Planning, expecting or raising a child?
You may not have a minute to spare – but finding one to read this will be worth your while…
Becoming a parent
Becoming a parent will naturally cause you to revaluate your priorities, and protecting your family will undoubtedly be top of this list. There are thousands of new parents in Ireland right now going through the same wonderful life changing experience as you are, with Ireland currently in the midst of a Baby Boom, having one of the highest birth rates in the EU. (CSO 2012)
We all know how much our children depend on our support. This feeling of knowing they are provided for is one of the many joys of being a parent. Being in a position to give them all the love and attention they need, all their daily wants as well as those little extras, like Birthday gifts and Christmas treats are what make their childhood so exciting and memorable.
But what if…?
Having a family is a wonderful thing, but there’s no doubt it’s also expensive! School fees, medical expenses, clothing, food, childcare – these are just a sample of the on-going expenditures a parent will incur over a child’s life.
This topic is not something anyone likes to dwell on, but have you ever before considered how your family would cope in financial terms, if you were to die suddenly? Not something any of us like to think about and fortunately for those of us in good health, this prospect is a distant thought. However, it is very important to protect your loved ones and provide them with the means and peace of mind of knowing, that they can continue to meet future and ongoing expenses and bills. In the unfortunate event of your death, having the adequate Life cover provisions in place can help your family to cope financially with such a loss, without the added pressure of extra cash and monetary concerns.
Life Cover provides your dependents with a guaranteed lump sum payable should you die during the term of your policy. Premiums are paid to a Life Assurance provider throughout the term of your policy, to guarantee a payout from them to your dependents in the event of your death.
Taking out a Life Cover policy today can cost as little as €10 per month
We understand that following the birth of a child, being inundated with expenses at such a financially demanding time can be difficult. But as you know, the most prudent thing to do is to prioritise what represents a necessity. Thankfully, with a decrease of up 40% in Life Cover over the last decade there is great value now currently available in the market, with these manageable monthly payments contributing towards securing your child’s future financial welfare. We can also advise you on the benefits of Specified Serious Illness Cover for you and your family.
Follow your natural protective instincts by talking to your Broker today about Life Cover.