If your clients are too sick to work due to an illness or injury that results in a loss of income, it could impact their everyday financial needs. That’s why your clients need income protection. With Friends First, you can be reassured you have chosen a company that will treat your clients fairly and pay out when you need them to.
Friends First new Claims Statistics Guide provides some valuable insights into Friends First claims experience;
- €88,370 was the average total payment per claimant – that’s a lot of financial security
- €1,840 was the average amount we paid out per month – enough to pay the mortgage and keep on top of the bills that matter
- 4 years was the average claim duration – that’s a long time to be without an income if you don’t have cover
- Men are on average 50 years old when they need to claim and almost 24% of male claimants needed to claim within 5 years of taking out the policy
- Women are on average 45 years old when they need to claim and 27% of female claimants needed to claim within 3 years of taking out the policy.
Download Friends First Claims Statistics Guide (PDF)
And if your client needs to claim – our new ‘How to Claim’ video explains the process. Both of these support tools are available on brokerfirst.ie within the Marketing Supports – Protection section.
1 Comment. Leave new
[…] There isn’t a community in Ireland that hasn’t been affected by cancer, which is precisely why Daffodil Day is so important. As the leading Individual Income Protection insurer in Ireland we feel that supporting activities such as Daffodil Day are aligned with our core health insurance business as they support health awareness and well-being. Recent statistics show that Cancer was the third biggest cause of income protection claims in 2016. […]