protect your family financially

Life Insurance

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do i need life insurance?

It’s not easy to think about, but if something were to happen to you how would your family cope financially without you? A life insurance plan can help protect your family so they can pay bills, childcare costs, loans or mortgage if you were to die

We want to keep it as simple as possible, to find you the most appropriate level of cover for your situation

  • People with family dependents
  • People who are thinking about taking out a mortgage
  • People who are thinking about succession/inheritance tax planning

Life insurance (also known as Life Assurance) is actually quite cheap – and the benefits for your loved ones can be huge!


There are three main kinds of life cover:

  • Decreasing Life Cover (or Mortgage Protection) – Your mortgage balance is covered and as it decreases through capital being repaid, so too does the life cover.
  • Whole Of Life Cover – This covers you until you die for the whole of your life. The younger you start paying into this kind of policy, the cheaper the premiums.
  • Term Assurance – This means that the original sum borrowed is covered for the entire term irrespective of what the balance is when the life assured dies.

 

The price you pay for a Life Cover policy depends on several factors, including:

  • Your age
  • Your health
  • Your lifestyle
  • Whether you smoke
  • The length of the policy
  • The amount of money you want to cover

Not sure where to start?

Let us know, we can help!

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Still Have Some Questions Left?

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Feel free to contact our team to learn more about life assurance and how you can protect your family

Paul Flood, t/a J.J.Flood & Sons, is regulated by The Central Bank of Ireland

Lic No. 001734

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