Personal Life Insurance Quote
Life Cover
Life cover pays out a tax free lump sum of money if the individual(s) insured passes away during the term of the policy. Providing peace of mind for you and your loved ones.
It is a tax-free sum and it can be used to help with the following:
- Look after your family and dependents financially.
- Cover funeral expenses.
- Helps to cover childrens education costs.
- Can be used as a replacement income.
Level Term Cover
This is also called Term Life Insurance. With this policy, you choose how much life cover you would like (Sum insured) and how long you would like the cover for (the Term). You can insure one person or two people on this policy. If the person insured dies during the term of the policy, a pay-out is made and the policy ceases. If you do not die before the end of the term of the policy, the policy will also cease. There is no savings element to these policies.
Convertible Term Cover
Convertible Term Life Insurance is similar to Level Term Life Insurance but with an added benefit. This type of cover gives you what is called a ‘Conversion Option’. This allows you to extend the cover beyond the term at any time before the expiry of your existing policy without medical underwriting.
In effect, you are setting up a new life insurance policy without having to supply any medical information. It is slightly more expensive than Level Term Assurance as you are paying a higher premium for the option of extending your cover in the future regardless of your state of health.
Serious Illness Cover
You can choose to incorporate serious illness with your life insurance or as a stand alone policy. Serious illness cover pays a tax free cash lump sum if you are diagnosed as suffering any illness from a specific list of illness that the insurance company provides.
Indexation
Indexation is an optional benefit that allows you to increase your life cover each year in line with inflation. This means that the level of cover that you have will increase each year by a certain percentage. Your premium will also increase each year and the rate your benefit increases is lower than the rate your premium increases. For example, Royal London increase your benefit by 3% and your premium at 4%. Each provider has different rates of indexation. You can opt out of indexation at any stage during your plan.
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Get your discounted quote comparison online, comparing every provider in Ireland in an instant. You can choose to continue your application on any quote that you find suitable for your needs.
Quick Questionnare
You will be asked a number of questions on your online questionnaire, this helps us to pair you with your dedicated insurance advisor and helps them to better prepare for your call. This should take less than five minutes.
Protected
Your dedicated advisor will assess the details on your preliminary questionnaire, learn more about you, your suitability and provide additional options if required. You can choose to proceed with cover on this call if you find the option(s) suitable. You can be covered by the end of this call.
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