1. DAVE DENNIS – FINANCIAL CONSULTANT

2. Income Protection…….. Your Needs

3. What is your biggest asset ? Is it your home ?

4. Your Income is an asset Annual salary of €40,000, aged 35 Earnings to retirement = €2M *Based on retirement age of 65

5. What Does Income Protection Do? Income Protection Insures Salary Tax Relief Guarantees Changing Occupation Long term cover Any Illness or Injury

6. SALARY Food Mortgage House/Motor Insurance Clothing VHI Entertainment Light & Heat Pension Holidays Life Cover Savings & Investments Car Loan SOCIAL WELFARE €196pw Self Employed Nil

7. Why do I need cover ?

8. Over-optimism re: State Benefit Married with 2 Dependants: €19k p.a. Self Employed: NIL 25% believe they could survive on the State benefit

9.  Disability on the rise  Financial consequences of disability are severe  More workers & families financially unprepared “Consumers need to take greater responsibility for their personal financial well being” The Need has never been greater……

10. Causes of Disability Orthopaedic 23%* Psychiatric 23%* Heart & Cardiac Disease12% Cancer 10% Respiratory Disorders 3%* Multiple Sclerosis 3% Stroke 4% Other Illness 25%** * These illnesses would be excluded from payment under Critical Illness ** Some of these claims would be excluded from payment under Critical Illness

11. One Insurer paid out over €17m in claims in 2008 Their average claim period is 5½ years Statistically you have a 1 in 6 chance of being out of work for more than 6 months during your working life 90% of disabling accidents & illnesses are not work related You are 3 times more likely to suffer a disability than die during your working life - have you life cover? What are the chances……

12. 1What are my “necessary” monthly living expenses that would continue if my income stopped e.g. mortgage, utilities, food, medical insurance etc. 2Would my personal savings pay for my “necessary” monthly expenses - for one month, three months, six months, longer? 3How long would my assets last if they were funding my day to day living expenses? 4What state benefit I’m entitled to? 5Does my employer have a sick pay plan or long-term disability cover, how long does it pay for? 5 Questions Everyone should ask…… Have a plan in place for disability

13. Asset Protection €50,000 With IP Without IP 4041424443454647484950 0 50,000 100,000 150,000 200,000 250,000

14. YOUR INCOME In Summary…… Mortgage Bills Sports & Social Children’s expenses Holidays Investment & Loans Pension Car

15. Liberty Asset Management Other Services - Pensions Life Cover Investments Mortgages

16. Thanks for your attention ….. Any Questions ?

17. Liberty Asset Management Limited Cherrywood Business Park Loughlinstown, Dublin 18. mail: dave.dennis@lam.iedave.dennis@lam.ie call: 01 6362700 fax: 01 6362780 click: www.lam.ie Liberty Asset Management Limited is regulated by the Financial Regulator