News - Irish Life Corporate Business
The Government has released its Roadmap for Pension Reform 2018 -2023.
It is understood the pension reform plan will propose allowing people to defer the age at which they receive the State pension to allow them to work longer.
Through Irish Life’s efforts in preparing our members for retirement we have extended our partnership with TILDA whose overarching aim is to "make Ireland the best place in the world to grow old".
Irish Life has proudly partnered with Healthy Ireland to help promote the GAA Healthy Clubs Project.
A new year always brings new opportunities.
Less than half of women in Ireland have adequate financial protection, according to extensive research from one of the country's leading insurers.
Demographic pressures will put pressure on pension provision, conference told
Government to launch review of auto-enrolment and State penion
A survey by Chartered Accountants Ireland members found 96pc in favour of pension auto-enrolment.
Cancer is the leading cause of death and illness in Ireland as Irish Life pays out €187.8 million in claims during 2017
- €129.7 million paid out in Life Insurance to 1689 families for people who died
- 2,582 claims paid across Life Insurance, Specified Illness and Terminal Illness Cover
- €53.7 million paid to 853 people for Specified Illness Cover claims – over a third of these were aged under 50
- Claims report reveals that over half of women died from cancer, compared to 38% of men
- Breast cancer was found to be the main cancer for Specified Illness Cover claims
- Heart-related conditions still the most common cause of death or illness for more men than women according to claims data
- Women claiming at an earlier age than men – average age of 64 years for female Life Insurance claims and just 51 years for Specified Illness cover, 4 years earlier than men
- Accidental deaths accounted for 25% of Life Insurance claims for people under 40
