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Frequently Asked Questions

Your Queries Answered

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We understand you might have questions before deciding on the best protection plan for your business. Here are answers to some of the most common questions we receive. If you don't find what you're looking for, please don't hesitate to contact us directly.

  • What types of businesses benefit most from Hammond Financial's services?

    Our services are specifically designed for SMEs, particularly those in high-stakes sectors like dental practices along with a wide range of businesses. We tailor our solutions to meet the unique needs of these businesses, ensuring comprehensive protection.

  • How do I know which protection services are right for my business?

    We begin with a thorough consultation conducted by our experts to understand the specific needs and risks of your business. Based on this assessment, we recommend a customised suite of services that best fits your requirements.

  • What is included in the Private Medical Insurance?

    Private Medical Insurance covers a range of health services including general medical consultations, specialist treatments, surgery, and sometimes even mental health services. Plans can be tailored to include more specific needs depending on your preferences and requirements.

  • How is Key Person Cover calculated?

    Key Person Cover is determined by several factors, including the individual’s role in your business, their contribution to your revenue, and the potential cost of replacing them. We work closely with you to ensure the coverage meets your strategic business needs.

  • Can I adjust my business protection plan once it's in place?

    Absolutely. We understand that businesses evolve, so we offer flexible plans that can be adjusted as your business grows and your needs change. Our team is here to assist with modifications to ensure your coverage always matches your current situation, which is why we provide a free annual review.

  • How long does it take to set up a business protection plan?

    The time to set up a plan varies depending on the complexity of your business needs. Typically, it takes a few weeks from initial consultation to policy implementation. We strive to make this process as efficient as possible.

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Need More Help?

Our team is ready to provide you with personalised support and guidance. If you have further questions or need detailed information, please reach out to us.

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