Mortgage Protection

Life & Specified Serious Illness Cover - Royal London

(01) 845 0049

Life Insurance & Serious Illness Cover from Royal London will pay-out a tax-free lump sum on death, but also covers for 100 specified illnesses, 60 full payment illnesses, and 40 partial payment illnesses, with the most comprehensive cancer and cardiac cover on the Irish market.

The policy also includes “Helping Hand” as well as a number of other complimentary benefits detailed below. Royal London is a market leader in the provision of comprehensive serious illness cover in Ireland.

Mortgage Protection

Additional Featured Benefits

Helping Hand is available to use from the day your policy starts – not just when making a claim. It doesn’t cost anything extra to use and your partner and children can use it too.

Some of the ways in which Helping Hand could benefit you:

  • face-to-face second medical opinion
  • speech and language therapists
  • oncology nurses
  • physiotherapy
  • cardiac rehabilitation support
  • complementary therapies
  • massage and reflexology
  • the provision of bereavement counsellors


Royal London Ireland is owned by The Royal London Mutual Insurance Society Limited – the largest mutual life insurer in the UK and in Ireland in 2021 they paid put over 43 million in Claims.

Instant advance life cover is a unique service that provides temporary Life Cover for up to four weeks during the application and underwriting process. So, for no extra cost, you’re protected even before your policy officially starts.

You can get Instant Life Cover for the sum assured applied for, up to a maximum of €500,000 across all applications. It’s available on all new applications for Life Cover for customers aged 60 or below.

The death of a child is certainly not something anyone likes to think about,especially when it is your own child. If Life Cover is included as part of your policy, a sum of €5,000 will be payable if a child of yours dies during the term of the policy. All of your children, from the age of 3 months until their 18th birthday (21st birthday if in full-time education), are covered during the term of the policy.

Children are also covered for the same specified illnesses as the policyholder subject to a maximum of €25,000 for full payment illness and €7,500 for partial.

The child cover applies between the ages of 3 months and 18, or 21 if in full-time education.

With this, you can increase the level of your cover without providing any medical evidence, following any of these events:

  • Your mortgage increases, either due to the purchase of a new main residence or the improvement of your main residence;
  • You get married;
  • You have, or adopt a child.


The maximum increase you can make following any one of these events is the lower of €100,000 and 50% of the original level of cover for that benefit. This option ends at aged 55 years old or in joint policies when the older person reaches 55 years old.

In the event that you are diagnosed with a terminal illness and have less than 12 months to live, we will pay the full amount of your Life Cover as at the date of diagnosis. A terminal illness is an illness where, in the opinion of the attending Consultant and Royal London’s Chief Medical Officer, you will not survive the next 12 months.

For policies where 2 people are involved, and where serious illness has not been chosen in addition to the life cover, Royal London allows dual life cover benefits for the same price as their joint life cover benefits.

Royal London will pay an advance payment of the cover in place, up to the value of €10,000, to cover Funeral Director Costs.

This payment can be made to the Funeral Director directly or to the Executor(s) of the estate.

Royal London will pay up to €20,000 of that cover immediately should you be diagnosed as needing any of the following surgeries and have given us the evidence we need about the condition:

• Aorta Graft Surgery
• Coronary Artery Bypass Graft Surgery
• Pulmonary Artery Surgery
• Heart Valve Replacement or Repair.

This benefit will provide cover in the event that you
donate a living organ to a family member.

We will pay €2,500 to the family member who has received the living organ as a one-off cash lump sum if you donate one of the following:

• Kidney; or
• Portion of liver; or
• Portion of lung; or
• Bone marrow.

The first month premium comes free, with you choosing a fully flexible policy start date.

Optional Added Features

Where chosen, this option allows you to convert your cover to another policy without having to provide new evidence of health. You can use this option at any point over the course of your policy, up until the age of 70. (If you are on a Joint, or Dual policy, you can use this option up until the oldest person on the policy turns 70). The maximum age to extend cover is to age 90, the highest on the Irish market.

Where chosen, Inflation Protection ensures that your cover increases by 3% and your premium increases by 4% each year. This helps to protect the real value of your cover as time passes.

Optional Added Feature

By choosing to include a Conversion Option you obtain the option to convert your life cover into another policy, without having to provide fresh evidence of health. This option can then be used at any time during the policy term up to your 70th birthday (or before the 70th birthday of the older life for Dual Life policies).

The main purpose of including this option is to protect you against a change in your future financial circumstances, where you may need to extend your mortgage term to lower your mortgage repayments or move to interest only. But it also allows you to alter your policy, where you may wish to re-mortgage due to home renovations.

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