Since 2005, New Ireland has been protecting the investments of single premium customers from the effects of negative fund performance in the first five years 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.
This means that the value of a client’s policy is essentially safeguarded from any negative investment performance in the event of their death within the first five years of the policy.
Our unique Death Benefit applies to the following single premium policies:
• Smart Funds
• Single Premium Pension Plans
• Personal Retirement Bonds (PRBs)
• ARFs and AMRFs
See our flyer for more information including an example of the benefit in action.