Life Insurance – Eolas Money

Category: Life Insurance

Helping you on Life's Financial Journey

Business Owners: Make sure your business protects You, Your Family & Itself

Most businesses will prioritize its insurance policies as an important step to protect the business against potential financial risks and liabilities. Business insurance provides peace of mind, minimize financial loss, meets legal requirements, and improves business credibility. However, while business continuity will always be a top priority, Eolas Money’s Jim Stapleton outlines the various personal…
Read more

The Value of Financial Advice

In May 2021, Brokers Ireland commissioned iReach to conduct consumer research in relation to the value of financial advice. The research was nationally representative by age, gender, region, and socioeconomic status. It provides insights into savings/ investments, pensions, financial security, and the role of financial advisors. Using a Financial Advisor:  From those surveyed, 37% had…
Read more

Protecting Your Most Valuable Financial Asset – Your Income!

Did you know…Just over 1 in 10 people have some form of income protection!   If we were unable to work due to illness or disability, we wouldn’t rely on the State Illness benefit as our main source of income! Would you?? And how long do you think your savings would last you!   So…
Read more

2020’s “Smoking Quitters” Could be in Line for Big Savings in 2021!

Sticking to your no smoking New Year’s resolution may save you thousands on life cover Figures show smokers pay double on life insurance premiums January is a time when many smokers make it their New Year’s resolution to give up smoking once and for all. After the expense of Christmas, it may come as welcome…
Read more

Aviva paid out more than €100m in death benefit claims

Yesterday’s Irish Independent had some 2019 life assurance claim stats from insurer Aviva confirming again that the leading causes of claims continues to be cancer, cardiac and respiratory issues.The average age of female claimants was 49 with breast cancer accounting for 45% of those claims & other cancers representing 31%. 60% of male claims were…
Read more

Financial advice for every stage of your life

Irish Life Claims

Irish Life recently released their protection review for 2019 which confirmed that over €6 million (150 claims) was paid out EVERY WEEK in claim payments to their clients. That is almost 8,000 families during 2019 receiving protection at a very difficult time. Interestingly, with over twice as many claims for living benefits, this reports shows…
Read more

What are the consequences if you miss a Premium for your Protection policy?

In these unprecedented times we are all being advised to ‘manage our cashflow’ and cut back on unnecessary expenditure in order to get through this crisis. Some queries we have received in recent weeks relates to the consequences of not paying your monthly life assurance or serious illness premiums. Life insurance companies recognise that these…
Read more

Life assurance companies publish their claim statistics

Its that time of year when life assurance companies publish their claim statistics and here are some interesting details from Zurich Life’s 2019 death & serious illness cover claim statistics. In relation to serious illness claims, heart related illnesses account for 31% of male claims and yet for females, it was only 3%. At Zurich,…
Read more