Life Cover

Life CoverPROTECTING YOUR LOVED ONES WITH LIFE COVER & ILLNESS COVER.

Looking after your loved ones means more than providing for them month by month. It also means making sure that their lives are financially secure in the event of you dying or suffering a life-threatening illness. Life cover provides this financial security.

Life Cover will pay your family a lump sum if you die during the term of the cover. You can take out term cover for a specific period of time or whole of life. In each case, if you die your family will receive a lump sum and/or monthly payments, which they can use to:

 

  • Secure the family home (Pay off the mortgage)
  • Pay off any outstanding debts
  • Funeral Expenses
  • Support their lifestyle and outgoings

 

Types of Life Cover:

 

  • Mortgage Protection – Pays off balance of Mortgage
  • Term Assurance – Fixed Lump Sum
  • Income on Death Benefit (Family Income Benefit) – Monthly income

 

Specified Illness Cover will pay out a lump sum in the event of you being diagnosed with one of a number of specified illnesses. These are usually serious life-threatening illnesses such as multiple sclerosis, motor neurone disease and the more aggressive forms of cancer. The types of illnesses vary from provider to provider so it’s very important that we assess the most suitable cover that is being offered in each case.

We can help you choose the right Life or Specified Illness Cover (combined with life cover or standalone) and then securing this cover at the most competitive rate. In certain circumstances, tax relief can be achieved on life cover premiums.

 

Calculate the cost of your Life Cover with our Cover Calculator and Quote Calculator.

 

Contact one of expert advisors today on 021 4356000 or mailus@olearylife.ie.