It's important to think through the "What If" questions. What would happen to your family if you were injured or critically ill, or if you died? We'll help you work up a plan for:
Your family protection plan can provide a lump sum (or income) to replace any lost income due to death. It might include:
We'll guide you in making the right choices so that your loved ones have some security if anything happens to you.
Life assurance is a key cornerstone of any financial plan, giving you peace of mind that your dependents have some financial security on your death.
Critical Illness cover is designed to pay a lump sum on diagnosis of a critical illness such as cancer. It can be used to replace lost income, or to pay for medical fees/treatments. Critical illness cover allows you to focus on getting better without worrying about money.
Being diagnosed with a critical illness will most often come out of the blue - and will probably have a big impact on both your family and your finances.
By having critical illness insurance cover could provide financial protection if you're diagnosed with an illness covered by the policy. It could help you pay for any specialist medical bills and care you require while you're ill, and/or help you compensate for any loss of income that may result from you not being able to work.
During an already difficult time, critical illness cover could take a huge weight off your shoulders and make a real difference to your final time with your family.
What would happen if you became too ill to work? How would you survive financially?
Having income protection means that your income is replaced if you're unable to work due to long-term incapacity. Income protection supplements any employer arrangements, which will not usually continue over along period of absence. State benefits may be available but are very limited.
Mortgage Protection can help if you get into disarray with your mortgage repayments.
Mortgage Protection will provide a lump sum to repay any contractual liabilities including a mortgage. Usually the cover will only last for the outstanding mortgage or loan term. This is a relatively simple & cost effective protection plan.
What does it do?
If you get ill, private medical insurance can pay for certain medical consultations, treatment and surgery, so that you don’t need to rely on the NHS. As well as providing a safety net and peace of mind, it can also give you more choice as to where you’re seen and by whom; clean, modern hospitals; private rooms; and access to advanced cancer drugs that aren’t universally available through the NHS.
Let’s talk through your personal requirements, motivations and budget to find the right ‘fit’ for you. Our independent status means we can analyse the whole market place to source the most appropriate and cost-effective solution, and help you reach an informed decision that’s right for you and yours.
Our policies can protect individuals, families and businesses, both in the UK and abroad. Private medical insurance is quite a complex product – it’s best to get specialist advice. Talk to us about how this might work for you – and let’s keep talking as your needs change.
3 Tips on Buying Private Medical Insurance
If you’re new to private medical insurance, start by reading the Association of British Insurers' guide Are You Buying Private Medical Insurance?
When you're diagnosed with a severe and debilitating disease it can be very daunting and stressful. Long Term Care insurance will provide assistance to those suffering, usually of chronic and incurable conditions. Unfortunately the NHS are unable to cover all the costs associated with such conditions so the need for this benefit is very real and relied upon heavily.
La Playa’s intelligent approach to financial services is founded on absolute integrity, an in-depth understanding of our clients, a high calibre team of advisers and a commitment to excellence in service.
Investing with Intelligence
Together with our sister company La Playa Ltd, we offer a joined-up approach, with insurance and other financial services all under one roof.
Get in touch - our initial consultation is free, and it could be the best move you make this year.