Term Life Insurance with Specified Illness Cover
Term plan with Life and Specified Illness Cover will give you life cover and Serious Illness for a term based on you age and health. The premium is fixed for the term of the plan which is also based on your affordability and the cover you need to support your family.
In the event a Illness once the illness is cover under the plan you will receive a lump sum based on the cover you have taken. some illnesses covered is cancer, heart attack, and many more.
The Lump Sum can be used for when you are unable to work to pay
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Medical bills
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Mortgage and loan repayments
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Daily living expenses if you’re unable to work
Serious Illness Cover will allow you to focus on getting better. You get the peace of mind that if something unexpected happens to your health, you and your family will still have financial support
Quote Example
. 35 year old Male 34 yr old Female Term Plan Convertible Smoker
Life Cover €200,000 €200.000 15 yrs Yes No
Serious Illness Cover €100,000 €100,000 15yrs Yes No
Premium Monthly €80.27
Premium Cost is based on the amount of Cover, the term, smoker and the health of the client . This policy
is convertible which means you can take out a new policy at the end of the term without new medical evidence
This will cover both people for 15 years and in the event of Serious illness or Death the policy will pay out the sum assured.
e.g. The Female client gets sick and there is a claim made on the policy. i.e. €100,000
( once all medical evidence is summited to the claims )
The Serious illness is then cancelled for the female client, however she is still has Life Cover for €200,000
The male cover Life and serious illness cover remains unchanged
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