Life Insurance

LIFE Ireland is authorised by Ireland's Leading Life insurance providers as an Intermediary, such as:

• Caledonian Life
• Canada Life
• Friends First
• Hibernian
• Irish Life
• New Ireland

LIFE Ireland understands that no one life policy is suitable for everyone. Therefore we will tailor a policy to your needs.

The Different Types of protection available are:

Mortgage Protection:

Mortgage Protection is the most cost effective form of protection available. In essence the policy covers the balance of your mortgage in the event of death.

The cover reduces as you mortgages reduces and is taken over the life of the mortgage.

Term Assurance:

Term assurance protects those you love as well as your mortgage. With Term Assurance the level of cover remains the same from the start to it cessation, be that the cover expires over the required term of the mortgage or untimely death. With this cover you pay a premium but this remains the same for the lifetime of the cover. Your mortgage is paid off with the balance being transferred to your estate. Therefore ensuring your loved ones are left financially secure.

You select the term and amount of the cover. The amount covered must be at least the value of your mortgage when it is drawn down.

Whole of Life:

A Whole of Life policy provides a wide range of protection options that you can adapt to suit each different stage of your life. Whereas Mortgage Protection and Term Assurance policies are taken out for specific time periods, Whole of Life cover has no expiry date. They are as the name suggests “Whole of Life” policies, in other words they remain with you for your lifetime or as long are you require and are not tied to any mortgage.

Whole of Life Cover is flexible enough to be used throughout life. Cover levels can be increased or decreased as needs arise and new benefits can be added or removed. Because life assurance is more expensive as we get older, there are regular premium reviews on this type of policy and your premiums may increase over time.

Mortgage Repayment Protector:

Mortgage Repayment Protector is simply designed to pay all or part of your monthly mortgage repayments should you be out of work for more than 30 days due to:

• Accident
• Illness
• Redundancy
• Hospitalisation

Please enter your details below and we will respond within 24hours with a quote tailor made for your needs