- eamonn@easylifecover.ie
This is a regular payment whole of life assurance plan.
The cost of your cover will stay the same throughout your plan (unless you choose indexation) and there are no reviews. The plan only provides life cover. It is not a savings plan and does not have a cash-in value. The aim of the plan is to help your family with expenses when you die for example funeral expenses. It can also be used to provide tax efficient inheritance cover for your family. If you only need life cover for a certain period, one of our term insurance products may be more suitable for you.
You cannot change the level of cover once the plan has started. We have kept the plan as simple as possible to keep the costs down.
There are different types of life cover.
The plan covers one person and we will pay out the life cover once, when that person dies.
Two people are covered individually. We will pay out when either of the people die.
The plan will continue with full cover on the other person as long as they continue to make payments.
Two people are covered. We will pay out once, when either you or the second life assured die, whichever death is first. The plan will then end.
We will pay the life cover when the second person covered dies. After the first death of the two people covered, payments must continue, and we will not pay any benefit.
The cost of cover depends on your age, health, smoker status, how much protection you want, or the level of protection you want is based on the value of the assets you are making inheritance tax provision for. The minimum payment is €15.15 including the 1% government levy (May 2024). We include the cost of setting up and managing the plan, including sales and commission costs, in your payments. This plan is paid by direct debit. You can choose to pay every month, three months, six months or year. Life Long Insurance cover is for your whole life, so you may pay more for this cover and must continue to make payments even after you retire
Speak with our advisors and find the right cover for your needs simple, fast, and tailored to you.
