Life Insurance?

Life insurance is an insurance policy that can provide financial support for your loved ones when you or your joint policy holder passes away. It can help clear any outstanding debts, such as a mortgage, and cover your family's living and other expenses such costs of education, so your family can continue to pay bills and living expenses. In addition to life insurance, insurance providers offer related products such as income protection and critical illness, which we will touch upon below.

How does it work?

Life insurance pays out if you die. The payout can be in the form of a lump sum payment or can be paid as a replacement for a regular income. It's your decision how much cover you'd like to take based on your financial resources and how much you'd like to leave to your family to help them deal with any outstanding debts and living expenses. Your premium depends on a number of factors, including your occupation, health and other criteria.

The payout amount can change over time or can be fixed. A level term or whole of life policy offers a fixed payout. A decreasing term policy offers a payout that decreases over the term of the cover.

With critical illness policies, a payout is made if you’re diagnosed with a terminal illness with a remaining life expectancy of less than 12 months. While income protection policies ensure you can continue to meet your financial commitments if you are forced to take an extended break from work. If you can’t work because you’ve had an accident, fallen sick, or lost your job through no fault of your own, income protection insurance pays you an agreed portion of your salary each month.

Income protection is particularly helpful for people in dangerous occupations who want to be sure their mortgage will always be covered. Income protection only covers events beyond your control: you’re much less likely to be covered if you’re fired from your job or if you injure yourself deliberately.

Questions to ask yourself regarding life insurance

Just ask yourself:
👉 Who would pay your mortgage or rent if you were to pass away or fall seriously ill?
👉 Who would pay for your family’s food, clothing, study fees or lifestyle?
👉 Who would provide for the costs of your funeral or clear your debts?
👉 Who would pay for your costs if you're unable to work due to serious illness or disability?

Many families don’t realise that life, income protection and critical illness insurance is one of the most effective ways to protect their finances. A great insurance policy can cover costs, protect a family from inheriting debts and even pay off a mortgage.

Many would think that the costs for all the benefits provided by life insurance, income protection insurance or critical illness insurance are too high, but the great news is in the current market policies are actually very inexpensive.

Benefits offered by income protection, life and critical illness insurance

Life insurance, income protection and critical illness insurance are indispensable for every family because a child loses a parent every 22 minutes in the UK, while every single day tragically 60 people suffer major injuries on the UK roads. Some people become unable to work because of sickness or disability.

Life insurance cover pays out a lump sum to your family, loved ones or whomever you choose to get the money. This can be used to secure the financial future of your loved ones meaning they would not have to struggle financially in the event of your death.

If it's a critical illness cover, the payout happens sooner - upon diagnosis of a serious illness, disability or medical condition, easing the financial hardship such an event inevitably brings.

Income protection insurance can be very important for anyone who relies on a pay check to cover their living costs, but it's especially important if you’re self-employed or own a small business, where your employment and income is a bit less stable. It pays a regular income if you can't work because of sickness or disability and continues until you return to paid work or you retire.

In a world where 1 in 4 of us would struggle financially after just four weeks without work, the stark reality hits hard – a mere 7% of UK adults possess the vital shield of income protection. The urgency of safeguarding our financial well-being has never been more palpable.

Let's face it – relying on savings isn't a solution for everyone. Almost 25% of people have no savings at all, and a whopping 50% have £1,000 or less tucked away. Even more concerning, 51% of Brits – that's a huge 27 million people – wouldn't last more than one month living off their savings. That's a 10% increase from 2022.

And don't even think about state benefits being a safety net. The maximum you can expect from statutory sick pay is a mere £109.40 per week for up to 28 weeks. Not exactly a financial lifeline, right?

Now, let's tackle a common objection: "But I have critical illness insurance. I don't need income protection too." Here's the deal – the two policies apply to very different situations. In a nutshell:

  • Critical illness insurance pays a single lump sum if you're diagnosed with or undergo surgery for a specified potentially life-threatening illness. It's great for handling big one-off expenses or debts.
  • Income protection, on the other hand, pays a percentage of your salary as a regular payment if you can't work due to illness or injury. It's the superhero that tackles those relentless monthly bills.

Types of life insurance policies

Common reasons for getting a life insurance policy are to:
✅ Leave behind an amount of money to keep your family comfortable
✅ Protect the family home and pay off the mortgage in full or in part
✅ Pay for funeral costs

Starting from as little as a couple of pounds per week, you can do all that with a Life Policy.

Level Term Life Insurance
One of the simplest forms of life insurance, level term life insurance works by selecting a length of time for which you would want to be covered and then deciding how much you would like your loved ones to receive should the worst happen. Should your life insurance policy pay out to your family, it would be in a lump sum amount that can be used in whatever way the beneficiary may wish.

Decreasing Term Life Insurance
Decreasing term life insurance works in the same way as level term, except the lump sum payment amount upon death decreases with time. The common use for decreasing term life cover is to protect against mortgage repayment as the lump sum decreases along with the principal of the mortgage itself.

Increasing Term Life Insurance
Increasing term life insurance aims to pay out a cash sum growing each year if the worst happens while covered by the policy. With increasing term life cover amount insured increases annually by a fixed amount for the length of the policy. This can protect your policy's value against inflation, which could be advantageous if you’re looking to maintain your loved ones’ living standards, continue paying off your mortgage in line with its repayment schedule and cover your children’s education fees.

Whole of Life Insurance
Whereas term life insurance policies only pay out if you pass away during their term, whole of life insurance pays out to your beneficiaries whenever this should happen. The most common uses for whole life insurance are to cover the costs of a funeral or as a vehicle for your family's inheritance tax planning.

Family Income Benefit
Family income benefit is a somewhat lesser-known product in the family of life insurance products. Paying out a set amount every month of year to your beneficiaries, it is the most cost-effective way of maintaining your family's living standards to an age where you'd expect them to be able to support themselves financially. The most common use would be for a family with children who are not working yet so are unable to take care of themselves financially.

Relevant Life Insurance
Relevant Life Insurance is a tax-efficient policy for a director or single employee. A simple level term life insurance product, it is placed in a specific trust to ensure its tax efficiency. The premiums are tax deductible and any benefit payable should a claim arise is also paid out tax free, which makes it an attractive product for entrepreneurs and their businesses.

Important Fact!

There is no need to wait until the renewal of your current policy.
We can look at a more suitable option mid-term!

Why is it important to get life insurance early?

👉 Many people are very thankful that they had their life, income protection, and critical illness insurance cover in place before running into some serious issues. Critical illness and income protection insurance is as important as life insurance for protecting your family's finances.

👉 We insure our cars, houses, bicycles and even bags! Yet our life and health are the most precious things we have.

Easily one of the most important insurance purchases an individual or family can make in their lifetime, the decision to buy life, income protection, critical illness and private medical health insurance can be made much simpler with the help of FCA-authorised advisers. They are the specialists who do the searching and analysis helping people choose between various types of life insurance policies available in the market, including income protection, critical illness and other types of policies most suitable to the client's individual circumstances.

It certainly won't do any harm if you speak with one of our experienced FCA-authorised insurance partner experts who are passionate about advising people on financial matters related to life insurance and are keen to provide you with a free consultation.

You can discuss with them in detail what affordable life, income protection, critical illness or private medical health insurance plan for the necessary peace of mind they would recommend! WeCovr works with some of the best advisers in the market.

By tapping the button below, you can book a free call with them in less than 30 seconds right now:

Our Group Is Proud To Have Issued 900,000+ Policies!

We've established collaboration agreements with leading insurance groups to create tailored coverage
Working with leading UK insurers
Allianz Logo
Ageas Logo
Covea Logo
AIG Logo
Zurich Logo
BUPA Logo
Aviva Logo
Axa Logo
Vitality Logo
Exeter Logo
WPA Logo
National Friendly Logo
General & Medical Logo
Legal & General Logo
ARAG Logo
Scottish Widows Logo
Metlife Logo
HSBC Logo
Guardian Logo
Royal London Logo
Cigna Logo
NIG Logo
CanadaLife Logo
TMHCC Logo

How It Works

1. Complete a brief form
Complete a brief form
2. Our experts analyse your information and find you best quotes
Experts discuss your quotes
3. Enjoy your protection!
Enjoy your protection

Any questions?

Life, income protection, and/or critical illness insurance are safety nets, very important at a difficult time. If anything happened to you before your cover ends, your life or critical illness insurance would pay a lump sum to your family and/or you (if you took a critical illness or income protection cover) to help cover the losses. Being diagnosed with a critical illness can be devastating, and it won't help matters to be also worrying about how you would cope financially. With a life, income protection, or critical illness policy, you can choose how much cover you need, how you want the policy to pay out, and whether you want cover for both you and your partner. Income protection insurance pays you a regular income if you can't work because of sickness or disability and continues until you return to paid work or you retire. Also known as permanent health insurance, it is quite important for anyone who relies on a paycheck to cover their living costs, but it's particularly important if you're self-employed or own a small business, where your income might be a bit less stable.

Life, income protection, and critical illness insurance pay out millions to families every day. Your expert will explain to you that you need to be honest and open when applying for your insurance.

If you're single with no dependants then it may be that you don't need life assurance. However, if you were to become seriously ill and unable to work, you may benefit from a critical illness or income protection policy. They can help you keep up to date with your rent, bills, food, and other expenses.

It's free to use WeCovr to find life, income protection, and critical illness insurance - we never charge you for quotes. Critical illness, income protection, and life insurance is an investment that pays many times over for you and/or your loved ones.

Life, income protection, and critical illness insurance are important financial products that insurance companies take a lot of care and diligence, so speaking to real human beings ensures that they understand your requirements fully so that you can get the right cover.

All of our partners are carefully vetted and authorised by the FCA, which means they are held to the highest standards that the FCA expects from them and treat all customers fairly!

Our insurance partners give us a few pounds when you take out a policy with one of their experts.

The cost of life insurance depends on several factors, including your age, occupation, health status, and the level of coverage you choose. Your life insurance policy is tailored to your needs, and the cost can vary based on the sum assured, policy term, and other factors.

Some life insurance policies offer an option to add critical illness cover as a rider or as a separate policy. This provides a lump sum payment if you are diagnosed with a critical illness covered by your policy, offering financial support during a difficult time.

Yes, life insurance is available to self-employed individuals to provide financial protection for their loved ones in the event of their death. It ensures that your family can maintain their standard of living and cover expenses such as mortgage payments, bills, and education costs.

If you outlive your life insurance policy and it expires without a claim, you will not receive any payout. Term life insurance policies are designed to provide coverage for a specific period, and once that period ends, the policy terminates without any residual value. However, you can typically renew or purchase a new policy if you still need coverage.

Critical illness insurance provides a lump sum payment if you're diagnosed with a serious illness covered by your policy, offering financial support during a difficult time. It can help cover medical expenses, mortgage payments, and other financial obligations while you focus on recovery.

Critical illness insurance covers a range of serious illnesses and medical conditions specified in your policy, such as cancer, heart attack, stroke, and organ failure. The lump sum payment can be used to cover medical treatment, ongoing care, and living expenses during your recovery.

The cost of critical illness insurance varies depending on factors such as your age, health status, lifestyle, and the level of coverage you choose. Our experts can provide personalised quotes to help you find affordable coverage.

Yes, you can have critical illness insurance alongside your health insurance coverage. Critical illness insurance provides additional financial protection specifically for serious illnesses, complementing your health insurance benefits.

Critical illness insurance policies typically have exclusions for pre-existing conditions and certain medical conditions not covered by the policy. It's essential to review the terms and conditions of your policy to understand what is and isn't covered.

Some critical illness insurance policies may provide coverage for recurring illnesses, while others may not. It's crucial to review the policy terms and understand the specific conditions under which you can make additional claims for recurring illnesses. Your insurer can provide more details on their coverage for recurring critical illnesses.

Yes, you can customise your life insurance policy to suit your individual needs and circumstances. Options may include choosing the sum assured, policy term, premium payment frequency, and additional riders for enhanced coverage.

If you miss a premium payment for your life insurance policy, your coverage may lapse, and your policy could be terminated. However, many insurers offer a grace period during which you can make the payment to keep your policy active. It's essential to contact your insurer to discuss your options if you're unable to make a payment.

Yes, you can typically change the beneficiary of your life insurance policy at any time by completing a beneficiary change form provided by your insurer. It's essential to keep your beneficiary designation up to date to ensure that the proceeds are distributed according to your wishes.

Term life insurance provides cover for a fixed period, such as 10, 20 or 30 years, and pays out a lump sum if you die during that time. It’s often chosen to protect a mortgage or to provide financial support while dependants still rely on your income. Whole-of-life insurance is designed to last for the rest of your life and guarantees a payout whenever you die, as long as premiums are maintained. It’s usually more expensive than term insurance and is sometimes used to help with inheritance tax planning or to leave a guaranteed legacy.

Some term life insurance policies offer the option to convert to a whole life insurance policy without the need for a medical exam or new underwriting. This conversion feature allows you to maintain coverage beyond the term of your policy and provides lifelong protection.

Some life insurance policies offer accelerated death benefits or living benefits that allow you to access a portion of the death benefit if you are diagnosed with a terminal illness. This feature provides financial assistance to help cover medical expenses and other costs during your final months.

While having savings can provide a financial cushion during tough times, income protection insurance offers additional security by replacing a portion of your income if you're unable to work due to illness or disability. It ensures that you can maintain your standard of living and cover essential expenses even if your savings are depleted.

Yes, self-employed individuals can claim income protection insurance if they're unable to work due to illness or disability. Income protection provides a regular income stream to replace lost earnings, helping self-employed individuals cover their living expenses and business costs during periods of incapacity.

The waiting period, also known as the elimination period, is the length of time you must wait after becoming unable to work due to illness or disability before you can start receiving benefits from your income protection insurance policy. Waiting periods typically range from 30 to 90 days, but longer waiting periods may result in lower premiums.

Income protection insurance is designed to provide financial support if you're unable to work due to illness or disability, not for redundancy. However, some policies may offer optional redundancy cover or unemployment cover as an additional benefit, providing a lump sum or monthly payments if you're made redundant.

The tax treatment of income protection insurance benefits depends on whether the premiums were paid with pre-tax or after-tax dollars. Benefits from policies funded with after-tax dollars are typically tax-free, while benefits from policies funded with pre-tax dollars may be subject to income tax. It's essential to consult with a tax advisor to understand the tax implications of your income protection insurance benefits.

Income protection insurance provides a regular income stream if you're unable to work due to illness or disability, while critical illness insurance provides a lump sum payment if you're diagnosed with a covered critical illness, such as cancer, heart attack, or stroke. Critical illness insurance offers financial support to cover medical expenses, living costs, or other obligations during your recovery.

Income protection insurance policies typically have a waiting period (also known as an elimination period) during which you do not receive benefits. If you become unable to work before this waiting period ends, you will not receive any income protection benefits until the waiting period has elapsed. It's important to have sufficient savings or other financial resources to cover your expenses during this initial period.

Many income protection insurance policies allow you to increase your coverage amount if your income rises, without the need for additional underwriting or medical examinations. This feature, sometimes called a 'guaranteed insurability option,' ensures that your coverage keeps pace with your increasing income and financial obligations.

The maximum age to purchase critical illness insurance varies depending on the insurer and the specific policy. While some insurers may offer critical illness insurance up to age 70 or beyond, others may have lower age limits. It's essential to check with insurers to determine their age eligibility criteria for purchasing critical illness insurance.

Whether you can get critical illness insurance if you have pre-existing conditions depends on the insurer's underwriting guidelines and the specific medical conditions. Some insurers may offer coverage with exclusions for pre-existing conditions, while others may decline coverage altogether. It's essential to disclose any pre-existing conditions when applying for critical illness insurance and discuss your options with insurers.

While health insurance provides coverage for medical expenses, critical illness insurance offers financial protection for broader expenses associated with a serious illness, such as lost income, household bills, and lifestyle changes. Critical illness insurance complements health insurance by providing additional financial support during a challenging time, ensuring that you can focus on recovery without worrying about financial burdens.

If you don't make a claim on your critical illness insurance during the policy term, you won't receive a benefit payout. However, having critical illness insurance provides peace of mind knowing that you're financially protected if you're diagnosed with a covered critical illness during the policy term. It's a form of financial preparation for unexpected events and offers valuable protection for you and your family.

If you outlive your critical illness insurance policy and don't make a claim for a covered critical illness during the policy term, the coverage will expire, and you won't receive a benefit payout. Critical illness insurance provides financial protection for a specific period, typically until a specified age or policy term, and offers peace of mind knowing that you're prepared for the unexpected.

Yes, many insurers offer optional riders or add-ons that you can add to your critical illness insurance policy for enhanced coverage. Common riders may include waiver of premium, which waives future premium payments if you become disabled, or return of premium, which refunds a portion of your premiums if you don't make a claim during the policy term. It's essential to review available riders with insurers to customise your coverage to meet your specific needs.

To make a claim on your critical illness insurance policy, you'll need to notify your insurer of your diagnosis and submit a claim form along with any required medical documentation, such as medical reports, test results, and physician statements. Once your claim is reviewed and approved by the insurer, you'll receive the lump sum benefit payment, which you can use to cover medical expenses, living costs, or other financial needs during your recovery.

As we age, the likelihood of encountering health complications increases for us all. In the event that you develop a severe medical condition, critical illness protection can assist with the expenses of crucial bills – enabling you to concentrate on recuperation or adjusting to your new health circumstance.

The typical expense of a Critical Illness protection policy will fluctuate based on aspects such as your age and medical background. As per our investigation, you can secure a policy starting from as low as £8 (for a non-smoking 21-year-old individual).

The most prevalent critical illnesses in the UK are cancer, cardiac arrest, and cerebrovascular accident (stroke).

Cancer is one of the primary causes for critical illness insurance claims in the UK. Cancer constitutes over 80% of critical illness cover claims for females and about 45% of critical illness claims for males.



...

Who Are WeCovr?

WeCovr is an insurance specialist for people valuing their peace of mind and a great service.

👍 WeCovr will help you get your private medical insurance, life insurance, critical illness insurance and others in no time thanks to our wonderful super-friendly experts ready to assist you every step of the way.

Just a quick and simple form and an easy conversation with one of our experts and your valuable insurance policy is in place for that needed peace of mind!

Important Information

Since 2011, WeCovr has helped thousands of individuals, families, and businesses protect what matters most. We make it easy to get quotes for life insurance, critical illness cover, private medical insurance, and a wide range of other insurance types. We also provide embedded insurance solutions tailored for business partners and platforms.

Political And Credit Risks Ltd is a registered company in England and Wales. Company Number: 07691072. Data Protection Register Number: ZA207579. Registered Office: 22-45 Old Castle Street, London, E1 7NY. WeCovr is a trading style of Political And Credit Risks Ltd. Political And Credit Risks Ltd is Authorised and Regulated by the Financial Conduct Authority and is on the Financial Services Register under number 735613.

About WeCovr

WeCovr is your trusted partner for comprehensive insurance solutions. We help families and individuals find the right protection for their needs.