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 obviously 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.

This is also known as Guaranteed Insurability, this benefit provides the option to increase your level of Life Cover and/or Specified Serious Illness Cover, without providing further medical evidence, following any of these events:

• Increase in your mortgage, either to purchase a new main residence or for home improvement of your main residence
• Marriage
• Birth or adoption of 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.The maximum total increase you can make for all events over the policy term is the lower of €200,000 and the original level of cover for that benefit.This option ends when you reach age 55, or when the older person reaches age 55 for a Joint Life policy.

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 life insurance claims which are accepted, but delayed due to probate, Royal London will now provide an advance payment of up to €10,000 to cover funeral costs of the deceased. This feature is limited to death claims and only covers Funeral Director costs.

If you miss payments for what ever reason you won’t come off cover for up to 100 days and can then choose to reinstate your cover by covering your missed payments.

Once your policy is ready for release your first months coverage is provided absolutely free, once it proceeds within 30 days of underwriting being completed.