Most Competitive Income Protection Insurance Provider?


But do you not get what you pay for. Generally if you want guarantees then you pay for them. Often guarantees are not worth it. I think of them as an extra payment for an insurance policy that my premiums won't go up. How much cheaper is the reviewable product from Friends First or Irish Life? Then you can decide if you want to pay the extra for the guarantee. Remember you are paying extra from the start and in every year. You would want to weigh that up against the extent to which your premiums MAY increase to if the companies decided to review them. You say that Friends First or Irish Life MAY review their premium rates - interesting to know how often they have done this and by how much the rates changed?
 


Could you please clarify the above statement.
 
It's a specialised area. There's more to the cover than the premiums. It's worth paying for appropriate professional advice.
 
If you take the definition of Income Protection as a polcy to protect your income in the event of ANY accident or ANY illness claim then there are only two companies offering stand-alone policies - Frinds First or Irish Life. In addition, Friends First are the only company with the option of a Guaranteed Premium Level at an extra cost.

Other Serious Illness Policies and Disability Policies are not comparable.

I'd advise you to seek Independent Advice form a suitably Authorised Adviser.
 
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