Interesting Life insurance facts

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Did you know?

In 2014:

  • Main Causes of Claims: approximately 76% of (individual) serious illness claims and 66% of (individual) life cover claims were for cancer and heart related illnesses.
  • Early Claims: 46% of (individual) life cover claims arose from policies less than 10 years old.
  • Young Claimants: 27 was the age of the youngest serious illness claimant, 26* was the age of the youngest life cover claimant, and 24 was the age of the youngest income protection claimant.
  • Male versus Female: 77% of income protection claimants were female.

* This statistic excludes any children’s deaths.
The figures above are based on New Ireland Assurance’s claims experience in 2014.