The first thing we do when we get into a car is put on our safety belt. If we are in the car with our children the second thing we usually do is check that they have their safety belt on. As adults and parents we are constantly taking precautions each day of our lives to ensure we protect our lives and the lives of those that we care for. Sadly many people do not embrace the requirement for life assurance protection in the same way they take physical precautions on a daily basis.
CSO data reveals that during 2012, on average, over 15 people between the ages of 20 and 65 died each day in Ireland, a total of 5,628 deaths during that year. The majority of these registered deaths (3,572; 63%) were seen in the age group 30 to 59, where all of the individuals who died would have been in the dependant family age category.
The decrease in incomes and increase in taxes has put many Irish families under financial strain. However, think of the strain that would result in the premature death of an income earner in the household, this would be catastrophic for a household, unless of course they had the correct level of protection.
It is impossible for someone to decide on what protection products they need, or indeed what level of cover they require unless they complete a financial review. Making financial decisions on your own is difficult at the best of times, but when family budgets are strained it is vital that you are using your cashflow to get the best possible level of protection for you and your family.
We have access to all of the main life assurance providers and price benchmarking tools, we can search the market for the most appropriate and best value products for your family wealth & income protection.
We outline the steps involved in our financial review process on the financial review page. Please take some time to look at how we advise our clients in this area.
We have developed a guide to life assurance products which may help to answer any questions you may have.