What Would Happen to Your Loved Ones If the Unexpected Happened Tomorrow?
In Jersey's high-cost lifestyle — with average house prices around £571,000 — one serious illness, accident or loss can change everything. Protection planning is about securing the lifestyle you've worked so hard to build.
Why Jersey Residents Need Specialist Protection
Jersey offers unique financial advantages: no inheritance tax, no capital gains tax, and a maximum personal income tax rate of 20%. These benefits make the Island attractive — but they also mean you must build your own safety net.
The Four Pillars of Protection
Comprehensive protection tailored to your unique circumstances and Jersey's financial landscape
Life Insurance
Protecting Your Family and Legacy
Life insurance in Jersey pays a tax-free lump sum to your dependants if you die.
- Level Term – fixed sum assured for 10, 20 or 30 years
- Decreasing Term (Mortgage Protection) – cover reduces in line with your outstanding loan
- Whole of Life – guaranteed payout whenever it happens
Proceeds are usually free of Jersey tax and can be written in trust for even greater protection.
Critical Illness Cover
The Financial Buffer When Health Changes
A diagnosis of cancer, heart attack, stroke, MS or other core conditions can mean time off work, home adaptations, or private treatment.
- Tax-free lump sum (often £100k–£500k+) within 28 days of diagnosis
- Clear explanation of exactly which conditions are covered
- No jargon – just honest, transparent advice
Many clients use it to clear their mortgage, fund recovery time, or adapt their home.
Income Protection
Replacing Your Salary If You Cannot Work
Especially valuable for self-employed IFAs, consultants, tech professionals and business owners in Jersey.
- Pays up to 65% of your gross income (tax-free in most cases)
- Can continue until retirement age (usually 65 or 67)
- Own occupation definitions available
One of the most under-appreciated yet powerful tools we recommend.
Mortgage & Business Protection
Securing Your Property and Business
Tie decreasing term life/critical illness to your Jersey mortgage or protect your business interests.
- Decreasing term linked to your Jersey mortgage
- Relevant life cover for business owners
- Shareholder protection to keep businesses running
Comprehensive protection for both personal and business assets.
How We Do Protection Differently
We don't sell policies. We build Lifestyle Protection Plans that align with your Vision Board.
Money Storytypes Assessment
Understand your relationship with money and risk
Full Fact-Find
Income, debts, family goals, existing cover
Wealthspan Modelling
Dynamic cash-flow forecast showing protection needs
Independent Quotes
From all suitable Jersey insurers
Policy in Trust
Where appropriate for tax efficiency
Annual Review
Because life changes
“I thought protection was just a box to tick — you made it feel like part of my family's story.”
— Alex Forbes Client
Real Jersey Scenarios We've Helped With
Finance Professional
42-year-old St Helier professional with young children and a £650k mortgage
Solution:
Combined life + critical illness decreasing term
Self-Employed Consultant
Relocating from London to Jersey
Solution:
Income protection + family life cover
Business-Owning Couple
Based in Trinity with shared business interests
Solution:
Relevant life policies and shareholder protection
(Names changed for confidentiality)
Protection + Estate Planning = Complete Peace of Mind
Because Jersey has no inheritance tax, many clients combine protection with Jersey trusts or wills reviewed by local advocates. We work seamlessly with trusted legal partners so your lump-sum payout flows exactly where you want it — quickly and privately.
Take the Next Step — It's Simpler Than You Think
You don't need to become an insurance expert. You just need the right independent adviser.
Book your free Vision Board session today. In 45 minutes we'll map your values, run a protection health-check, and show you exactly what your family would need — all while enjoying a coffee overlooking the harbour.
Frequently Asked Questions
Is life insurance payout taxable in Jersey?
No — proceeds are tax-free for Jersey residents when paid to beneficiaries.
How much protection do I need?
We calculate based on your lifestyle, debts and goals — typically 10–20× annual income plus mortgage.
Can expats get cover in Jersey?
Yes — we specialise in cross-border situations for UK, EU and international clients.
Is critical illness cover worth it?
For most families in Jersey, yes. A single payout can prevent you selling assets or downsizing at the worst possible time.
How does Alex Forbes differ from other Jersey advisers?
Complete independence, 50-year local relationships, and a genuine Lifestyle Financial Planning philosophy that puts your values first.