How does the Unique Death Benefit work?
Since 2005, New Ireland has been protecting single premium investment customers from the effects of negative fund performance through our Unique Death Benefit.
If death occurs before the fifth policy anniversary, the death benefit payable will be at least equal to the total premiums paid less any previous encashments or regular income payments.
Our Unique Death Benefit applies to the following single premium policies:
- Single Premium Pension Plans
- Personal Retirement Bonds (PRBs)
- Approved Retirement Funds (ARFs)
- Smart Funds