Individual & Family Protection
Ward Goodman delivers protection strategies focused on understanding your family’s needs, so you’re covered when life’s unexpected.
- Comprehensive family protection cover to safeguard your loved ones.
- Bespoke income protection and life insurance solutions for your family.
- Free, no-obligation review to assess your protection needs and options.
Safeguard What Matters Most with Expert Family Protection Advice
Protecting your income, home, and family is an important part of long-term financial planning. At Ward Goodman, we provide clear, independent advice on protection solutions designed to safeguard your finances against unexpected events.
Our financial planners offer tailored guidance on critical illness cover, income protection, mortgage protection, and life insurance. Working across the whole market, we help you put the right cover in place to support financial resilience and peace of mind.
We support clients across the UK, with offices in Ferndown and Shaftesbury, offering face-to-face meetings in Dorset alongside remote consultations nationwide.
Meet Our Protection Specialists
Our protection specialists are committed to delivering tailored services, ensuring your financial needs are met with expertise and confidence.
Our Individual & Family Protection Services
Critical Illness Cover
Provides financial support if you are diagnosed with a serious illness, helping cover living expenses and medical costs.
Life Insurance
Ensures financial security for your loved ones in the event of your passing, helping to cover debts, household expenses, and future financial needs.
Mortgage Protection
Protects your home by covering mortgage repayments if you are unable to work due to illness or unforeseen circumstances.
Income Protection
Provides a regular income if you are unable to work due to illness or injury, ensuring financial stability during recovery.
Frequently Asked Questions
What is the difference between life assurance and life insurance?
Life assurance provides lifelong cover with a payout upon death, whereas life insurance cover typically covers a fixed term, such as the length of a mortgage. We help you choose the right option for your needs.
How does income protection work?
Income protection pays a regular income if you are unable to work due to illness or injury. Policies can be tailored to your employment benefits and ongoing financial commitments.
What is critical illness cover, and do I need it?
Critical illness cover pays a lump sum if you are diagnosed with a serious condition. It can help cover medical costs, adapt your home, or replace lost income, providing added financial security.
How does mortgage protection differ from life insurance?
Mortgage protection is a type of life insurance designed to clear your mortgage if you die or become seriously ill. It helps ensure your home remains secure for your family.
What happens to my pension if I get divorced?
In a divorce, pension assets can be divided through a pension sharing order or offsetting against other assets. Professional advice ensures a fair settlement.
Do I need both life insurance and critical illness cover?
Having both can provide more complete protection – life insurance covers death, while critical illness cover provides a payout if you survive a serious illness.
How much income protection cover do I need?
This depends on your monthly expenses, existing savings, and any benefits provided by your employer. A common approach is to cover 50 to 70 percent of your income. Learn more about income protection cover.
Can I change my protection policy later?
Yes – many policies allow changes to cover levels or beneficiaries, but terms and premiums may be affected.
Are life insurance payouts taxed in the UK?
Life insurance payouts are generally tax-free, but they may be subject to inheritance tax if not written in trust.
Can I have more than one protection policy?
Yes – you can hold multiple life, income protection, or critical illness policies, provided you meet each insurer’s underwriting requirements.
How Our Protection Specialists Can Help
Personalised Financial Protection
Our experienced advisers help individuals and families prepare for the unexpected by structuring financial protection that meets their unique needs.
Tailored Risk Coverage
We assess your financial circumstances, dependents, and future goals to recommend suitable policies that provide financial stability in case of illness, job loss, or bereavement.
Independent Insurance & Protection Solutions
Our independent approach means we can source life assurance, mortgage protection, income protection, and critical illness cover from the whole market, ensuring you get the most appropriate and cost-effective solutions.
Pension Sharing & Divorce Settlements
Additionally, we offer guidance on pension sharing options on divorce, helping you navigate financial settlements and ensuring long-term security for both parties.
The Process
Initial referral or inquiry
Whether you’ve been referred or inquired yourself, our team will reach out to you in a timely manner
Free consultation
We offer a no-cost, no-obligation meeting at one of our offices, or over the phone
Quote and setup
We’ll provide you with a tailored quote and when you’re ready, our tax advisors will begin services
Book a Meeting
If you would like to discuss further, please book a meeting with an experienced member of our team. Simply let us know when’s best for you and we will get in touch to arrange a suitable time.
Why Choose Ward Goodman?
Client satisfaction is paramount to us. We have a broad range of clients, and we endeavour to offer them the best tax planning service possible through continuous improvement and focus on doing things right the first time.
Experienced Advisors & Accountants
Our Dorset-based team can advise and support any size of business locally or nationwide.
Bespoke Financial Advice & Tax Planning Service Packages
Flexible, bespoke service covering all aspects of tax planning.
Access to a Full Team of Finance Experts
From our Financial Advisors to Pension Advisors.
Our Awards and Accreditations
Ward Goodman’s excellence in accounting and tax advice is validated by notable awards and accreditations within the UK financial industry.
AAT Qualified
Xero Certified
ICAEW Membership
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