Life Assurance Policies Are Not All the Same

Gone are the days when all life assurance policies were identical. With increased life expectancies and better recovery rates from illnesses, the cost of life assurance has decreased in recent years. Providers now compete not just on price but by offering valuable policy benefits.

Did you know that:

• Some life assurance providers in Ireland offer access to top global doctors for a second opinion when you are diagnosed with a serious illness.
• Certain policies will pay out benefits while you are still alive if you’re diagnosed with a terminal illness?
• There are policies that automatically increase coverage each year, policies that pay out upon the first death of you or your spouse, or even those that pay out twice if both pass away.
• You can find policies to protect not just yourself and your family, but also business partners, key employees, and even to cover potential Inheritance Tax bills?

All life assurance policies are far from being the same!

Buying Online or from Your Bank Limits Your Options

Purchasing life assurance online or through your bank can significantly limit your choices. These channels typically only offer products from a single provider. As a result, you might miss out on more competitive rates or valuable policy enhancements.

In contrast, a Financial Broker in Ireland has access to a wide range of life assurance products across the market. They can find the right provider with the best product tailored to your specific needs and at the most competitive price. Plus, they handle all the arrangements for you!

Life Assurance Is More Than Just the Price

While price is undeniably important, it is not the only factor to consider when buying life assurance. Your Financial Broker can often match the lowest market price for the product you want, but their value extends beyond this. They also evaluate:

• The claims payment history of various providers
• The financial stability of the providers
• The ease of dealing with each provider

A Financial Broker is your best bet for securing the right life assurance policy in Ireland, offering both competitive pricing and comprehensive support.