Life can be tricky, especially when it comes to finances, and especially these days with the ever-growing cost of living. In these situations, we often review our outgoings, and it can be tempting to consider cancelling your protection insurance.

If you’re facing financial difficulty, we strongly recommend speaking to your Financial Adviser. They’re experts and can help assess your finances and come up with a plan to help. They might even suggest ways to reduce your monthly protection policy premiums, making sure that you and your family remain protected.

It can be easy to think that cancelling your direct debit is the only option you have to save money. Please remember that if you cancel and try to take out a policy at a later date, not only will premiums have increased because you’re older, but if you’ve suffered a serious illness in the meantime, you may not be able to get cover again. Your financial adviser is best placed to help you make the right decision.

Ways to get help
Speak to your Financial Adviser

They’re experts and can help you come up with a plan.

Email us

Email us at or complete our online form.

Phone us

Call us on 0808 123 1821

Lines are open 9am – 5pm, Monday to Friday.

Useful links

Here are some links to other charities and organisations that may be able to help you.

Citizens advice (
Money advice service (
National debtline (

These links are to external organisations and Guardian is not responsible for their content.