Meet the Leaders Kinga Piotrowska Kinga is a recent graduate with a new job. Her financial goals include managing her money better, buying a car, saving for a holiday and establishing a pension plan. Follow Kinga's journey Follow Kinga's journey Susan Kavanagh Susan is a grandmother from Carrickmines, looking for advise on budgeting. She aims to set aside enough money for day-to day expenses while also saving for a holiday. Follow Susan's journey Follow Susan's journey Maria Donnery Maria lives in Co.Tipperary with her new baby boy. Maria is looking for advice on how she can make her money go further for her, while setting her sights on a new job when her maternity leave finishes. Follow Maria's journey Follow Maria's journey
Patrick Neary Patrick lives in Kilkenny with his partner. He is looking for advice on saving a deposit for his first home while also putting some savings aside to get married in the next few years. Follow Patrick's journey Follow Patrick's journey Kenneth O’Connor Kenneth lives in Co. Cork with his wife and three kids. He has short, medium and long term goals, aiming to extend the family home, maximise his pension pot and teach his kids to manage their money. Follow Kenneth's journey Follow Kenneth's journey
How do I save on Insurance? To save on insurance, understand your needs, compare options, and seek discounts: Assess Needs: Determine essential insurance types, e.g., car insurance for vehicles. Shop Around: Obtain quotes from various providers for better rates and coverage. Bundle Policies: Combine insurance types for discounts, like home and auto. Higher Deductibles: Opt for higher deductibles to reduce premiums. Good Credit: Maintain a strong credit score for potential lower premiums. Safe Driving: Maintain a clean driving record for auto insurance discounts. Usage-Based Plans: Consider behavior-based plans for tailored pricing. Ask About Discounts: Inquire about available discounts, e.g., safe driver or safety features. Regular Reviews: Periodically assess policies to match changing needs. Do I need Insurance? Insurance necessity varies based on: Mandatory: Some, like car insurance, are required for protection and legal compliance. Health Insurance: Provides quicker medical access, though not mandatory. Home Insurance: Recommended for homeowners against damage, theft, liability. Life Insurance: Important with dependents or debts for financial security. Basic Insurance Terms Key insurance terms include: Premium: Paid to insurer for coverage. Deductible: Initial out-of-pocket payment before coverage applies. Coverage: Protection outlined in policy against specific risks. Policy: Contract detailing coverage terms. Claim: Formal request for compensation after a covered loss. Beneficiary: Receives insurance payout in a claim. Underwriting: Insurer's risk evaluation for premium determination. Exclusion: Uninsured specific risks. Renewal: Continuation of coverage after initial term. Rider/Endorsement: Added provisions or changes to extend/limit coverage.
To save on insurance, understand your needs, compare options, and seek discounts: Assess Needs: Determine essential insurance types, e.g., car insurance for vehicles. Shop Around: Obtain quotes from various providers for better rates and coverage. Bundle Policies: Combine insurance types for discounts, like home and auto. Higher Deductibles: Opt for higher deductibles to reduce premiums. Good Credit: Maintain a strong credit score for potential lower premiums. Safe Driving: Maintain a clean driving record for auto insurance discounts. Usage-Based Plans: Consider behavior-based plans for tailored pricing. Ask About Discounts: Inquire about available discounts, e.g., safe driver or safety features. Regular Reviews: Periodically assess policies to match changing needs.
Insurance necessity varies based on: Mandatory: Some, like car insurance, are required for protection and legal compliance. Health Insurance: Provides quicker medical access, though not mandatory. Home Insurance: Recommended for homeowners against damage, theft, liability. Life Insurance: Important with dependents or debts for financial security.
Key insurance terms include: Premium: Paid to insurer for coverage. Deductible: Initial out-of-pocket payment before coverage applies. Coverage: Protection outlined in policy against specific risks. Policy: Contract detailing coverage terms. Claim: Formal request for compensation after a covered loss. Beneficiary: Receives insurance payout in a claim. Underwriting: Insurer's risk evaluation for premium determination. Exclusion: Uninsured specific risks. Renewal: Continuation of coverage after initial term. Rider/Endorsement: Added provisions or changes to extend/limit coverage.
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