Expat Financial Planning Blog - Keeping You Informed To Keep You Ahead

Expat Financial Planning Blog

A financial planning blog designed exclusively for expats

Our blog site is designed exclusively to inform on issues that relate to and impact expatriates around the globe.We cover a wealth of topics that include insurances - pensions - investments - estate planning and tax - all designed to keep you informed and up to date.

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CSM Ltd - Expat Financial Planning Blog Team

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Dive Instructor Fighting For Life After Stroke

Dive instructor & Oxford University maths graduate fights for life after massive stroke aged 39

A diving instructor is fighting for his life in a Thai hospital after suffering a stroke in his sleep.

Dan Robinson, 39, who is originally from Deighton, suffered a stroke on Ko Tao, an island in the Gulf of Thailand where he has been working as a dive instructor.

The former Greenhead College student, who has been living in Thailand for several years, was taken ill on Wednesday - a year to the day since he married his partner Jurait.

Cancer sufferer battles bosses who accused her of not working during life-saving treatment.

Cancer sufferer Eimear Coghlan battled bosses who accused her of not working during life-saving treatment.

Eimear Coghlan has won a £50,000 legal battle against her former employers after they harassed her for taking time off to get life-saving treatment.

Eimear Coghlan, 34, was made to work in a 'hostile and offensive' environment by her boss Poonam Dhawan-Leach after the pair clashed over her missing work.

Hospital trips to see cancer stricken son costs Overton mum thousands

Reece Holt, of Church Park in Overton, is nearing the end of a gruelling course of chemotherapy following his brain tumour diagnosis last year. Reece with mum Rachel.

A mum who spent £700 extra a month on petrol to visit her poorly son in hospital has backed a travel cost campaign to help other families.

Rachel O’Neil, from Overton, spent more on petrol to travel to Clatterbridge Hospital and Alder Hey Children’s Hospital in Liverpool where her son Reece Holt was receiving treatment for a brain tumour.

Bowel Cancer Stats Prove The Need For Critical Illness Protection

Fewer than 1 in 10 have critical illness insurance despite the immense need

Scottish Widows said it was “astonishing” fewer than one in 10 of the UK population have critical illness insurance, as it announced bowel cancer accounted for 12 per cent of all cancer-related critical illness claims it dealt with in 2014.

The company paid out more than £6.5m in critical illness claims relating to bowel cancer, and said the average age of diagnosis among males in 2014 was 50. For females the average age was 52.

Coinciding with April’s Bowel Cancer Awareness Month, Scottish Widows published the figures to emphasise the value and importance of financial protection.

Bowel cancer is the fourth most common cancer in the UK, with around 110 cases diagnosed every day. One in 14 men and one in 19 women will be diagnosed with this type of cancer during their lifetime.

David Hollingworth, associate director at London & Country, said “It’s more expensive than term assurance but that’s because we’re sadly more likely to be more affected by these critical illnesses. It can be invaluable cover to help deal with difficult and stressful situations,” he said.

Talking To Kids About Cancer

This FREE booklet is available for viewing or download

An often overlooked issue is the impact a cancer or critical illness can have on our children.

“Talking To Kids About Cancer” is a well researched and insightful FREE Booklet published by The Cancer Council Of Victoria and covers key topics essential for all parents confronted with their or their childrens’ diagnosis.

The book contains invaluable information and is considered a 'must-read' for anyone affected or believes they could become affected by cancer.

24 Year Old Scot Suffers Major Brain Injury Without Insurance

Brain injuries at any age are dramatic but at age 24 whilst overseas without insurance they become very problematic

In January 2016 Owen Auskerry - a 24 year old - from Scotland tragically suffered a brain aneurysm (a burst blood vessel) whilst in Thailand.

At the time of the incident Owen was flown from Nakhon Si Thammarat , some 380km , to a private hospital in Bangkok after a series of seizures.

Owen underwent a 3 1/2 hour brain surgery whilst his parents made arrangements to fly to the Thai capital to be by his side.

The medical costs rose steeply very quickly and concerns over his long-term care forced his family to turn to crowdfunding website GoFundMe for help.

It was further reported at the time that "The cost of his medical treatment in Thailand and the financial implications of his parents going out there to help look after him, as well to bring him home have been and will continue to be considerable".

Colon Cancer Patients Suffer Low Job Retention After Diagnosis

Colon cancer patients may experience low rates of job retention

After a colorectal cancer diagnosis, patients may experience low rates of job retention, according to a research letter published in JAMA.

Researchers from the University of Michigan Health System conducted telephone follow up calls with 567 employed stage III colorectal cancer patients to examine the link between access to paid sick leave and job retention and personal financial burden among this patient population.

The researchers reported that nearly 40% of US employees have no access to paid sick leave, although they believe it could reduce the need for unpaid sick time used during colorectal cancer treatment periods.

Cancer Diagnosis Can Make It Hard To Keep Your Job & Pay The Bills

Keeping a job, paying bills with breast cancer is not easy

Before she developed a breast tumor, Tara Cernacek assumed that anyone who was diagnosed with cancer would want to quit their job and stay home.

But that all changed with her own diagnosis.

"Work was a saving grace for me," Cernacek says. "It got me out of thinking about being sick. It made me feel productive. And it gave me the money for treatments."

After her breast cancer diagnosis, Tara Cernacek wanted to keep working for a "sense of normalcy.”

Cernacek isn't alone. Nearly three out of four cancer patients and survivors say they want to stay with their jobs and feel that work helps with recovery, according to a recent survey conducted by Harris Poll.

Like Cernacek, nearly two-thirds of survivors say that they needed to work through their treatment period to make it financially.

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