The Lion Life Insurance Blog

Are you ready for some truth?

You're screwed if you can't work.

And if you have a family who depends on your income, well they're fecked too.

Imagine trying to pay the mortgage, all the bills and live on illness benefit of €200 per week.

Impossible.

That's why protecting your income is the most grown-up thing you can do especially if...

It’s highly likely that when you were a smallie, your ma or your da told you that to be successful in life, you need to do well in school, get a good job, and work hard.

It’s not bad life advice, though it’s probably a little different now given that every eight-year-old wants to be a YouTuber.

Instead of working hard, all you gotta do to be a millionaire is make videos of you playing video games while screaming at your computer.

Keep it up, son, and someday you might be PewDiePie.

Buying a house, as we all know, is a pain in the hole as it involves any number of the following:

Keeping a paper trail.
Dealing with estate agents.
Living at home in the box room with yer ma and da for a year to save a deposit. 
Paperwork. 
Dealing with estate agents.
More paperwork. 
Budgeting for stamp duty and a solicitor.

It’s no wonder you might be tempted just to say ‘feck it’ and go with your bank when they offer you a Mortgage Protection policy. But don't!

Cohabiting couple.

It’s surely the unsexiest way of referring to living with your other half. Second possibly only to ‘living in sin’ – but even that has a certain ring to it, doesn’t it?

And sure, you might be perfectly happy in your unwedded bliss – but you do need to consider certain ramifications when it comes to tax.

Humans are lazy.

And I’m not just saying that as a broad statement.

We’re hardwired to conserve our energy when making life choices. And yes, you’re included in that ‘Mr I get up every morning at 5 am to do CrossFit for an hour before work’

That’s why, when you get a quote for Mortgage Protection (or any type of insurance), it’s reasonable to pick the cheapest insurance and not think about it ever again. But that’s not necessarily the wisest choice, young grasshopper.

Your No Bullshit Guide to Income Protection

Based on questions I have been asked over the years.

Enjoy!

Are you:

struggling to understand funeral insurance
worried you're going to put the wrong cover in place
fed up trying to make sense of different quotes

If so, this article will help clear things up.

Some people find it difficult to see the value of life insurance if there is no payout on death.
And I could bang on about things like peace of mind and the value of knowing your loved ones are ok should the worst happen
But instead, let's look at what I call living benefits of life insurance (or what you can get while you're still above ground)

Imagine you were diagnosed with a serious illness? How much would you value a free second opinion from one of the world's leading doctors?

If you have a policy with Aviva, you have access to just that.

While financial planning sounds like something only the rich do, there’s a lot to be said for it.

And I know it all sounds desperately dull.

Still, proper financial planning = being able to spend your money without freaking out about whether you can afford to.

We have a handy calculator here to help you plan.