If you own your own home you'll have mortgage protection. But, remember, mortgage protection will clear your mortgage and nothing else. That's why Life Cover is so important. It pays your family a lump sum if you die which acts as a form of income replacement - just when they need it most.
Life cover is something you can rely on. Arranging adequate cover is the easiest way to help secure your family's financial future and give you peace of mind.
According to research, only 33% of people surveyed have a life insurance product which is not linked with their mortgage. (Source: Amarach Research, April 2011).
Life Cover Guide
Cost of Cover
The cost of your cover depends on factors such as your age, gender, amount of cover and term of cover. Premiums will stay the same throughout the term of your plan, unless you chose indexation which will increase your cover (and its cost) yearly to keep up with inflation. The plan pays you a lump sum if you die or are diagnosed with one of the covered specified illnesses.