LCP Life Continuity Plan

goms.hai@gmail.com

Can We Risk to Stop Heart for Few

Minutes ?
Even Many smart
People May Face This
Situation .
See Further .!

goms.hai@gmail.com

Born to Work
Mr. Young is a very
talented Executive in a
MNC
Earning Very Good
Salary

goms.hai@gmail.com

Planned for Future

Mr.Young is married
Blessed with 2 kids
(both doing schooling)
Mr.Young Disciplined in
his money management
He had done his
FINANCIAL PLANNING
with professional
guidance
goms.hai@gmail.com

Not All Eggs in One Basket

Mr.Young had diverted
his Funds to different
Assets Classes like
REALTY,
Gold,
SHARES,
MUTUAL FUNDS
BANK-FD
Insurance
ULIP

goms.hai@gmail.com

SOS Fundfor Emergency

Any Individual is
Supposed to maintain
3-6months Mandatory
Expenditure in Liquid
Funds (Bank SB) to
meet any Contigency.
Mr.Young did that also
and He Had Sufficient
Funds at his SB
Account
goms.hai@gmail.com

Go Hi-Tech User
Mr.Young had Ready
Accessability to all His
Financial Assets
through Internet or
Mobile
He Normally uses these
channels To Buy/ Sell
Assets, Transfer Funds
From his Bank A/c to
others A/c.
goms.hai@gmail.com

Well Prepared to Face Life

In short, Mr. Young has
Well Prepared to meet
Any Contingency
without Much of
Difficulties.

goms.hai@gmail.com

Everything is FineThen What?

On a Fateful Day when
Mr.Young was
Returning from his
Office, met with an
Accident!!!
He is Critically Injured
in Head and Lost his
Conciousness and put
on INTENSIVE CARE
goms.hai@gmail.com

Days Passed
Mr. Young had to Live in
Hospital for more than
90 days without any
Consciousness (COMA
Stage)
With all Hard Ships Mr.
Young's Family
managed the situation
to their Best.
goms.hai@gmail.com

10

Goddess Luck Smiles

Prayers Bring Smiles
back on His Familys
Faces
Mr.Young gets his
consciousness Starts
Talking
But He has Still Not
Back to Normal Life

goms.hai@gmail.com

11

The Nightmare & Family

Mr.Young starts to
know on Events that
followed his Cruel
Accident
His pain Doubled on
hearing the Difficulties
Met by his Family
during his NONAVAILABILITY
goms.hai@gmail.com

12

Unwanted Troubles
Most PAINFUL is the
Amount Spent on Hospital
was Very Very Huge
Employer Contributed to a
Limited Amount but Gap
was Very Wide Still
Some Good Friends Came
to help and Reduced Gap
Still Bigger Gap was to be
Bridged!!!

goms.hai@gmail.com

13

Unwanted Troubles
Mr.Youngs wife was
totally CLUELESS on
How to Raise Funds
though She Knew HER
HUSBAND has Saved
Money in Banks,
Shares etc.,
To Bridge the Gap of
Mr.YOUNGs wife
approached her InLaws & Parents
goms.hai@gmail.com

14

Unwanted Troubles
MRS.YOUNG was not clear
on Queries about Bank
Accounts Access, Fixed
Deposit Receipts (Invested
in Joint Names of Mr. &
Mrs.Young)
Infact She was Not even
knowing Which are the
banks her Husband is
Dealing with

goms.hai@gmail.com

15

Huge Money Loss

Ultimately Mrs.Young,
Her Parents & In-Laws
Borrowed huge amount
of money through
Lendors & Credit Card
Loans @ VERY HIGH
RATE OF INTEREST
Interest Amount on the
money borrowed came
was also very high
goms.hai@gmail.com

16

Unnecessary Loss & Strains

Mr.Young had almost double the amount
Required for his Treatment in Liquid
Investments.
Unfortunately It was not Accessible for his
Wife due to various reasons

goms.hai@gmail.com

17

See How it Happened

Mr.Youngs wife was having his ATM card
but not PIN (Personal Identification
Number), Hence money in his SB a/c
could not be drawn

goms.hai@gmail.com

18

 Mr.Young had Sizeable amount as Fixed

Deposit in his wife name but all the
Receipts (bonds) were kept in the Safe
Deposit Locker in his bank which his wife
is not aware. ( Locker can be operated by
his wife also)

goms.hai@gmail.com

19

 All his Shares and Mutual Funds were

invested through his Online Trading A/c
i.e., Internet A/C (or 3-in-1 account) in his
bank but His wife Did not know anything
about that and Mainly the Password of
the Online A/c Login

goms.hai@gmail.com

20

 More than the Money LOSS, Mr.Young

could not digest that
His Wife was put into ALL TROUBLES &
AGONIES Despite having Sufficient
Money

goms.hai@gmail.com

21

Mr.Young had one Question

In case I am NOT AVAILABLE for my
family temporarily or permanently

what my family should do ?

Answer is :
LIFE CONTINUITY PLAN

goms.hai@gmail.com

22

Do it Now!
Mr.Young Started Writing the a Document on How to
Face the Life in his Absence
LIFE CONTINUITY PLAN
He Narrated Step by step every aspect
What,where, who, whom, how, howmany, howmuch etc.,
His document contained All his Account Numbers,Locker
Numbers, Card Numbers, Insurance Policy Nos., Login
Names, Pass Words, Contact Person Details
But He also ensured it is Simple to understand
He Explained LCP to his Wife in detail
Preserved the Document in a Safe Place at Home
He also registered Nominations for all his Accounts
goms.hai@gmail.com

23

Now Ask Yourself .

Have You documented the details of your
Account, Login,Security Informations?
Have You Trained your partner on These
Aspects?
If Your answer is No, Please Ensure you
work on LIFE CONTINUITY PLAN
Train Your Partner
LCP Will be of Great Help to your Loved Ones in
case of your Non Availability
goms.hai@gmail.com

24

Expect the Unexpected

Hi Friends,
Life is All about Expecting the
Unexpected
Get ourselves Prepared

goms.hai@gmail.com

25

Thank You !
I have prepared this document with
intention to create awareness on LCP.
Please note LCP is very specific to every
Person
but LCP is Must for Every One.
You Can Share your views with me
Prepared by K.Gomathi Nayagam
goms.hai@gmail.com

26