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Written by tonyoneill
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Life Insurance:
Mortgage Protection Mortgage protection insurance is designed to pay off your mortgage if you die.
Serious Illness insurance pays you a tax-free lump sum if you are diagnosed with a specific illnesses or disability...
Income Protection pays you a regular income that replaces part of your lost income if you have a long-term illness or disability and you can't work.
Retirement Plans:
PRSA's Personal Retirement Savings Account
Personal Pension Plan A personal pension plan is a private pension policy that is managed for you by a life assurance company or investment firm
How much should you contribute All personal pension plans and PRSAs are set up as defined contribution plans.
