Now that you're over 50, your family has probably grown up and, hopefully, you're enjoying life to the full without the burden of a mortgage or any other major financial commitments!
However, if you haven't already organised life protection, you still probably need
some life cover.
50+ Easy Life Cover could give your family and loved ones a guaranteed lump sum to help pay any bills and expenses (for example, funeral
expenses) when you're no longer around.
50+ Life Cover is suitable for people who have been refused cover, have had an extra cost applied in the past, or who will not attend for a medical. If this is not the case, a Term Life Assurance policy should prove better value if you are happy to be go through the underwriting process. Click here for a Life Assurance quote
FAQ;s
Q What does 50+ Easy Life Cover do?
50+ Easy Life Cover is a single-life plan. It pays out a guaranteed lump sum when
you die (after two years, unless it was due to an accident). The lump sum is
guaranteed, as long as you have paid your regular payments until the date of your
death or until your 90th birthday. Your regular payments stop at age 90.
Q What type of cover does 50+ Easy Life Cover provide?
A: As Irish Life do not ask you to take a medical examination or ask you for medical details
or health history when you apply, we can only cover you for accidental death
within the first two years. For this plan, accidental death means death caused only and directly as a result of
an accident caused by something violent, which can be seen and which is not linked to any other cause.
If you die because of an accident during the first two years, we will pay the life cover benefit shown in your schedule. (Some exclusions apply around the nature of the accidental death, for example we will not pay a claim for suicide. For further information click here.)
If you die during the first two years of your 50+ Easy Life Cover for any reason other than an accident as described above, we will only pay your estate a full refund of regular payments you have made. After year two of your 50+ Easy Life Cover you are fully covered for life cover as shown in your schedule. There is no cash-in value at any stage, it is not a savings plan.
Q: Who can apply for cover?
A: Anyone aged 50-80 living in the Republic of Ireland can apply for 50+ Easy Life Cover.
Q: Could I be turned down for cover because of my health?
A: No. because Irish Life Life do not ask you for any medical details or health history, all customers are guaranteed to be accepted for cover when you apply for 50+ Easy Life Cover.
Q: What about claiming?
A: Irish Life wants to make claiming under 50+ Easy Life Cover as straightforward as possible. They do not ask you for any medical details or health history when you apply. This means they can process claims quicker.
Q: Why am I only covered for Accidental Death only in the first 2 years?
A: As Irish Life do not ask you to take a medical examination or for your health history when you apply for 50+ Easy Life Cover, Irish Life can only cover you for Accidental Death within the first two years.
For this plan, “Accidental Death” means “death caused solely and directly as a result of an accident caused by violent, visible and external means and independently of any other cause”. (Some exclusions apply around the nature of the accidental death, for example suicide is excluded. Please see exclusions in the product booklet for details.)
After year two
If you die after year two of your 50+ Easy Life Cover plan - Irish Life will pay the Life cover benefit as per your schedule.
During the first two years
If you die because of an accident during the first two years, Irish Life will pay the Life cover benefit as shown in your schedule. Some exclusions apply. Please see exclusions in the product booklet for details.
If you die during the first two years of your 50+ Easy Life Cover for any other reason, Irish Life will only pay a full refund of all regular payments made.
To find out more information on 50+ Easy Life Cover click here
