Protection & Insurance
Protect Your Largest Asset
Your ability to earn an income is your greatest financial asset. Ensure you protect your income if your employer doesn’t cover it if you cannot work. You can affect a protection plan and get tax relief on this to safeguard against unexpected illness, injury or disability that could interrupt your earning potential. Recognising and protecting this asset is key to long-term financial stability.
The unfortunate reality is that Irish families are struck by these events every day and the impact can be significant and long lasting. Protection is the most important part of financial planning. It is the practical way to ensure that if the worst were to happen, your family would have sufficient money to maintain their lifestyle.
Making sure you and your family are covered for the unexpected.
Why might you need cover?
We advise clients in the areas of life insurance, mortgage protection, serious illness and income protection insurance.
We openly encourage all individuals to review their arrangements for three reasons:
1
They are paying too much for the cover they currently have.
2
They are under-insured.
3
They are over-insured.
Anyone who has a mortgage would have purchased mortgage protection.
This is the area we always advise our clients to review, as it is inevitable that their circumstances have changed since taking out their mortgage
This is for a number of reasons:
- They may have purchased cover which may not be required or necessary.
- They may have had a period of interest only on their mortgage which would need to be reviewed in terms of the cover they have and loan outstanding.
- They may have stopped smoking since taking out the mortgage.
- They may have changed jobs.
- They may have had children or have had more children.
Our advisors can also explain various tax-effective protection options. These include plans like Pension Term Protection, which offers tax relief.
Benefits of protecting what’s important
Peace of Mind
Protection
Increased Security
Flexible
