SECURING YOU AND YOUR FAMILY FINANCIALLY

SECURING YOU AND YOUR FAMILY FINANCIALLY

The term Life cover denotes securing you and your family financially for an agreed period of time with a lump sum in case of any eventuality like death.

Our lives become worth living because of our loved ones.

It is only natural for each one of us to think, protect and save for them as none of us know what the future holds in store for us?

Planning and organizing our finances will definitely ease out the burden during any uncertain times.

We are there for you, when you really want us to

Easily affordable – a recent survey (source Irish Life) stated that 70% of people thought life insurance cost €35 a month which is actually twice more than the initial cost of €15 per month for a life cover of €1,00,000.

GETTING WISER BY THE DAY HELPS

You earn for your family and to make ends meet. The cloud of expenses keeps floating around your head.

No matter how hard you try to make provisions by planning and allocating the umbrella cover always seems insufficient to cover up the recurrent raining expenditure.

In case of single parent the going gets even tougher if the surviving parent has to work.

It would take a normal household at least 80 years to pool up €1,00,000 for their loved ones by setting aside €15 every month.

We’ll help you understand much faster and help you protect your family in the most desirable cost optimized way.

There are predominantly 3 types of Life Insurance covers in Ireland

Level term Life Insurance Cover – As the name suggest this life insurance cover offers you a lump sum payment to your state in case of death of policy holder during the term of the policy.

At the time of application the prospective policy holder can decide the tenure to be covered and consequently choose the amount.

This tenure or term can range from 2 years to almost 50 years.

If the policy holder does not die during the specified term of the policy, no benefits are derived when the policy ends.

Level term life insurance can be availed as a single life policy, or on dual or joint life basis.

It is a complete peace of mind solution to have this cover during the working years of the policy holder to safeguard the interest of the dependents of the family.

Further the premium remains steady and fixed.

Product features and Benefits

Financial security for your family in case of serious illness and death of policy holder.

Provides Peace of mind as all the uncertainties and consequent financial burden are warded out in the event of personal loss.

Cover for your partner in the same policyFlexibility- increased cover for children.

There is an also monthly income cover offer a guaranteed monthly income from the time the policy holder dies till the end of the policy term.

Single life insurance – It is taken by one person and is payable to the survivors on the death of the policy holder during the policy duration.

Dual life Insurance-this policy is taken by two people and becomes payable on the death of each person during policy term.

Joint life policy- this is taken by two people and becomes payable on the death of the first person during the policy term.

At the time of applying for Term Life Insurance, you have the Convertible option included in the Cover.

Whole Life CoverWishing more success and prosperity

for our offspringTaking up a whole life cover helps your family

not get burdened when tax slabs are slammed on the assets they inherit from you.

Whole life covers last one whole lifetime. It is not limited by any specified duration.

In the event of death, a lump sum amount is paid to the family. It can be a tax efficient solution so that your family is not financially strained on the property inherited.

Product features and Benefits

Security- you are assured that your dear ones are financially secured.

Tax smart- Whole Life plan covers up for the tax that may be charged on your children when they inherit the property left by you. So be futuristic and smart to save on taxes by subscribing to this policy.

Flexible- There is optional benefits. You can make your cover flexible according to your requirement.

Inheritance Tax- As you leave your assets for your children, they may be liable to inheritance taxes that get charged on the acquired assets.

The taxes can get a bit too severe almost making your children to dispose off the assets.

Whole Life Insurance covers the burden of the tax bills and allows your loved ones to enjoy your inheritance.

Whole Life Insurance would be ideal for

It would be appropriate for people who wish to have a life cover for the entire life and not just limit to a specified term.

It is more likely tailor made for individuals who have large properties and who wish to leave for their generations.

Whole life cover can be taken by anybody between the age of 40 years to 75 years.

It would be even more attractive for such individuals as it protects their children from inheritance tax on the properties they leave behind for them.

Mortgage Protection

Securing your loved ones even more

Buying a dream home is very natural dream for most of us. While it is a dream; it is also a major financial commitment that we make for ourselves and our family. It becomes even more crucial to protect your home against any unforeseen contingencies.

Mortgage protection helps secure the ownership of your home by paying the outstanding mortgage.

Your dear ones are relieved from paying any outstanding mortgage in the event of death of the policy holder.

While taking the mortgage ensure that you have abundant cover, in case you die during he said term.

Further you also cover up for various serious illnesses or in case of any permanent disablement.

You have to pay premium during the mortgage term.

If you die during the term or contact any critical illnesses before the expiry of the term, the policy will help pay off and settle the mortgage. The insurance cover will reduce over the plan term.

For whom?It is best suited for anyone who intend

to take mortgage should prefer Mortgage protection plan.

Serious illness cover upThe risk of serious illness is something

many cannot afford to ignore. Imagine the plight of dependents if some life threatening illness, permanent disability and death happen to the person who is the sole earning member of the family.

The plan provides cover for many serious illnesses including heart attack, cancer, stroke etc.

The plan is meant to give you peace of mind so that you do not have to financially struggle in the event of failing health.

Help and adviceHow much life is needed and how much

do you need to pay every month? We are glad to answer all your queries so that you are able to choose the right kind of insurance you may require.

Our advisors will provide you options and help you arrive at a quick and well thought out decision that suits you the best.

http://www.manning-financial.ie/, the leadng Financial advisor in Ireland offer great support to get best life cover in cork with right insurance policy quotes to protect your family