Protection products provide piece of mind in the event of illness, disability or death. They are designed to meet your specific financial needs relevant to your life journey. The range of options is extremely varied and designed to cover your changing life circumstances. If structured correctly, they can also be tax efficient.Examples include providing a financial lump sum to repay a mortgage or debts in the event of death. Or providing a lump sum to help mitigate an inheritance tax liability. Protection can also include a regular income or lump sum in the event of inability to work owing to sickness or disability, or insurance to cover medical costs.