Protection Insurance Advice in Falmouth, Cornwall
Nobody likes to think about the worst happening – but if illness, injury, or death were to affect you or someone you love, would your family be financially secure? Protection insurance exists to make sure that even in the most difficult of circumstances, money isn’t something your loved ones have to worry about. It’s one of the most important financial decisions you can make, and yet it’s one that many people put off for far too long.
David Medland is an independent Chartered Financial Planner based in Falmouth with over 15 years’ experience helping individuals, families, and business owners across Cornwall find the right protection cover for their needs. As a whole-of-market adviser, David isn’t tied to any single insurer – meaning he searches across the market to find cover that genuinely fits your life, your health, and your budget. Whether you need life insurance, critical illness cover, income protection, or business protection, David will take the time to understand your situation and recommend a solution that gives you real peace of mind.
The right protection cover costs less than most people expect - and the cost of not having it can be devastating.
Getting the Right Protection Cover in Falmouth Is Simpler Than You Think
Step 1:
Book Your Free Initial Consultation
Getting started is straightforward. Call David to arrange your free, no-obligation consultation – at his Falmouth office or over a Teams call, whichever works best for you. There’s no pressure and no commitment. David will simply take the time to listen to your situation, understand what matters most to you, and explain the types of protection available that could be relevant to your needs.
Step 2:
We Assess Your Needs Together
David will work through your personal and financial circumstances with you – your income, your family situation, any existing cover you hold, and what gaps might exist. He’ll help you understand exactly what risks you’re exposed to and what level of cover would give you and your family genuine financial security, without paying for cover you don’t need.
Step 3:
Receive Your Personalised Protection Recommendation
Once David has a full picture of your needs, he’ll search across the market and present you with a clear, tailored recommendation – explaining each option in plain English so you can make a confident, informed decision. There’s no rush, and nothing is put in place until you’re completely happy. David is also on hand to review your cover as your circumstances change over time.
Frequently Asked Questions
What types of protection insurance are available?
There are several main types of protection insurance, each covering a different risk. These include life insurance (pays out a lump sum on death), critical illness cover (pays out on diagnosis of a specified serious illness), income protection (replaces a portion of your income if you’re unable to work due to illness or injury), and family income benefit (provides a regular income rather than a lump sum). David will help you understand which types are relevant to your circumstances.
Do I really need protection insurance if I have savings?
Savings can help in the short term, but a serious illness or long-term inability to work can quickly deplete even substantial savings. Protection insurance is designed to cover scenarios where the financial impact would be significant and prolonged – providing a level of security that savings alone often can’t match, particularly for families with a mortgage or dependants.
I’m young and healthy – do I still need cover?
In short, yes – and this is actually the best time to arrange it. Protection insurance is almost always cheaper when you’re younger and in good health, and taking it out early locks in lower premiums for the duration of the policy. Many people delay until a health issue arises, at which point cover can become more expensive or harder to obtain.
Can protection insurance cover my mortgage?
Yes. Life insurance and critical illness cover can be structured specifically to protect your mortgage, ensuring that if you die or are diagnosed with a serious illness, the outstanding balance is paid off. This is often referred to as mortgage protection and is something many homeowners in Falmouth arrange when they take out or remortgage their home.
Can my business be protected too?
Absolutely. Business protection is an important but often overlooked area of financial planning. Relevant life insurance, key person cover, and shareholder protection can all help ensure that a business can continue to operate – and that the right people are financially protected – if a director, partner, or key employee dies or becomes seriously ill.
How much does protection insurance cost?
The cost of protection insurance varies depending on the type of cover, the level of cover, your age, your health, and your lifestyle. Many people are surprised by how affordable it is – particularly when arranged through an independent adviser who can search the whole market for the most competitive premiums. David will always ensure any recommendation is affordable and appropriate for your budget.
What if I already have cover through my employer?
Employer-provided cover (such as death in service benefit) can be a valuable starting point, but it typically only remains in place for as long as you stay with that employer. It’s worth reviewing whether your existing workplace cover is sufficient for your needs, and whether a personal policy would provide more reliable, long-term security. David can review your existing cover as part of the initial consultation.
Is your protection insurance advice independent?
Yes. David is a fully independent financial adviser with access to protection products from across the market. His recommendations are based entirely on your needs – not on which insurer offers the highest commission.