what is life assurance??

“Life assurance is protection and peace of mind that if there is an unexpected death or illness in your family then the family has a financial cushion to fall back on.”

Over the last 12 years i came across a few sad stories where a parent had put the Life insurance policy on hold and unfortunately an illness or death occurred.

I have delivered my fair share of cheques to clients and their families at this stage and can’t stress how happy they were to have had the policy.

I and they know it will never replace the person but it will give the family a hell of a helping hand in dealing with a death or serious illness.

Life insurance has never been cheaper and a family in their thirties can be reasonably well protected for €40 per month.

We have all been to local fund raisers down the local pub after the unexpected death of a loved one and now their financially crippled.

When i sit down to do a review with people i stress life insurance first …

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Benefits of Life insurance

While Some people don’t like the idea of discussing the benefits of life insurance, there is certainly an important place for it in peoples overall financial planning. In fact, without the protection of life insurance, loved ones may need to drastically alter their lifestyle if the unexpected should occur and to be honest it’s the first thing i look at with clients when meeting.

In fact, life insurance is one of the most important purchases that you can ever make for your family. Without the proper life insurance plan, your family members could be left with a massive amount of debt, which can make an already difficult situation a thousand times worse. While the fund raiser down the local pub is a great help and most communities organize this when an unexpected tragedy happens, but lets be honest it’s far from ideal.

Life insurance is peace of mind that if an unexpected illness or death occurs to me or my partner,my family will be ok financially(hard to put a price on that)

Although life insurance is often used for providing …

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Mortgage protection and Life assurance

Over the last 12 years i came across a few sad stories where a parent had put the Life insurance policy on hold and unfortunately an illness or death occurred.

I have delivered my fair share of cheques to clients and their families at this stage and can’t stress how happy they were to have had the policy.

I and they know it will never replace the person but it will give the family a hell of a helping hand in dealing with a death or serious illness.

Life insurance has never been cheaper and a family in their thirties can be reasonably well protected for €40 per month.

We have all been to local fund raisers down the local pub after the unexpected death of a loved one and now their financially crippled.

When i sit down to do a review with people i stress life insurance first before the savings plan ,pension etc,while these are important they don’t come near the power of the life insurance policy.

I can assure you it’s the most important policy you and …

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Life insurance and family protection

Over the last 12 years i came across a few sad stories where a parent had put the Life insurance policy on hold and unfortunately an illness or death occurred.

I have delivered my fair share of cheques to clients and their families at this stage and can’t stress how happy they were to have had the policy.

I and they know it will never replace the person but it will give the family a hell of a helping hand in dealing with a death or serious illness.

Life insurance has never been cheaper and a family in their thirties can be reasonably well protected for €50 per month.

We have all been to local fund raisers down the local pub after the unexpected death of a loved one and now their financially crippled.

When i sit down to do a review with people i stress life insurance first before the savings plan ,pension etc,while these are important they don’t come near the power of the life insurance policy.

I can assure you it’s the most important policy you and …

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Cancer survival Fund

After watching the news last night i noticed that this cancer fund has been abolished.

It provided 2 or 3k  to cancer patients who had no insurance or money for treatment,it’s sad to see it go.

But been realistic it’s not worth much and once again it struck me how important it is for parents to take out serious illness cover on themselves.

Once a parent has serious illness,their children are covered for 50% of the parents cover up to a max of 25k until 18,(21 if in college)

So the 25k would make some difference for treatments etc rather than a lousy 2k that has now been abolished.

I know that not everyone can afford a €50 a month serious illness plan but

i would be fairly certain that 80% of the population can.

Cancer is a horrible disease that has touched everyone one of us in some way.

Protect your own,don’t let this disease destroy your family for a small amount of money every month.

Mail me at darragh.farrell@yes.ie for a quote that will suit you and your …

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Been honest with your Life insurance

Recently i had a client who had a serious illness and his wife called me for a claim form.

Usually we sort things out fairly snappy and they receive their lump sum payment within a few weeks.It’s a part of my job that i receive massive satisfaction,obviously not that the client took ill but that we can help take the financial burden of medical/living costs away.

When the insurance company looked for information from his doctor ,it was completely different to what they were told.Unfortunately the claim wasn’t paid and all he got was a refund of his premiums.

 

What I’m saying here is don’t pay for a policy that won’t cover you,be honest.Tell the adviser all your medical details,(ie if you take a blood pressure tablet etc).Also don’t try to play the smart ass and say you don’t smoke if you do ,again this does lead to non-payouts from Life insurance companies.If you haven’t smoked in the last year then yes, you are a non smoker,the odd sneaky one on a Saturday night is deemed a smoker i’m …

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Life insurance and family protection

Over the last 12 years i came across a few sad stories where a parent had put the Life insurance policy on hold and unfortunately an illness or death occurred.

I have delivered my fair share of cheques to clients and their families at this stage and can’t stress how happy they were to have had the policy.

I and they know it will never replace the person but it will give the family a hell of a helping hand in dealing with a death or serious illness.

Life insurance has never been cheaper and a family in their thirties can be reasonably well protected for €50 per month.

We have all been to local fund raisers down the local pub after the unexpected death of a loved one and now their financially crippled.

When i sit down to do a review with people i stress life insurance first before the savings plan ,pension etc,while these are important they don’t come near the power of the life insurance policy.

I can assure you it’s the most importance policy you and …

Read More

Best Life insurance rates 2015

Life insurance is probably the most important policy any parents can have.

It protects our families in the event of an untimely death or illness.

There has been a reduction in rates for these policies lately and Zurich,Irish Life and New Ireland seem to be leading the way.Be careful though,People will be charged a more expensive premium if they go to the Insurance company directly.

For the best price on Life insurance go to a broker directly,they get a reduced rate that will save you on your monthly premium.

Make sure you get your peace of mind at the right price.

For any queries or quotes email me at darragh.farrell@yes.ie

or call me at 01 6339245

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