Top Financial Choice Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority. Top Financial Choice Ltd is a company registered in Northern Ireland (NI640611) whose registered office is situated at 120 Craigs Road, Carrickfergus, County Antrim, Northern Ireland, BT38 9XA.

The information and content within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Waiver of premium

If you are unable to work due to illness or accident, your premiums could be paid for you. This benefit can be added to life, critical illness or income protection policy for an additional cost, although some policies have it already included.

Guaranteed premium

Guaranteed premiums are premiums that stay the same for the whole term of your policy unless you alter your plan. So you'll always know what your premiums will be. 

You can also have reviewable premiums. With reviewable premiums the insurer has the right to increase the monthly premium they charge for providing cover. The insurer will periodically ‘review’ your premiums and with most insurers the premiums will be guaranteed not to change in the first 5 years but could go up significantly thereafter.

Total Permanent Disability

An optional benefit that can be added to Critical Illness Cover to become one of the specific conditions covered under your critical illness cover plans. It would usually pay out in the event of you becoming totally and permanently unable to work due to accident or sickness, or suffering with a serious and irreversible medical condition which prevents you from ever working again.


Indexation provides cover that increases each year with no further underwriting. This protects against rises in the cost of living, making sure you have cover you need now and in the future. If you choose to add this option to your policy, every year, you will be given the option to increase the amount you are insured for, in line with any change in the Average Weekly Earnings measure, in the Retail Prices Index (RPI) or 5% or 10% (depending insurer) without the need for further medical evidence. If this option is chosen the premium will also increase.

Guaranteed insurability option

Your life, critical illness policy or income protection may include a guaranteed insurability option that enables you to increase your cover, following the events listed below, without giving the insurer any more details about your health or activities. These events include: increasing your mortgage, getting married or divorced, giving birth or adopting a child, increasing your salary (subject to terms and conditions of a particular insurer).


A trust is a legal document that allows you to specify what will happen to your money after your death.
If your life insurance policy is written in trust, any payout will go to the trustees you have chosen, who will then ensure the funds are distributed to the people you would like to benefit from the policy (the beneficiaries). 

Putting your life insurance policy in trust gives you control over who will benefit and also can help mitigate or reduce Inheritance Tax (IHT) liability. It also helps to ensure they receive the money quickly. 

If you're thinking of putting a life policy in trust, please talk to us first. We can tell you if it’s the right choice for you, which type of trust is most appropriate for your circumstance – and help you put the trust in place. 

The Trusts services promoted here are not part of the Openwork offering and are offered in our own right. Openwork Limited accept no responsibility for this aspect of our business.

 Trusts are not regulated by the Financial Conduct Authority.


Life Insurance

The lifestyle of your loved ones may be seriously compromised if you die. Life insurance provides financial security for your family in a form of a single lump sum or a regular income in the event that you pass away. The term and the sum assured of insurance should be personalised to your individual circumstances.

Critical Illness Cover

Most people believe that a critical illness will never happen to them, but most of us know of someone that has been affected. Critical illness cover is designed to provide a payment in the event of you being diagnosed of a specified illness and you can use the money towards medical treatment, your mortgage or anything else you choose. Children’s critical illness cover is included at no extra cost.

Income Protection

Income protection cover is designed to pay a regular income if you are unable to work because of accident or sickness. It pays you a monthly income, to help replace some of your lost earnings (usually up to a maximum of 60% or 65% of your annual income before tax), and helps you and your family cope financially if you could not work. It can start as early as from the first day of you being off work.

Accident Protection

You can try changing your lifestyle or job to reduce the chance of being involved in an accident but also you can protect your family against the financial impact of an unexpected accident. Accident Protection provides cash payouts if you or your children suffer an accident that causes a range of accidental injuries or hospitalisation.

Business Protection

Business insurance provides essential protection to help create a secure, viable and compliant enterprise, which you have worked for so hard. Cover can be tailored to your business, whether it is small or large.


It is important that you manage the risks in life whether this will be on ill health, critical illness or premature death as any of these will mean that your long term plans will be compromised. Knowing where to start and what budget to set for your protection can be a complicated matter. Our consultants will be happy to advise you on most suitable solution.