Considering life insurance?

Recent research conducted by Irish Life - over half a million parents with children under 17, have no life insurance.

Why do you need life insurance ?

• Peace-of-mind: Protection for your family from a substantial financial burden.

• Increased security: You can add cover for many serious illnesses and disabilities.

• Cover for your partner on the same policy.

• Flexibility: Increase cover on certain life events, like the birth of a new child.

please read Nelson Life frequently asked questions about life cover here

What are the main concerns parents have before talking to an independent financial planner?

1. You may think it’s more expensive than it is 

Age Life cover amount, term 15 years Cost per month 35 €200,000 € 15.69 45 €200,000 € 31.73 55 €200,000 € 85.32

Please note above quotations are for a single person, non smoker, standard medical rates, benefits and premiums not increasing. We will take time to ensure all the options available are explained and most importantly, the plan suits you.

2. You want simplicity when considering purchasing protection plans.

In the above example, life cover will remain at €200,000 for the entire term of the contract, provided all monthly premiums are paid. The cost of the cover will not change.In the above quotation we have also included an optional extra, called a continuation option. This allows you to continue the policy beyond the 15th year WITHOUT the need for further medical evidence. So, if your health changes you will be able to continue the cover. Note the cost will increase, as you will be 15 years older.Ask us for a FREE Nelson Life new customer guides to help you get more informed about life insurance.

a) A simple guide to life insurance for parents b) A shorter guide 

3. What if I have a medical condition?

When you complete an application form you will be asked questions covering your current and past medical history and lifestyle.

These will include your height, your weight, current state of health, smoking and alcohol consumption habits, general medical history and details of any hazardous pursuits such as mountaineering, rock climbing, motor racing, horse riding etc.

As part of the proposal form you will be asked to sign a declaration stating that all your answers are true and complete (all material facts disclosed).This form will also give the life company permission to write to your GP/Consultants requesting past medical records (if required) and any other information they feel relevant to assessing your application.

4. Are the product benefits clear?

We will take time to ensure you understand the options.

We will support any recommendation with a Statement of Suitability, quotation and product booklets.

Our key features documents and product brochure will give you a clear understanding of the benefits and services available to them.

Please note. The information is valid as at today's date and we believe is correct. These figures are subject to underwriting by the Insurance Company on receipt of a completed application  form.

Want to know more? We are available to discuss your options, and we look forward to hearing from you.

Our job is to help you choose a product and structure that will help you meet your goals.

telephone | 091441188 and/or email | office@nelsonlife.ie

RETIREMENT & PENSIONS |  INVESTMENTS | FINANCIAL PLANNING | LIFE INSURANCE

Nelson Life Limited trading as Nelson Life is regulated by the Central Bank of Ireland.

WARNING: Past performance is not a reliable guide to future performance. WARNING: The value of your investment may go down as well as up. WARNING: You may lose some or all of the money you invest. WARNING: These funds may be affected by changes in currency exchange rates. WARNING: If you invest into this product you will have access until you retire (Pension Products). WARNING: The above content does not constitute investment advice, as it does not take into account the investment objectives, knowledge and experience of financial situation of any particular person. Prospective investors are advised to make their own assessment of the information contained herein and to obtain professional advice suitable to their own individual circumstances. WARNING: The information contained in this document is based on our understanding of current tax legislation and the current Revenue Commissioners interpretation thereof and is subject to change including retrospectively without notice. This is intended as a general guide only and is not a substitute for professional tax, legal and investment advice.