The hunt is on for cheaper life insurance

Irish families are opting for cheaper life insurance policies in an effort to cut costs, according to analysis by Acorn Life.

6th January, 2013

Irish families are opting for cheaper life insurance policies in an effort to cut costs, according to analysis by Acorn Life.

The Galway-based insurer says its advisers throughout the country have noticed a marked increase in the number of people enquiring about lowering their life cover to a less comprehensive policy.

Life cover is typically set at a fixed level, or indexed to increase modestly over the term of the policy. Decreasing term protection, which...

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