Our Life Insurance Partners
We protect you by only dealing with Ireland's best and most secure Life Insurance Companies. These companies are strong financially.
Whether your are investing money, participating in a pension scheme or arranging protection cover, it is important that the company with whom you are dealing has a solid financial footing.
The Financial turmoil of 2008 and 2009 dramatically focused attention on the stability of Financial institutions.Lehman Brothers was allowed to fail by the US Government in 2008.
The reality is that insurance company liabilities are not guaranteed by the state.The reality means that policy holders need to be be satisfied with the stability of their Insurance Company.
Here at Finance Company of Ireland we must place increasing emphasis on the underlying strength of the insurance group that is backing up your policy. Strength is a key element of the policy choice.
Companies like Zurich and Irish Life have particularly strong parent Companies.
Royal London ( formerly Caledonian Life) are part of the largest mutual Life company in the UK.
New Ireland is part of the Bank of Ireland Group which is the only Irish Bank not to fall into full State Ownership.
Aviva are part of a major international insurance and Financial services Group
Friends First are part of a pan European Insurance Group
And the landscape will continue to change and this is one of the reasons you need independent advice.
Look at what has happened to our Banks.
Bank of Scotland - Closed for business
Ulster - Bailed out after losing around 15 billion euro by UK government.
Halifax - Closed for business
Irish Nationwide - Closed
Anglo Irish Bank - Closed
EBS - Massive losses taken over by AIB
Permanent TSB - Now owned by the Irish Government
AIB - Bailed out by government.to the tune of around €20 billiob
Household names utterly changed!
More about our Life insurance partners below:
Royal London have been operating in Ireland for over 180 years, most recently known as Caledonian Life. » read more
Zurich are a market leader in life insurance and mortgage protection and offer some of the lowest premiums available in the market » read more
Hibernian is part of the international group AVIVA and has recently re-branded under the parent company name.It is both a general and a life insurer. » read more
Friends First is part of the European Insurance group Eureko. They specialise in income protection and pensions. » read more
New Ireland Assurance was established in 1918 and was the first wholly Irish owned life assurance company to transact business in Ireland. » read more