LIFE COVER

The main purpose of this Protection is to protect your family's income in the unfortunate event of your premature death. Life cover pays a lump sum to your dependants upon your death. State benefits are limited, and your family could suffer financial hardship if you die prematurely. All Life Cover protection contracts are designed to replace lost income and provide a financial benefit when it is needed most.

Life Cover
Term assurance is the most cost-effective way to arrange life assurance. There is no element of saving, it simply offers you cover so long as you pay the premiums.
Should you die unexpectedly, the people who depend on you will rely on the financial preparations you have made while you were alive. One of the most important forms such security can take is life assurance.

This can be indispensable in the following way:

• Providing money for your family and dependants at a difficult time
• Helping to ensure any outstanding debts can be repaid

Convertible Term Assurance
You can choose to have the option to switch all or part of your life cover into another Life policy that is available at the time, regardless of your state of health. This option would allow you to take out a future life policy without the requirement for any medical evidence.

Indexation
You pay a slightly higher premium should you wish to include this option as this allows the benefit and premium to automatically increase each year during the term of the plan. This option helps to maintain the ‘real’ value of your benefit when inflation is taken into account.

For information, advice or a quotation please use the contact us form here or email info@ppsdelaney.ie.