If in doubt, it pays to ask the question
Our story below highlights one of the most important reasons our Advisers like to talk to you regularly. Your life journey can change for so many reasons over the years, some fantastic great experiences and some experiences you would prefer to hit the delete button on - especially those that involve ill health.
Your Adviser can be that person who can be there to reassure you especially if you hold insurance policies; they often cover more situations than you think.
At Lifetime we understand the impact that these health situations can have on you both emotionally and financially. Your Adviser can be that person who can be there to reassure you especially if you hold insurance policies; they often cover more situations than you think.
We recently had one of our Advisers move from Auckland to our Blenheim office. He was contacting clients in the area for the first time to introduce himself. During one telephone conversation with a client, the lady disclosed that she sadly had cancer, so it wasn’t worth them having a review, she knew she had life cover in place but that would be for her family when she was gone. Fortunately, we asked a few more questions and quickly realised that the life cover the lady had in place also had a terminal illness benefit attached. This meant the life policy could be paid out if signed off by a medical practitioner as to life expectancy.
Documentation was prepared and submitted, to the delight of the family who were already suffering greatly with the realisation that next year was going to be a completely different picture.
They received $200,000 from the life insurance policy and now can now achieve things together on the bucket list that they hadn’t previously thought possible. The life policy also had a financial planning provision included so her family can have a full financial plan prepared to be able to map out their financial journey ahead.
Please remember if you have any doubts as to what your policies would provide for, just ask one of the team at Lifetime - we are here to help.
Do You Have a Toxic Relationship with the Phrase “Treat Yourself”?
The phrase “treat yourself” has become a modern mantra. It’s a great way to celebrate a milestone, reward a job well done, or break free from your everyday routine. However, when it comes to our bank accounts, treating yourself can sometimes cause more harm than good.
One small indulgence leads to another, and before you know it, the lines between self-care and overspending blur. You might walk away from the register with a bag in hand but a sinking feeling in your stomach. Sound familiar?
Scroogenomics at Christmas: Finding Joy Beyond ‘The Extravagance’
Gazing through the dimly lit windows of his modest office, Ebenezer Scrooge pondered the modern-day Christmas, “Ah, Christmas – each December, a tide of frivolity sweeps the world, with consumers collectively parting with an estimated $1 trillion globally on holiday spending.”
Reflecting on this, the Scroogenomist wonders, “What if Christmas were not marked by gaudy extravagance, but by acts of kindness? A season where gifts are not measured by their price tags, but by the care and thoughtfulness behind them. A handmade scarf, a heartfelt letter, or simply the gift of time – all these carry more value than gold. How uplifting it would be if people prioritized what truly matters: love, compassion, and the joy of giving.”