Increases in the cost of living
The cost of living has almost doubled over the past 25 years.* This is equal to an average increase of 2.6% year on year. In 2011, when many people assumed the cost of living fell because of the recession, it actually increased by a further 2.5%.*
We believe that indexing the cover and premium at 3% is the right level to protect your clients' needs against the impact of inflation.†
The right cover at the right price
Life Choice You & Family is New Ireland's personal and family protection plan. It can give your clients the right cover at the right price.
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Their cover can increase by 3% each year. This can help offset the increase in the cost of living over the term of their policy.
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Where increasing cover is chosen, your clients' premiums will increase by 3% each year. Unlike other providers we believe that the cost of cover and benefit should increase at the same rate.
Next Steps
For more information please contant your New Ireland Broker Consultant.
Download a copy of the Customer Flyer
Download a flyer showing all supports available
* Central Statistics Office July 2012 (90% increase in cost of living 1987 - 2011)
† Please note that indexation is an optional benefit. Your clients must choose to add it to their policy.
Terms and conditions apply.