Protect What Matters Most
You’re used to a certain lifestyle. Your monthly spending is a mixture of must-dos (such as your mortgage) and want-tos (going out etc). Your income is probably your most important asset. It funds everything from what’s in your fridge to where you go on holidays.
How would you cope if your income suddenly stopped as a result of unexpected ill health?
A protection plan can be used to protect you from the financial impact and uncertainty that comes with unexpected illness and can ensure you don’t pass on the burden of any loans on death. For a very small proportion of your income, you can put a financial protection plan in place to ensure you would have the money needed if these unfortunate events happened to you.
New Ireland's market leading protection plan, Life Choice, is second to none in terms of value for money and flexibility. Your needs will change as you move through life. You may change jobs, move house, get married or have children. Unlike most protection plans Life Choice lets you change your cover to match your changing needs as you move through life.
Life Choice gives you real peace of mind
Life Choice can give you the money you’d need to maintain your current lifestyle and meet any additional expenses in the event of illness or injury or can leave your estate debt free in the event of death. Life Choice can be used to:
- Replace income lost because of illness or death so you don't suffer financially
- Pay you a lump sum amount that you can use to clear debts or reduce/clear your mortgage
- Pay a definite lump sum amount on death even following the end of your cover term to meet funeral expenses
You can even add one or more optional benefits protect yourself financially in the short-term.
- A stay in hospital (for more than 3 nights)
- An accident which leaves you unable to work (for more than 2 weeks)
- Suffering one of a number of broken bones
- Undergoing one of a number of surgeries
With Life Choice you can get comprehensive income protection from just €1.48 a day.*
You can't predict the future but you can plan for it.
While we all hope and often believe it won't happen to us, the reality is that people throughout Ireland are affected by these events every day. In 2012 alone, New Ireland paid out over €94 million to customers impacted by ill health, serious illness and unexpected death. Click here to view a summary of claims paid out in 2012.
For a further look at the benefits of having a protection plan in place read our singles case study or watch our customer stories. For a more detailed look at the cover available read our Life Choice brochure. Alternatively you can contact a Financial Advisor.
*Based on a non-smoker, aged 30 next birthday, for income protection cover of €30,000 a year payable to age 65, with a deferred period (period before income replacements start) of 26 weeks.
Terms and conditions apply. Benefits are subject to underwriting and acceptance by New Ireland Assurance Company plc. It is important to note that certain restrictions, conditions and exclusions apply.