Archive for August, 2013
Are life insurance proceeds taxed if they are deposited in a bank account?
Generally speaking, the proceeds of a life insurance policy are not taxable unless they are invested or earn interest or dividends. Easylifecover.ie explains. Are life insurance proceeds taxed if they are deposited in a bank account? If you have suffered a tragic loss, then although the benefit of a life insurance policy will not bring you any emotional solace, financially speaking, it can help to protect your family and the lifestyle you have become accustomed to. When you have many years paying your hard earned cash into a life insurance policy, the last thing you want is to lose a proportion of the benefit in tax payments. Life insurance proceeds are often paid in the form of a lump-sum cash payment. This is the preferable method of...Recommendation from Colin Watt
Another testimonial from a former colleague on behalf of our managing director Eamonn Freeman. "Dear Eamonn, I've written this recommendation of your work to share with other LinkedIn users. Details of the Recommendation: "I was fortunate to work with Eamonn for a number of years at Royal Liver, during a period of hectic change in the business and the industry. Eamonn built, led and developed a team of financial advisers in the SE of Ireland, and drove great business results. He also established long standing and strategically important relationships with key 3rd party partners, in his specialist field of mortgages and general insurance. He was not just an important member of the leadership team in Royal Liver Ireland, but also in...- 01Aug
If I fell ill in work would I be covered under my mortgage protection policy?
Eamonn Freeman talks about the differences between mortgage protection and income protection. Contact us for more information... Eamonn confirms that mortgage protection does not cover your mortgage repayments in the event of serious illness or if you're unable to work. Mortgage protection is specifically defined to cover your mortgage in the event you die. If it's a joint mortgage protection policy then it covers the mortgage in the event either one of you pass. There are specific policies designed to cover mortgage repayments in the event of you are unable to work due to illness or serious injury. If you'd like to find out more feel free to fill in the contact form on the right hand side of the page. Testimonial from our new customer Simon.
Hi Everyone, I thought I'd just share with you a lovely testimonial a customer of ours has just given. It's always nice to get feedback and when we're appreciated we'd love to share it with you. This is a testimonial from Simon who was dealing with one of our advisors. "Eamonn just a quick line, we have never met. Sarah Freeman is looking after obtaining my new insurance policy and this is at a very stressful time for myself as I am between jobs and travel. I would just like to say Sarah has been tremendous support to me in dealing with my local doctor, health insurance company and doing whatever she can to push through this application in order to meet my schedule here in Ireland. I honestly really appreciate everything Sarah has...
