We paid out a total of 4,314 claims in 2020 amounting to €119,317,516*
2020 has been a unique year for Life and Illness Claims with thoughts of Covid often dominating conversations. Overall Bank of Ireland Life paid out over €119 million in claims, a decrease on the 2019 figure when we paid over €129 million.
Every year, our Claims Team sees the serious life-changing and personal challenges that our customers have to face, along with the real value of having a relevant protection plan in place.
At Bank of Ireland Life, we pride ourselves on the professionalism and dedication of our Claims Assessors. If you ever need to make a claim, we promise to offer a compassionate and professional personal service.
Unfortunately, we all know people who became seriously ill, passed away prematurely or had an unexpected financial burden due to not having adequate cover in place. It’s only when such events occur close to home that we see the true value in having protection policies in place.
While we all hope to never need it, the objective of taking out insurance is to protect ourselves and our families against financial difficulties caused by an unexpected illness, accident or death. At Bank of Ireland, we always recommend asking customers to give proper consideration to protecting themselves and their loved ones.
Take time to ask yourself “what if?"
- what happens if myself or my partner cannot work for an extended period of time?
- what happens if myself or my partner get very ill, or worse, died prematurely?
- how would my family cope if something were to happen to an income earner or primary care giver?
*Bank of Ireland Life Claim Stats 2020.
Disclaimer
Life assurance and pensions products are provided by New Ireland Assurance Company plc., trading as Bank of Ireland Life. New Ireland Assurance Company plc., trading as Bank of Ireland Life is regulated by the Central Bank of Ireland.
Advice on Bank of Ireland Life products is provided by Bank of Ireland, trading as Bank of Ireland Insurance & Investments. Bank of Ireland trading as Bank of Ireland Insurance & Investments is regulated by the Central Bank of Ireland.
Bank of Ireland is a tied agent of New Ireland Assurance Company plc trading as Bank of Ireland Life for life assurance and pensions business.
Members of Bank of Ireland Group.
