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EURO NOTES : Confusion on illness cover.
(From Irish Independent)
OVER four out of five people (81pc) questioned in a recent survey by Royal Liver stated that it was necessary to have serious illness cover to protect their income.
Yet figures from the Irish Insurance Federation indicate that only 1.8pc of Irish people have taken out serious illness cover in the last five years (1998 - 2003 inclusive) - indicating widespread confusion about financial products. Only 2pc of the peoplesurveyed by Royal Liver viewed the cost of childcare of most concern if their household income was reduced and only 7pc felt their children's ...
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