Life insurance
is one of the
foundation blocks of any
Financial Planning

" We work with a carefully selected panel of insurers "

Life Insurance is one of the most important, simple, popular and cost effective way of ensuring that your
family or liabilities such as mortgages or loans are protected in case of your death.

THINK – WHAT WILL HAPPEN?

About Us

LifeLine Protect is committed to provide the best service to its clients.

About Us

We are a team that believe that insurance is the fundamental block of any families financial planning and strive hard to pass the message.

We don’t use fancy words to sell insurance to you. We talk your language and understand that you prefer to talk to someone who could explain the products in simple language. We make it a personal responsibility to make sure that YOU as a family are adequately protected.

Though we can’t protect you against the emotional loss in case of an unfortunate event but can definitely make sure you are adequately insured to cover the financial losses.

That’s one less thing to worry about !!!!!

Life insurance

Life insurance is the one of the foundation blocks of any financial planning.

Life Insurance

Life insurance is the one of the foundation blocks of any financial planning. Life Insurance is one of the most important, simple, popular and cost effective way of ensuring that your family or liabilities such as mortgages or loans are protected in case of your death.


There are different types of life insurance


You could select – Level term policy or deceasing term policies – Your insurance consultant will be the best person to recommend the appropriate type of cover for you.


Duration of life cover


Life insurance can be bought for a fixed term between 5 to 40 years and can run right up until your 90th birthday.


Single or Joint cover


Life insurance is available either as a single or a joint policy. If you were to take a joint policy for you and your partner, normally the insurer would pay out when the first person dies. Once the insurer has paid out the policy will finish, leaving the surviving partner uninsured.

The alternative is to take out two individual policies; this means you will both covered separately and the insurer will pay out for deaths. Running two policies can be more expensive but most insurers will give you extra discounts to help, give us a call to find out more about single or joint policies.


Life insurance prices


The cost of a life insurance policy is calculated based on your age and whether or not you are a smoker. Other factors that will affect your premium is how much you would like to be covered for, the type of policy (level or decreasing) that you are applying for and the length of time you wish to be insured for.

Serious illness insurance

Serious illness cover is similar to critical illness cover but rather than paying

Serious Illness Insurance

Serious illness cover is similar to critical illness cover but rather than paying out when a condition becomes critical you can receive an earlier pay-out depending on how severe the illness has become.

Here’s why you’re up to twice as likely to get a payout from us than a typical critical illness policy:

The alternative is to take out two individual policies; this means you will both covered separately and the insurer will pay out for deaths. Running two policies can be more expensive but most insurers will give you extra discounts to help, give us a call to find out more about single or joint policies


How Serious Illness Cover works


For most conditions, a typical critical illness policy would give you a payout for your full cover amount, or nothing at all. This can leave you with nothing to help you cope with an illness that's having an impact on your life. Serious illness cover give you a percentage of your cover amount depending on how severe your condition is.

If you make a claim for a condition that pays out part of your cover amount, serious illness cover keep covering you for the remaining amount. So if your condition gets worse, or you're diagnosed with a more severe condition, you can claim again. You can do this until you've used up your whole cover amount


Why you're more likely to get a payout with Serious Illness Cover


Serious illness cover more conditions than other insurers. They also cover earlier stages of certain conditions - in some cases, make partial payouts when you're diagnosed, rather than waiting until you have surgery or develop permanent symptoms. Together, these things mean you are more likely to get a pay out with our cover, than with a typical critical illness policy

Income protection insurance

Life insurance is available either as a single or a joint policy. If you were to take a joint policy for you and your partner

Income protection insurance

How would you pay the bills if you were sick or injured and couldn't work?

In case of an unexpected event, an income protection cover can help you to cope with the losses.

• Income protection provides a pre agreed income in case if you are not able to work due to long term sickness or injury.

• It is one of the most important type of insurance as the chances of loss of income due to long term sickness and injury is higher than death or any serious illness cover.

• You can have the peace of mind that if you get back to work in any reduced capacity the insurance will take care of the reduced income

• Select according to your budget. You can select a limited income protection or full income protection plan till retirement.

• The income protection payments are tax free and you could apply from 55% - 70 % of your gross income to be protected.

Private Medical Insurance

Serious illness cover is similar to critical illness cover but rather than paying out when a condition...

Private Medical Insurance

LifeLine Protect will help you to

• Identify the best private medical insurers

• Identify the most cost effective medical insurers

• Identify the most comprehensive covers in the market



Why should I buy a Private medical insurance ?


• Private medical insurance covers allows you to avoid NHS waiting lists and receive fast track consultations

• Private medical insurance covers can cove you for essential treatments, surgery, consultations, nursing and hospital care.

• Private medical insurance gives you the option of specialist referrals and access to the most effective drugs for treatment.

Whole of Life Covers

Whole of life insurance guarantees the payout of a lump sum whenever the policy holder dies.

Whole of Life Covers

GUARANTEED

whole of life plans to provide protection without any fixed term.

Whole of life insurance guarantees the payout of a lump sum whenever the policy holder dies. Traditional life insurance covers for a certain number of years like the term of mortgage or a fixed term. Whole of life insurance covers don’t have a term they payout on death as long as the monthly direct debit has been maintained.

In recent years the insurance companies have started providing guaranteed premium which makes sure that the clients can choose the most affordable premium which they can maintain even beyond retirement age.

We at LifeLine Protect are at hand to identify the most appropriate whole of life covers for you. It is a long term cover that may extend beyond your retirement age and hence it is equally important to get an expert advice.


Whole of Life insurance covers can be used to


• Provide a fixed amount of benefit to your dependents on death. Since death is guaranteed, the payout will be guaranteed

• Place cover to mitigate inheritance tax liability

• Provide cover for funeral costs

• Leave a legacy for the family

Building & Contents Insurance

Life insurance is available either as a single or a joint policy. If you were to take a joint policy for you

Building And Contents Insurance

Think if you are covered


• What will happen if your house burns down in a fire?

• What will happen if you have a flood?

• What will happen if there is a theft in your house?


Think if you are covered


LifeLine Protect deal with a panel of insurers who provide full comprehensive covers. We can ensure that if the worst happens you will be provided immediate assistance and support.


Building & Contents cover


• Fire, smoke, explosion, lightning, earthquake

• Malicious damage or vandalism

• Storm or flood

• Subsidence or heave

• Replacement Locks

• New for old replacement

• Escape of water or oil

• Alternative accommodation

• Property Owners Liability

• Occupiers' Liability

• Theft

• Contents

• Business Equipment

• Food in the freezer


You can also apply for some optional covers along with standalone building and contents insurance such as accidental damage, cover for personal possessions, home emergency covers cover any legal expenses too. We at LifeLine team will be happy to assist you in identifying the most suitable insurance cover for the family.

Privacy Policy

Lifeline Protect understands that your privacy is important to you and that you care about how your personal data is used.

Privacy Notice


BACKGROUND


Lifeline Protect understands that your privacy is important to you and that you care about how your personal data is used. We respect and value the privacy of all of our students and will only collect and use personal data in ways that are described here, and in a way that is consistent with our obligations and your rights under the law.



1 INFORMATION ABOUT US


Lifeline Protect is a limited company registered in England under company number 08719989. Our registered office is at 3 The Quadrant, Business Centre, Warwick Road, Coventry, CV1 2DY.. LifeLine Protect Limited is an appointed representative of Religare UK Limited which is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number 309439.LifeLine Protect Limited is entered in the Financial Services Register under reference number 607618

Email: info@lifelineprotect.co.uk

Telephone number: 02476016306



2. WHAT DOES THIS NOTICE COVER?


This Privacy Information explains how we use your personal data: how it is collected, how it is held, and how it is processed. It also explains your rights under the law relating to your personal data.



3. WHAT IS PERSONAL DATA?


Personal data is defined by the General Data Protection Regulation (EU Regulation 2016/679) (the “GDPR”) as ‘any information relating to an identifiable person who can be directly or indirectly identified in particular by reference to an identifier’. Personal data is, in simpler terms, any information about you that enables you to be identified. Personal data covers obvious information such as your name and contact details, but it also covers less obvious information such as identification numbers, electronic location data, and other online identifiers.

The personal data that we use is set out in Part 6.



4. WHAT ARE MY RIGHTS?

Your rights under the General Data Protection Regulation (GDPR) 2018


Under the General Data Protection Regulation 2018, you have various rights in relation to your information. Detailed below are your rights and a description of each one.


You have the right to:


Be informed – this means you have the right to be informed about the collection and use of your personally identifiable data – this is detailed above in more detail.

Have access to your information – you have the right to access your personally identifiable data and supplementary information. This will be provided free of charge. However, when a request is manifestly unfounded, excessive or repetitive we reserve the right to charge a fee. We may also charge a reasonable fee to comply with requests for further copies of the same information. You can request access to your information by emailing us at info@lifelineprotect.co.uk

Have personally identifiable information rectified – you have a right to have inaccurate personal data rectified, or completed if it is incomplete. We will inform you when any inaccurate information is corrected.

Erase your personally identifiable information – the right to erasure is also known as ‘the right to be forgotten’. You can make a request for erasure of information verbally or in writing. We will respond to your request within one month. The right is not absolute and only applies in certain circumstances. For example it does not apply when we have statutory or regulatory obligations to keep your data.

Restrict processing of personally identifiable data– you have the right to request the restriction or suppression of your personal data. This is not an absolute right and only applies in certain circumstances. When processing is restricted, we are permitted to store the data, but not use it.

Port your personally identifiable data – this right allows you to obtain and reuse your personally identifiable data for your own purposes across different services. It allows you to move, copy or transfer personally identifiable data easily from one IT environment to another in a safe and secure way, without hindrance to usability.

Object to the processing of your data – you have a right to object to the processing of your data for purposes of scientific or historical research and statistics, as well as for the purposes of direct marketing (including profiling).

Challenge any decision made by automated decision making – we will inform you when we are performing automated decisioning and when we do we will give you information about the processing activity. We will introduce simple ways for you to request human intervention or challenge a decision made by automated decision making.



5. INFORMATION SECURITY


We pride ourselves on treating your data with the utmost care and security. Our systems meet or exceed industry standards and we are constantly monitoring these to provide improvements where available.


We will never store passwords in plain text, nor will we allow anyone to access your data unless they have a justifiable reason to do so. All of our employees are background checked before they are granted access to your data.


Credit decisions, the prevention of fraud and money laundering


Your lender may use credit reference and fraud prevention agencies to help them make decisions. A short guide to what the lender does and how the lender, credit reference and fraud prevention agencies will use your information is detailed below. If you would like to read the full details of how your data may be used, please contact your lender.


A condensed guide to the use of your personally identifiable information by the lender and at credit reference and fraud prevention agencies


If you apply for a mortgage product through Lifeline Protect, we will provide the information we hold about you to your lender. The lender will use this information to help make its decision about whether or not to lend to you. This will involve checking the following records about you and others:


• Its own records;

• Those at credit reference agencies (CRAs); and

• Those at fraud prevention agencies (FPAs).


When CRAs receive a search request from the lender they will place a search footprint on your credit file that may be seen by other lenders. They supply to lenders both public (including the electoral register) and shared credit and fraud prevention information. Having multiple search footprints on your credit file may affect your ability to borrow in the future.


The lender will make checks such as assessing your application for credit and verifying the applicants’ identities to prevent and detect crime and money laundering. The lender may also make periodic searches at CRAs and FPAs to manage your account with them.


If you are making a joint application or tell us or the lender that you have a spouse or financial associate, the lender will link your records together, so you must be sure that you have your partner’s agreement to disclose their information. CRAs also link your records together and these links will remain on your and their files until such time as you or your partner successfully files for a disassociation with the CRAs to break that link.


Information on applications will be sent to CRAs and will be recorded by them. Where you borrow from the lender, the lender will give details of your accounts and how you manage it/them to CRAs. If you borrow and do not repay in full and on time, CRAs will record the outstanding debt. This information may be supplied to other organisations by CRAs and FPAs to perform similar checks and to trace your whereabouts and recover debts that you owe.


Records remain on file for 6 years after they are closed, whether settled by you or defaulted.


If you give false or inaccurate information and the lender suspects or identifies fraud, the lender will record this and may also pass this information to FPAs and other organisations involved in crime and fraud prevention.


If you have borrowed from the lender and do not make payments that you owe them, the lender will trace your whereabouts and recover debts.


The lender and other organisations may access and use the information recorded by fraud prevention agencies based in other countries.


Automated credit decisions


Your mortgage application may be assessed by the lender by the means of automated decision making and if it is declined we will endeavour to request from the lender the actual reason why the application has been declined. Once we know this reason we will contact you as soon as we are able to convey this to you.



6. WHAT PERSONAL DATA DO YOU COLLECT?


We collect the below information depending on the service we offer:


• Name, address and contact details;

• Employment details;

• Financial information such as banking details, salary, savings, and financial commitments; and

• Any other personally identifiable information necessary for the completion of a mortgage application.

• Identification and address verification;

• Payslips and contracts of employment;

• Self-assessment tax returns and tax year overviews;

• Bank statements;

• Your credit report.



7. HOW DO YOU USE MY PERSONAL DATA?


Under the GDPR, we must always have a lawful basis for using personal data. This may be because the data is necessary for our performance of a contract with you, because you have consented to our use of your personal data, or because it is in our legitimate business interests to use it. Your personal data will be used for the following purposes:


• Operate and manage mortgage/Insurance application(s) you consent to us making on your behalf;

• Carry out market research, profiling and business and statistical analysis including the formation of a view on you as an individual in order to service you and others better;

• Test our systems and develop our products (or any other similar purpose);

• Comply with any regulatory obligation we are obliged to;


We will always work to fully protect your rights and comply with our obligations under the GDPR and the Privacy and Electronic Communications (EC Directive) Regulations 2003, and you will always have the opportunity to opt-out.



8. HOW LONG WILL YOU KEEP MY PERSONAL DATA?



• All data pertaining to a completed mortgage application will be kept on our systems for 6 years after completion in line with our regulatory requirements;

• If you have not completed on a mortgage application yet we will keep your data on file for 2 years.

• All data (including special categories of date) relating to any Lifeline Protect Life Insurance products you take out; and

• We may also use your data for internal statistical analysis purposes, although we will anonymise this data.



9. HOW AND WHERE DO YOU STORE OR TRANSFER MY PERSONAL DATA?


We will only store or transfer your personal data in the UK. This means that it will be fully protected under the GDPR.



10. DO YOU SHARE MY PERSONAL DATA?


• Any regulatory/governmental body, ombudsmen or law enforcement agency who has jurisdiction;

• A mortgage lender; to allow us to make a mortgage application on your behalf;

• Any third parties that participate in your mortgage journey (e.g. solicitors, valuers and conveyancers);

• Life insurance Companies: to allow us to make an insurance application on your behalf.


We will ensure your data remains within the EEA and as a result is captured under the General Data Protection Regulation.


We do not share any information with out the consent of the Client.



11. HOW CAN I ACCESS MY PERSONAL DATA?


If you want to know what personal data we have about you, you can ask us for details of that personal data and for a copy of it (where any such personal data is held). This is known as a “subject access request”.


All subject access requests should be made in writing and sent to the email or postal addresses shown in Part 12. To make this as easy as possible for you, a Subject Access Request Form is available for you to use. You do not have to use this form, but it is the easiest way to tell us everything we need to know to respond to your request as quickly as possible. There is not normally any charge for a subject access request. If your request is ‘manifestly unfounded or excessive’ (for example, if you make repetitive requests) a fee may be charged to cover our administrative costs in responding.


We will respond to your subject access request within 14 days and, in any case, not more than one month of receiving it. Normally, we aim to provide a complete response, including a copy of your personal data within that time. In some cases, however, particularly if your request is more complex, more time may be required up to a maximum of three months from the date we receive your request. You will be kept fully informed of our progress.



12. HOW DO I CONTACT YOU?


To contact us about anything to do with your personal data and data protection, including to make a subject access request, please use the following details

Email: info@lifelineprotect.co.uk

Telephone: 02476016306

Post: 3 The Quadrant, Business Centre, Warwick Road, Coventry, CV1 2DY..



12. CHANGES TO THIS PRIVACY NOTICE


We may change this Privacy Notice from time to time. This may be necessary, for example, if the law changes, or if we change our business in a way that affects personal data protection. Any changes will be made available on our website – lifelineprotect.co.uk

LifeLine Protect Limited is an appointed representative of Religare UK Limited which is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number 309439


LifeLine Protect Limited is entered in the Financial Services Register under reference number 607618


LifeLine Protect Limited registered office address is 3 The Quadrant, Warwick Road, Coventry, CV1 2DY registered in England and Wales No. 08719989