Lifetime Planning News & Blog

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Lifetime Planning offer mortgage and protection advice. Freephone 0800 43 53 49 or email us at updates@lifetimeplanning.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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Posted by on in Insurance

Life Insurance can be confusing especially with the different jargon that gets used. All you want to do is make sure you've setup the right cover for you and your family. Our blog sets out to answer some of those most asked questions about life insurance.

  1. What types of cover can I get?

    • Level Cover
      • This means the amount of cover and the premium you pay is fixed when your plan starts, and doesn’t change.
    • Decreasing Cover
      • This type of cover is designed to cover the reducing amount on a capital and interest repayment mortgage. The amount of cover will go down each month, but the premium you pay is fixed when your plan starts and never changes.
    • Joint or Single Cover
      • You can choose to take out a plan that covers just yourself, or your spouse, civil partner or someone you share a financial commitment with.
  1. What’s the difference between level cover and decreasing cover?

    Level life cover provides the same amount of cover throughout the term of the policy. For example, if you chose £150,000 over the next 30 years and died in the last year, you’d get the full £150,000.

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Life Without Insurance – Would You Run the Risk?

Could you and your family cope financially if the worst was to happen and you could not earn a living? Read on for our infographic on Critical Illness and Income Protection – Would You Run the Risk?

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Lifetime Planning takes part in Wear a Hat Day for Brain Tumour Research

Today, we took part in Wear a Hat Day for Brain Tumour Research!  Wear a Hat Day takes place all over the UK. Our taking part is to help raise awareness and vital funds for this pioneering charity.

Scott Kennedy, CEO at Lifetime Planning, said: “The diagnosis of a brain tumour is devastating news to receive. Not only for the individual, but their family and friends as well. We are proud to help fund the fight against this disease which takes children from their parents and parents from their children before their time."

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[definition] Critical Illness Cover pays out when the worst happens and you’re diagnosed with a serious illness such as cancer or stroke.

At the age of 37, one of our clients received the worst news. She had been diagnosed with thyroid cancer. The worst diagnosis you could ever receive. Sadly, there are 980 cases of cancer diagnosed every day*.

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Posted by on in Insurance

Critical Illness Cover - Do you need it?

Could you and your family cope financially if the worst was to happen and you were to become seriously ill and could not earn a living?

Click on the image for a larger version

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Income Protection Cover - Do you need it?

If you are unable to work because of illness, injury or disability - could you still pay your mortgage, bills or other living expenses?

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All the different insurance types can seem confusing. Check out our image below for an overview of different life insurance types and how they can help you. 

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Movember – Don’t Bury Your Head in the Sand

This month men all over the country will be growing out their facial hair for Movember as a fun way to raise awareness of men’s cancer and mental health risks.

We all think “It won’t happen to me”. Well as much as men might like to bury their head in the sand and pretend that’s the case, the facts are somewhat different.

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Posted by on in Insurance

Global Treatment in real life

With worsening hearing loss in his right ear and a diagnosis of a rare benign tumour Ian was facing surgery. However he was in no pain and had no other symptoms. Feeling confused and uneasy, Ian contacted Best Doctors.GlobalTreatment

Best Doctors gave Ian access to surgical expertise

An MRI scan revealed an acoustic neuroma, a rare yet benign brain tumour that occurs on the nerve connecting the inner ear to the brain.

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Put your life insurance on expenses.

Relevant Life Cover is potential tax efficient level term cover which can be used to cover anything from your mortgage to family protection. View our infographic below for more.

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How long would you survive on your savings?

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A recent study from Shelter revealed that more than a third of families (37%)1 in England could not afford to pay housing costs for more than one month if they lost their income and 23% of working families would be unable to pay housing costs at all.

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It Pays to Review Your Life Insurance – Our Client’s Story

We got in touch with our client for a routine review of her life and critical illness insurance, she didn't realise she could claim for a big pay-out.


It pays to review you life insurance

Our client took out decreasing life and critical illness insurance in December 2013. She took out the policy to help her cope financially in case the worst happened and she became critically ill.

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Posted by on in Insurance

Life Insurance - Do You Need it?

Could your children, partner or relatives survive without your income? Would they have enough to cover the mortgage or other living expenses? Life insurance pays out a lump sum or monthly payment to your family in the event of your death.

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Global Treatment – Getting the best treatment from around the world

With serious illnesses like cancer and heart conditions becoming all too common, it’s only natural that you would want the most accurate diagnosis possible and access to the very best advice and treatment.

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Life after cancer - considering the true costs

This blog isn’t to scare you. This topic isn’t something you want to think about (none of us do). This blog is however to make you aware that it is important to be protected – important for you and your family to be protected.

  • An estimated 2 in 5 people in Scotland will develop some form of cancer during their lifetime.1
  • The number of people living with cancer in the UK in 2015 has increased by almost half a million in the last five years.2

The table below shows up-to-date statistics on the most common cancers in Scotland.3

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Worrying is like putting an umbrella up when it isn’t raining…


Recently, one of our protection consultants told me about a case that she had been working on.

The client had come to us in 2012 to arrange a mortgage and was advised to consider her options in regards to life protection. Maybe she felt she didn’t need it, being in her early 30s, like most of us thinking that it’ll be something we may need in the future. But after some consideration she decided to take out a life and critical illness policy.   

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