PROTECT WHAT MATTERS.
Expert Advice you can Trust
Protect yourself, your assets and your business with our vast range of protection solutions. We know this may feel like an extensive list but there could be a product here to suit you. And complemented with our tailored service we can help provide you with peace of mind. All our protection will have a free will provided as part of the service.*
*Will writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business. Will writing is not regulated by the Financial Conduct Authority.
Services we provide:
Life insurance products offer cover up to age 90, with a maximum policy length of up to 50 years. Depending on your needs, the amount of cover and the length of the policy can be selected. Joint lives and single life insurance coverage is available, which can be paid monthly or annually.
Family and Personal Income
This protection plan is specifically designed to provide you and your family with a monthly benefit in the event of your death or if you are diagnosed with a specified critical illness during the term of the plan
Whole of Life Plan
Whole of life insurance – sometimes called whole of life assurance – is a type of policy that guarantees an insurance provider will pay out a lump sum to your family when you die, whenever that might be. It does what it says on the tin, and covers the whole of your life, provided you’ve continued to pay your premiums
Critical Illness Cover
The critical illness cover we advise on provides protection for you and your family if you become seriously ill. We know everyones circumstance is different so we can tailor plans and make adjustments to suit you and your situation.
Income Protection Benefit
An insurance policy that can help support you with a monthly payment if you’re ill or injured and can’t work. It pays a proportion of your lost earnings, which could help cover your monthly outgoings. So you’re able to focus more on getting better and back to work.
Low Start Income Protection
Shares many of the same features as our Income Protection Benefit, but the premiums they pay start lower and increase each year with age The cover is designed for those who want to help protect against a loss of income, if unable to work due to incapacity caused by illness or injury, while covered by the plan.
Rental Income Protection Benefit
This policy will provide a regular monthly benefit to help cover your home rent payments if you are unable to work because of an illness or injury. resulting in a loss of earnings, while covered by the plan.
Rental Life Insurance
We advise on a rental life insurance plan which will provide a regular monthly benefit to your surviving family to help cover home rent payments in the event of your death.
Executive Income Protection
Executive Income Protection can help small business by protecting against the financial impact of their employees incapacity on the business. Cover can include the employee’s earnings, dividends and P11D benefits.
If a shareholder in your private limited company, member of your Limited Liability Partnership (LLP) or partner in your partnership were to die, could you afford to purchase their share of the business?
Key Person Cover
Key Person Cover allows you to protect your business from the financial impact of losing a key employee (including owners/managers), whose death or illness would have a significant impact on the financial position of the business.
Key Person Income
Your business like all businesses has valued employees whose skills, knowledge, experience or leadership make a considerable contribution to your businesses success. If these employees were lost it may create an immediate and even long lasting negative financial impact.
Business Loan Protection
This insurance product helps you pay your outstanding overdraft, loan or commercial mortgage, in the event of a diagnosis of a terminal illness with life expectancy less than 12 months, a critical illness, or in the event of your death during the term of your policy.
Relevant Life Plan
A Relevant Life Plan is a life insurance plan taken out by an employer on the employees behalf, to provide an individual death in service benefit for their employees.