Mortgage Protection Recommendation
Some of the ways in which Helping Hand could benefit you:
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 TLC 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 TLC 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.
If a child of the lives assured dies during the term of your policy, a sum of €5,000 life cover will be paid out. All of your children between birth to 18 (or 21 if he/she is in full-time education) are covered.
For mortgage protection 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.
This is an automatic additional benefit. You have 100 days to reinstate your policy after your first missed premium payment.
Furthermore, it can be reinstated even if a claim has arisen.
If you are diagnosed with one of 100 specified serious illnesses during the term of your policy, a lump sum will be paid out. 60 full payment illnesses and 32 partial payment illnesses are covered.
When you choose to add Serious Illness cover on your policy, your children are covered for up to €25,000 for full payment serious illnesses and up to €7,500 for partial payment illnesses.
Return to the quote result page and download your customer guide for details of all illnesses covered.
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