Accidental Damage Insurance Explained. 

We all try to make sure that our home is protected by insurance. After all it is our home,and if accidents happen (and they do) we have to live with the consequences. We need to be able to fix it as soon as possible.

It is a good idea to check out the details of your home and contents insurance now, before an accident happens. You will be ready for action as soon as the mishap occurs. You will astound onlookers with your knowledge of insurance matters. If you discover areas of cover that need to be improved, it is always better to do so before disaster strikes.

As the boy scouts say “Be prepared”.

What is accidental Damage?

Most policies define what is meant by accidental damage. It usually says that for damage to be classified as accidental it must be sudden, unintentional and as a result of an external visible and violent cause.

If a policy does not define accidental damage then the ordinary meaning will apply. By ordinary I mean the everyday use of a word is utilised.

This rules out “wear and tear” as it is damage caused by regular incidents which result in an accumulated loss. If a home appliance simply wears out and stops working, this would not meet the terms of the definition.

Damage does not have to mean simple physical damage. It can also include loss of function, or loss of use. For example a blocked drain is not physically damaged, however it is unusable.

If you have to make a claim on your home and contents insurance policy, you should read the definitions and terms of the policy so that you can be sure that the claim is made under the correct cover provision.

If in doubt contact us for help and advice from one of our qualified experts.

Children and animals.

The showbiz world has a warning about the dangers of working with childern and animals.

Well they also have an impact in the world of insurance.

Many accidental claims are the result of accidents caused by either or both.

The standard contents policy will usually cover damage to the television or other electronic device. You should consider extending the policy to cover accidents like blackcurrent juice being spilt on your carpet or sofa.

Check what is excluded by your policy.

Chewing, tearing, scratching and fouling is usually excluded. So you will have to improve your habits, and perhaps also those of your pet.

Remember, even if you don't have either children or a pet you will have visitors, so do check your policy.

Home improvements.

If like me, DIY stands for destroy it yourself, then you should take a look at the terms of your policy, before undertaking any work.

The difference between buildings and contents can sometimes be difficult to decide.

A general rule to apply if you are thinking of a DIY project is , if the potential damage is greater than the savings you might make, then you should consider getting a professional in to do the job. If you do, make sure that they have adequate insurance. All electricians must be registered and have proper insurance. (See www.safeelectric.ie)

Make sure that you have the cover you need.

We have covered the most common areas of accidental damage. One common thread running through it is, always check the policy. Better to do it now rather than later, when it might be too late.

Remember, help is at hand. Our experienced experts at mypremium.ie can help you decide what cover you need, and obtain it for you at the best price.

If you are unsure about any aspect of your home and contents insurance, ask an expert.

You'll be glad you did.

Business Insurance

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Reduce the risks involved in running a business.

Help your business survive physical damage, lawsuits, or natural disasters.

With such a wide choice of commercial insurance available it can be difficult to be sure that you are getting the best commercial insurance for your needs.

That's where our qualified experts come in. We can help you select the options that you will need and advise on the particular products that are available for your line of work.

You can go to the start here for your business/company insurance and select the options which suit you.

For specific business type insurance you can go to the insurance by business type tab and select from the list.

If you can't find your business type, then contact us and we will prepare a customised quote for you.

Business insurance can be quite complicated, and that is why we recommend that you let our experts prepare a free customised quote for you.

That way you have peace of mind guaranteed. 

Helping your business.

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Business Insurance

Reduce the risks involved in running a business.

Help your business survive physical damage, lawsuits, or natural disasters.

With such a wide choice of commercial insurance available it can be difficult to be sure that you are getting the best commercial insurance for your needs.

That's where our qualified experts come in. We can help you select the options that you will need and advise on the particular products that are available for your line of work.

You can go to the start here for your business/company insurance and select the options which suit you.

For specific business type insurance you can go to the insurance by business type tab and select from the list.

If you can't find your business type, then contact us and we will prepare a customised quote for you.

Business insurance can be quite complicated, and that is why we recommend that you let our experts prepare a free customised quote for you.

That way you have peace of mind guaranteed.

Business Extras.

This section is designed to bring useful services to you.

Check out the list.

If you would like to suggest a service, please contact us, we welcome ideas. .

 Electric Car Insurance

 When you arrange your electric car insurance in Ireland, through mypremium.ie you get all the great benefits of standard petrol or diesel engine insurance, with extras that reward you as an environmentally friendly driver.

You should take out insurance which is specifically made for electric cars.

The benefits include;

• A substantially discounted premium

• Roadside assistance from an electric car specialist (In the Republic of Ireland and Northern Ireland )

• If your car runs out of charge, you can avail of free towing to your home charge point or the nearest available public charge point. (Depending on which is nearest )

• If your electric car charge point access point is lost or stolen, it will be replaced for free

What is the standard cover?

 Standard motor insurance cover includes the following:

 No Claims Discount of up to 55%

Step Back Bonus Protection

24 Hour Emergency Helpline & Claims Line

Like for Like Courtesy Car

Windscreen Cover

24 Hour Breakdown Assistance (Comprehensive cover only)

Personal Belongings Cover up to €550 (Comprehensive cover only)

What should I do next?

To make sure that you are getting the best value electric car insurance in Ireland you can contact one of our qualified experts on 1890 666 666

or click on the blue call me back button (above) and we will contact you at a time that suits.

Or use the quote button above and we will arrange a top class electric car insurance quote for you.  {KomentoDisable}

What additional Hazardous Activities can I obtain cover for, subject to payment of an additional premium ?

We can also provide Medical and Personal Accident cover for the following Activities, as per the terms and conditions stated in the policy wording, subject to payment of an additional premium.

Grade 2 - A 50% Loading on your existing travel premium to cover all activities or €30 per activity if individually selected.
  -  Boxing Training (no contact)
  -  Bungee Jump (up to 3 additional jumps)
  -  Black Water Rafting (ACE Grade1 to 4) Life jacket and Helmet must be worn
  -  Camel/Elephant Riding/Trekking (non Incidental)
  -  Cycle Touring
  -  Go Karting (Specific use)
  -  Horse Riding (no Polo, Hunting Jumping)
  -  Hot Air Ballooning (non Incidental)
  -  Hurling (amateur)
  -  Jet Skiing (non Incidental)
  -  Martial Arts (Training only)
  -  Mountain Biking
  -  Parascending (over water, non Incidental)
  -  Rambling/Trekking between 2,001m and 4,200m
  -  Safari (non-Irl/UK organised)
  -  Scuba Diving* (non Incidental/down to 50m) if qualified and not diving alone or accompanied by a qualified instructor (see notes below)
  -  Sea Canoeing
  -  Sea Fishing (non Incidental)
  -  Surfing (amateur)
  -  Tandem Skydive (up to 2 jumps maximum)
  -  Triathlon
  -  White Water Rafting (Grade 4)
  -  Waterskiing/ Windsurfing/Snorkelling (non Incidental)

Grade 3 - A 100% loading on your existing travel premium to cover all activities or €75 per activity if individually selected
  -  Abseiling
  -  American Football (amateur)
  -  Gliding
  -  Kayaking
  -  Rambling/Trekking between 4,201m and 6,000m (max age 45)
  -  Motorcycling (with a motorcycle licence, over 50cc wearing a crash helmet - no racing)
  -  Paragliding
  -  Rugby (amateur competition)
  -  Sand Yachting
  -  Yachting (racing/crewing) outside territorial waters

Grade 4 - A 200% loading on your existing travel premium to cover all activities or €112.50 per activity if individually selected
  -  Hand Gliding
  -  High Diving under 5m (amateur, excluding cliff diving)
  -  Horse Jumping (no Polo, Hunting)
  -  Micro Lighting
  -  Parasailing
  -  Rock Climbing (under 2,000m)
  -  Rock Scrambling (under 4,000m)
  -  Canyoning
  -  Kite Surfing

Amateur is listed next to some of the Activities, what does this mean?

Amateur status is listed beside such sports as running, rugby, football, surfing , tennis and Waterskiing, this means that if you intend to play these sports abroad professionally (i.e. you will be receiving a monetary reward for participation in them) there is no cover under the terms and conditions of the policy for this.

Does backpacker travel insurance cover scuba diving?

Beginners: (This cover is provided free of charge) on an Incidental Basis
Scuba diving to the following depths. Provided you are diving under the direction of an accredited dive marshal, instructor or guide. Alternatively, if qualified, within the guidelines of the relevant diving or training agency or organization and not diving alone:   -  PADI Open Water - 18 metres
  -  PADI Advanced Open Water - 30 metres*
  -  BSAC Ocean Diver - 20 metres
  -  BSAC Sports Diver - 30 metres*
  -  BSAC Dive Leader - 30 metres*

We must agree with any equivalent qualification. If you do not hold a qualification, We will only cover you to dive to a depth of 18 metres.
You will not be covered under this policy if you travel by air within 24 hours after participating in Scuba Diving.

Advanced: (This Cover is subject to Grade 2 Activities additional premium) for Greater Dive Depths and Non Incidental Coverage.
Scuba diving to the following depths. Provided You are diving under the direction of an accredited dive marshal, instructor or guide. Alternatively, if qualified, within the guidelines of the relevant diving or training agency or organization and not diving alone:   -  PADI Open Water - 18 metres
  -  PADI Advanced Open Water - 30 metres
  -  BSAC Ocean Diver - 20 metres
  -  BSAC Sports Diver - 35 metres*
  -  BSAC Dive Leader - 50 metres*

We must agree with any equivalent qualification. If you do not hold a qualification, We will only cover you to dive to a depth of 18 metres.
You will not be covered under this policy if you travel by air within 24 hours after participating in Scuba Diving.

50+ Easy Life Cover could give your loved ones a guaranteed lump sum when you die.

It can be used to help to pay funeral expenses, or perhaps to cover any loans or bills you might still have when you die.

It is a single-life plan that pays out a guaranteed lump sum when you die (after two years, unless it was due to an accident).

The lump sum is guaranteed, as long as you have paid your regular premiums until the date of your death or until your 90^th birthday.

Your regular payments stop at age 90.

Anyone aged 50-80 who is living in the Republic of Ireland can apply for 50+ Easy Life Cover and you won’t be asked any medical questions when you apply.

Guaranteed acceptance-no medical needed

You will not be asked for any medical details/ health history or asked to go for a medical.

You are guaranteed to be accepted for 50+ Easy Life cover no matter what your medical history.

*** However, you are only covered for ‘’accidental death’’ during the first two years.

Premiums start from as low as €15 per month.

How much cover?

The maximum amount of cover you can apply for is €25,000.

Your cover is fully guaranteed and you cannot increase/decrease throughout the life of your plan.

Your cover will remain the same as the cost of living increases each year (inflation).

Please note that if you are happy to provide medical details then a lower cost term policy may be more suitable for you and we can arrange that for you. {KomentoDisable}

Call us on 1890 666 666

or use the quote button.

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With Profit Bonds

A with profit whole of life policy is a form of traditional with profit which provides a guaranteed sum assured payable on death whenever that occurs, in return for a fixed premium. The premium may be payable throughout life or may cease at a specified age i.e. 65.

The life company actuary works out the profits of the life company’s with profit fund each year and then decides on the bonus to be added to it with profit policies for that year. There may also be a terminal bonus added on maturity of the policy.

Encashment Value

A with profit whole of life policy acquires a surrender/ encashment value i.e. a cash sum which the life company pays if the policyholder decides to stop paying premiums and terminates the plan. The encashment value gradually builds up over the years.

 At mypremium.ie we can choose from a huge range of Product Providers to tailor the best plan to meet your specific needs. {KomentoDisable}

It can be difficult to obtain insurance for non standard buildings in Ireland. Difficult but not impossible. We can help you arrange top quality house insurance cover for your non standard constructed dwelling in Ireland.

We will search among some of the top Irish Insurance providers to get your best policy.

What is non standard construction ?

The obvious answer is anything that is not of standard construction. Now that we have got that out of the way, it might be easier to explain what standard construction is.

Standard houses are built using, brick, concrete or stone. Timber framed houses are included, where they have a concrete brick external cladding and the roofing consists of at least 70% tiles, slates, metal,asphalt or concrete.

I built an extension with a flat felt roof, am I covered?

That depends on a number of factors, including the percentage of overall roof area that is felt whether is is regularly maintained and the age of the roof.

You should talk to one of our qualified experts to make sure that you have the correct insurance for your circumstances.

It costs you nothing and it may save you a lot.

What cover can I obtain for my non standard construction house?

We can arrange for you to cover a wide range of risks, typical of a standard construction dwelling.

Cover can include the following:

Storm or flood damage.

Damage caused by explosion, lightning and fire,

Earthquake and aircraft damage,

Flooding or damage caused by storm,

Oil and water pipes bursting and causing damage.

Theft and burglary,

Vandalism or malicious damage,

Animal or vehicle impact causing damage,

Subsidence.

What other cover should I consider ?

You should consider legal expenses cover. If you have to go to court to defend your rights you will incur uninsured losses and other legal expenses. Legal expenses cover gives you peace of mind that comes from knowing that you are in a position to get what you are entitled to in court and that you will not have to compromise an action simply because you cannot afford to risk the costs.

For more on Personal legal expenses insurance, see here>>>    

For more information and help, contact one of our qualified experts for a no obligation consultation today.

Use the call me back button (above)

Or start the quotation process by clicking on the quotation button above. {KomentoDisable}

Financial Review

A Financial Review is a full check up of all your financial outgoings the purpose of which is to ensure that you are spending no more than necessary and getting the best value for your money. Your life protection, serious illness, income protection, retirement provision, savings both short and long term will be accessed and you will be provided with a full report of the findings.

What documents do I need in order to avail of a Financial Review?

Any existing financial documents such as bank statements, mortgage statements, life protection policies, car and home insurance policy documents together with any insurance documents.

How much will it cost me?

Not having a Financial Review could cost you thousands. Most reviews lead to substantial savings. Your first appointment is FREE and a detailed account will be provided to you at this meeting.

How long will it take?

Your first meeting will take approximately 1 hour and your second should take approximately 45 minutes. Don’t delay –call 1890 666 666 and make your FREE appointment today.{KomentoDisable}

Your holiday home is a valuable asset. You want to protect it with the right insurance policy for you,but you don't want to pay too much for it.

You need the best policy at the best premium.

A holiday home insurance policy should include all the usual perils you would expect from a standard home insurance policy but also be extended to cover property owners/public liability.

The buildings sum insured should be the re-building cost of the property not the valuation.

Your policy should include;

• Fire Brigade charges covered up to €2,000

• Public Liability up to €3,000,000

• Liability cover for paying guests available where requested

• Contribution towards alternative accommodation should your property become uninhabitable as a result of an insured risk

• Replacement of locks up to €250

• When Holiday homes are vacant any time from 1^st November to 31^st March, the policyholder must have a responsible person checking the property on a weekly basis and the water must be turned off and drained from the system unless the heating system is coming on on a daily basis.
• If there is a thermostat fitted to the heating system, this must be set to a minimum temperature of 55 degrees Fahrenheit.
• This is the sort of detail that is important to ensure that your property is protected – at mypremium.ie we pay attention to the detail {KomentoDisable}

 My holiday home is let out. Can you provide insurance for it?

Yes. Use the quote button above for a competitive quote.