Providing adequate cover for a new generation of renters

It is equally important for renters to consider illness cover and income protection as it is for those with mortgages, says Paul Kelly, director of ClearChoice

Paul Kelly, director of ClearChoice

According to a recent report by real estate service providers Savills, more than 895,000 people are now living in rented accommodation in Ireland. That is almost 20 per cent of the entire Irish population.

Irish people are helping to create a society of renters due to the changed social and economic environment. The concept of ‘rent protection’ from both a life cover and living protection benefit perspective is key. We often see home ...