To all our customers at Citywide Financial Solutions we would like to send a message hoping all are well during this challenging time.
We are open to advise and help clients during this difficult time. All appointments will be dealt with online and through telephone to help anyone that needs our urgent help and advice regarding Life Insurance, Mortgage Protection, Income Protection and Mortgages and anything else we can assist with.
We are taking precautionary measures in order to minimise the spread of the virus and many of us are working remotely. Please be rest assured that every email is dealt with and every call is answered.
Income Protection is something we would advise most people to look into but for some professions in particular it makes makes absolute sense to have some form of salary protection in place and this is why.
Thankfully we are all living longer and healthier lives, so shouldn’t need to think about funeral costs for a very long time, however, it is advisable to be prepared as unfortunately accidents can happen and the cost of funerals varies hugely depending on where you are in the country and what type of funeral you want to have.
People with serious medical conditions such as diabetes, cancer & heart disease form a large proportion of our society and most are acutely aware of the importance of life insurance and are often keen to get cover in place to leave to their loved ones when they’re gone.
If you are planning to build your own home on a site you already own, or intend to purchase you will need flexibility in terms of your mortgage drawdown. You want to be able to drawdown the mortgage in stages as the building progresses. Otherwise you would end up paying back a full mortgage while your home is still partly under construction.
People don’t normally think of their current income and their future earnings as an asset.
However, in reality, the salary you earn pays for almost everything you have….your mortgage, bills, your car loan and much more. Without it you are facing into a pretty bleak future. People don’t want to think about what life would be like should disability or illness strike.
I have my Mortgage with Ulster Bank Ireland. What happens next?
The first thing to say is that there is no need to panic. The wind down of Ulster Bank in Ireland will take some time plus you have protection under the Consumer Protection Code (CPC) regarding the Terms & Conditions of your mortgage.
It’s almost a year since we experienced our first lockdown in Ireland and Covid 19 is still causing headaches for people trying to secure a mortgage. However it’s not all doom and gloom. There have been some positives on the mortgage front.
Everyone has heard of Income Protection but is it something we should all have or is it a luxury if you have spare cash? The thoughts of being ill or injured at some point in the future and being unable to work is quite daunting.
Bipolar Disorder is a mental health condition characterised by periods of manic and depressive episodes that can cause extreme shifts in moods, energy and activity levels making day to day living difficult.
Since our last update a few months ago the mortgage market has thankfully seen an improvement with banks and brokers seeing an increase in demand for mortgages and in turn an increase in approvals from lenders.
Multiple Sclerosis (MS) is a life-long condition that affects the brain and spinal cord causing a wide range of potential symptoms including problems with vision, balance, muscle control and other basic body functions.
Here at Citywide Financial we often get asked to explain the different types of Life Assurance (Insurance) available on the Irish market. In our blog below Brian Courtney QFA gives a brief summary of each.
Most people buy insurance policies such as Serious Illness Cover, Life Insurance & Income Protection to give them peace of mind in times of uncertainty. It’s difficult to think of any time more unprecedented and uncertain than 2020.
Planning on starting a family in the not too distant future or maybe you already have that due date marked into the calendar? If so, time to start thinking about how this little bundle will affect your life financially.
Your health is one of many things taken into consideration when you look to get life Insurance. It can significantly affect the premium you pay, however a pre-existing condition is unlikely to rule you out of getting a policy.
Did you know that less than a third of Irish professionals currently have a pension plan? There’s always the state pension though, right? From March 2019, the State Pension in Ireland is €248.30 per week. For many this is a sharp decrease in what they have been used to earning in full time employment, hence the need to supplement the gap with a private pension.
Everyone has heard of Income Protection but is it something we should all have or is it a luxury if you have spare cash? The thoughts of being ill or injured at some point in the future and being unable to work is quite daunting. Life unfortunately can be quite unpredictable, so our advice would be to be prepared.
Citywide Financial Solutions works alongside some of Ireland’s longest established financial institutions, and as such can find the right life insurance package for individuals with mental health conditions.
The flexibility of our brokers can help clients get the type of insurance cover that's appropriate for their specific requirements.
Clients can have our expert brokers get the right life insurance packages for your unique requirements. Call our offices today to schedule an appointment. 086 229 3032