Serious illness cover pays a lump sum if you suffer from one of a list of serious illnesses covered. This can be used to maintain your standard of living, pay for medical bills and help you cope during a difficult time.
Let's face it, nobody is invincible. That's why, planning ahead, to protect yourself financially if you were to suffer from a serious illness, is important.
You are 4 times more likely to suffer from a serious illness then to die before age 65.(Source: Irish Life claims 2010)
We have a range of options to help you and your family cope financially if your income stopped due to an unexpected accident.
How much could Specified Illness Cover cost me?
Take a look below at some examples of the cost of a specified illness policy. The examples below are based on a 35 year old non-smoking male/female over a 20 year term with stand alone specified illness cover within our Life Term Cover plan.
|Amount of Cover||€100,000||€100,000||€75,000|
|Weekly cost to you||€9.40||€10.26||€13.99|
The couple quote is for a male and female. The cost shown is level and is subject to underwriting and standard acceptance rates. The example doesn't include the cost of the guaranteed cover again option or the 1% government levy.
Some important points regarding specified illness cover on this plan:
- You must be aged between 18 and 59 to take out specified illness cover.
- The maximum term is 40 years.
- We do not pay the specified illness cover if you die, only if you are diagnosed with one of the illness covered.