Life Insurance

Term Life Insurance - Zurich Life


(01) 845 0049

Term Life Insurance from Zurich Life, offers a straightforward tax-free lump sum payout on death during the policy term. The policy can include both you and your partner and it also allows you the option of including Serious Illness lump sum Cover. It comes with a host of automatic policy benefits, including long-term care conversion and funeral expense early pay-out, as well as with a choice of optional added benefits, detailed below. The first month also comes free, making it among the most comprehensive and best-value life insurance plans on the Irish market.

Life Insurance

Complimentary Additional Benefits

Your insured life cover amount up to a maximum of 150,000 is payable, if a life proposed dies from bodily injury as a result of an accident, while Zurich Life is processing your fully completed application form, and within the first 30 days from application receipt.

This allows you to increase your Life and or Serious Illness benefits by the lesser of 50% of the original benefit at the start date of the policy and €100,000, without underwriting following any of the special events listed below:

  • marriage or registered civil partnership;
  • birth or adoption of a child;
  • promotion or change in job which has resulted in an increase in salary;and
  • new mortgage or increase in an existing mortgage


The total maximum increase across all options over the life of the policy is the lesser of €200,000 and the original sum insured at the policy start date.

This is an automatic additional benefit. You have 90 days to reinstate your policy after your first missed premium payment. Furthermore, it can be reinstated even if a claim has arisen. However, it cannot be reinstated if Zurich Life has received a written request from you to cancel the policy.
If you are diagnosed with a terminal illness your full life cover sum will be paid out. (This benefit ends twelve months before the end of the term you have chosen).
Designed to convert up to 150,000 of your life cover into monthly payments towards long-term care, in the event that life assured has suffered long-term care disablement. A maximum of 50 payments can be made, but you can only make a claim for this benefit between the ages of 60 and 65, on the proviso that there are 10 years remaining on your policy at the time.
Where Zurich Life has confirmed in writing that a claim under this section is valid and that benefit will be paid subject to the production of Grant of Probate, or Grant of Letters of Administration, Zurich Life will, upon written request issue payment in respect of the funeral expenses of the deceased directly to the funeral director on the production of the funeral director’s invoice to a maximum of €7,500.
Parental Respite Cover can help provide parents with important financial breathing space should the worst happen and your child suffers a serious illness, or a bereavement occurs. Child cover applies from birth to age 18 or up to age 25 if in full-time education. A maximum payment of €7,000 applies to life cover and a €25,000 maximum to serious illness cover claims.

Optional Added Benefits

Where you choose to include Serious Illness cover on your life insurance policy, if you are diagnosed with one of 70 specified serious illnesses during the term of your policy, a lump sum will be paid out. 47 full payment illnesses and 23 partial payment illnesses are covered, including the 3 major full payment conditions of cancer, heart attack and stroke.
Waiver of Premium – If you are unable to work due to illness or disability, Zurich Life will pay your premiums after a period of 13 weeks has passed. To add this benefit to your quote please call us on 01 845 0049.

On proof that a life insured in respect of whom Hospital Cash benefit applies has been confined to a hospital in Ireland or the United Kingdom as an in-patient as a result of illness or bodily injury for a continuous period exceeding 72 hours, Zurich Life will pay the Hospital Cash benefit for that life insured.

The Hospital Cash benefit is your chosen Hospital Cash cover level (up to a max of 300 per day) multiplied by the number of days (complete periods of 24 hours) the life insured is hospitalized. The maximum number of days for which benefit shall be payable for a life insured is 365. Hospital Cash benefit ceases on the 65th birthday of a life insured. To add this benefit to your quote please call us on 01 845 0049.

Personal accident insurance is a cover that protects you in the event that you suffer a serious injury, as a result of an accident, which prevents you from working.

On proof that a life insured in respect of whom Personal Accident benefit applies has become temporarily disabled as a result of an accident that occurs in Ireland or the United Kingdom, Zurich Life will pay the Personal Accident benefit applicable to that life insured (up to a max of 400 per week).

For the purposes of this benefit, temporarily disabled means completely unable to follow the occupation the life insured was following prior to disablement, directly as a result of an accident caused by external, violent and visible means.

A disability that occurs within six months of the Start Date cannot be considered unless such disability is caused by a broken bone and results in a total inability of the Life Insured to carry out his occupation.

The benefit will not be paid if the life insured is in any other gainful occupation. The amount of the Personal Accident benefit is equal to the lesser of your Personal Accident benefits cover level (subject to a max of 400 per week) and 50% of the life insured’s weekly earnings for each week of temporary disablement to a maximum of 52 weeks. Personal Accident benefit ceases on the earlier of the death, recovery, and 60th birthday of a life insured. To add this benefit to your quote please call us on 01 845 0049.

Personal Accident benefit will not be paid for the first 14 days of temporary disability. Personal Accident benefit is payable in arrears. It is only payable up to the date a medical practitioner signs the claim form.

Optional Added Features

Where you choose to include a Conversion Option as part of your life insurance policy, you can later choose to extend your life cover, without having to provide fresh medical information at the time. The maximum extended term is to age 90 or 75 if Serious Illness or Cancer cover is included in the policy.

Where you choose to include Inflation Protection, as a feature of your life insurance policy, on every year’s policy anniversary, Zurich Life will automatically increase your life cover by 3% and the premium by 4.5%.

Get in touch

Let's Talk

Schedule your free consultation right now.