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Zurich Life Claims paid in 2018

Total amount of Life & Serious Illness Claims paid was almost € 70m Largest Life Claim amounted to € 1,250,000 Cancer & Heart related deaths accounted for 62% of all death claims in 2018 Average claimant age was 64 years old Largest Serious Illness Claim was € 675,000 Cancer accounts for 67% of all Serious […]

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Term Life vs Whole of Life

Term Life insures you for a certain term, e.g. 20 years. By choosing a 20-year term policy and you’re covered for 20 years . If you were to pass away during your term, the policy pays out. If you outlive your term, there’s no pay-out. You are basically putting a bet between you and the […]

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Accelerated, Additional or Stand Alone Serious Illness Cover

The insurers offer three different types of illness cover to you as a client Accelerated serious illness cover You can buy accelerated serious illness cover as part of your mortgage protection or life insurance policy. If you buy accelerated serious illness cover, any serious illness claim will reduce the amount of life insurance or mortgage protection […]

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Is Income Protection Worth it?

Let’s look at the following assets you might hold that are insured and the most important thing that pays for these premiums — Your Income!! Car worth €30,000 – insured. House worth €300,000 – insured. Iphone worth €1000 – insured (maybe you have it insured) Income worth €2,000,000 – Not Insured Reasons why you don’t have […]

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