LIFE ASSURANCE & PROTECTION
What is Life Insurance & Protection?
Clients of HC can always rest assured that their Life Insurance & Protection needs are catered for. We deliver the best value available in the market and work with our clients to ensure that they access the appropriate level of cover at a price that they can afford
Life Insurance & Protection is a form of insurance that can pay a lump sum to your family if you die, provided of course that you have taken out a life policy. They can use this lump sum to pay off bills or the mortgage. It is important to keep up your payments to maintain your level of cover.
Have you thought about how you would get by financially if you got sick? Lost your job? Or just couldn’t work for a while because of an injury?
Income protection pays out an income if you cannot work due to an illness or injury but not if you become unemployed. For all protection policies you must keep up your payments to stay on cover.
Some of the Types of cover available are as follows:
Term Life Assurance
Term Life Insurance is life insurance over an agreed term (length of time you choose to be covered for) which pays a cash lump sum if you die during the term of your plan.
Specified Illness Cover
Specified Illness cover provides a lump sum in the event that you are diagnosed with one of the 44 illnesses covered under the plan. It also offers a partial payment of €15,000 for 21 milder but still life altering illnesses.
Life Long Insurance
Life Long Insurance provides the level of life insurance you choose for the duration of your whole life. You are covered as long as you are accepted and continue making your regular payments throughout this time.