Life Insurance/Serious Illness cover is often one of those things that most homeowners and families have, but rarely know how much it costs or what type of insurance it is, as it can often be rolled up with a mortgage payment.
"Does it pay me, my family or the Bank?"
This is one of the biggest areas where Simplysave.ie can help a client either reduce their costs or increase their cover. It is crucially important to get this right as many household find out too late that their policy was geared towards the mortgage provider getting paid when in fact it should be geared towards protecting your family.
The two main reason people have life insurance are, 1. If they have a mortgage, the bank will insist on you having life insurance to protect the loan
in the event of either mortgage holder passing away. 2. If you have a family. Parents will usually protect against the loss of income to their home
should either parent pass away to provide for their family.
Simplysave.ie will identify the best way to structure your life insurance and serious illness policies prioritising you and your family. We will identify the pros and cons to each type of policy allowing you to make an informed decision on the amount and cost of your cover.
43 BURNELL PARK AVE, CASTLEKNOCK, DUBLIN 15, IRELAND | PH: 086 316 1232 | EMAIL: LAWLOR@SIMPLYSAVE.IE NICK LAWLOR FINANCIAL PLANNING LTD, TRADING AS LAWLOR FINANCIAL PLANNING AND SIMPLYSAVE IS REGULATED BY THE CENTRAL BANK OF IRELAND.
