Life Insurance that also pays a regular income
We Make It Simple
At OneQuote.ie, we are committed to making Life Insurance, easier and more affordable, but also to bringing you all the available life insurance product options available in Ireland.
If you are seeking life insurance to protect your family’s income should the worst happen, then life income cover is an option well worth considering.
Income Paying Life Insurance
If you have dependents, you need to protect them against the loss of your regular income if you were to die prior to your retirement. Life Income Cover can provide them with a monthly lump sum acting like a salary replacement, to use to help maintain their normal lifestyle.
Just like standard term life insurance, you can also include lump sum to be paid out on death in addition to the regular income payments, which will continue until the end of the chosen policy term.
The maximum ceasing age on a life income policy is age 85 years, with a maximum policy term of 40 years.
You can include two people on the one policy and by choosing dual cover, you can have different levels of cover on each of you, if required.
Most importantly you can also add a continuation option to this plan, so that if a claim does not occur during the policy term, you can extend cover without having to answer any fresh medical questions at the time.
To find out more about this kind of life insurance and its suitability for you, see below, click here to enquire, or call us today on 1890 727 111.