family protection Archives - Mortgage And Protection Advice

How to prepare financially for long-term illness

May 20, 2019
By GHL_ADMIN
In Financial Advisers, Income Protection, Insurance

While British life expectancy continues to rise, the same might not be said for the quality of health we could expect to enjoy as we get older, according to a stark warning from The British Heart Foundation. Their analysis suggests the number of people suffering heart attacks and stroke because of a rise in diabetes diagnoses could rise by 29% over the next two decades.

Deadline to Breadline

May 20, 2019
By GHL_ADMIN
In Financial Advisers, Income Protection, Insurance

For its latest ‘Deadline to Breadline’ report, Legal and General surveyed 2,000 full and part-time workers to assess how long they could survive on savings if their income stopped due to serious, or long-term illness, or death. The rather worrying answer was 32 days.

Become a Superhero in the eyes of our family

When he was younger one of my son’s favourite questions was; “if you could have any super power, what would it be?” He loved the idea of being a Superhero.

I think, deep down, we all like the idea of being a Superhero. Being able to do things others can’t; amazing things to help those around you.

Cost of raising a child

May 8, 2019
By GHL_ADMIN
In Financial Advisers, Protection Adviser

Advice on Protection

We all know raising a child can be expensive. Research has shown, the cost of raising a child to age 18 in the UK varies dependant on whether it’s a girl or boy, with boys coming in at £79,176 and girls a staggering £108,884.

Critical Illness Insurance

If you became critically ill and unable to work, could you cope financially?

Some things are more reliable than others – monthly bills, for example. Young or old, single or married, we all have financial obligations to meet each month; be it luxuries, like a satellite TV subscription or mobile phone contract, or the real essentials – like keeping a roof over your/your family’s head.

The importance of trusts

Trusts are usually simple to set up, but it’s important to select the right type of Trust.

What is a Trust?

A Trust helps ensure a pay-out goes to the people you’d like to benefit from your protection policy – should the worst happen. As the ‘settler’ (the person who creates the Trust), you can choose the people who will benefit (the ‘beneficiaries’). The Trust defines how and when they can receive the money from the insurance company.
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Tag : family protection