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Life cover pays out a tax free lump sum of money if the individual(s) insured dies within a certain time period i.e. during the term of the policy.
It is a tax- free sum and it can be used, for example, to help with the following:
How much cash should be readily available?
What sort of income will your family require?
How long do you think your family will require cover?
Think about any cover you have already arranged. Affordability is key.
Received great service from the team at low. This is my 4th year with Low and my 3rd policy. I have been doing mortgage swap. All my requests and changes were catered for with efficiently and effectively. They got me the best price and handled all the administration. The gift voucher was a super touch. Thanks Laura and Andrea.
Muiris
Absolutely Brilliant -professional compassionate and a joy to work with. Look no further - use low.ie
Greg Hayes
Excellent customer care. Long lasting insurance application process (case not over yet) with many delays due to various reasons. Would it not be for Laura's knowledge on next best steps to take and diligent follow-ups all way through (with all parties involved), this case would be lasting much much longer. I recommend higher management to review this case as an example of true excellent customer care.
Tuulia