Life Insurance

Whether you’re buying your first home or already own a second property, life insurance is key to protecting your family’s future and ensuring they can stay in the home you’ve worked hard for—no matter what life brings.
Having the right life cover in place can mean the difference between your loved ones staying in the family home or facing financial stress.
In this blog, we’ll explore why life insurance is so important for homeowners, the different types of cover available, how it compares to mortgage protection, and how to choose a policy that suits both your mortgage and your family’s needs.

When considering life insurance, the focus often falls on the primary breadwinner. After all, their income provides financial stability for the family. But what about the contributions of a stay-at-home parent?

While they may not earn a salary, their role in keeping the household running—from childcare to managing daily tasks—is invaluable.

Without their support, the family would face emotional challenges and significant financial strain, as replacing their efforts with paid services could become a significant expense.

If you’re living with your partner but aren’t married, you may not realise the impact inheritance tax could have on life insurance payouts. Unlike married couples, cohabiting couples in Ireland are treated differently when it comes to taxes, meaning a significant portion of your inheritance could be lost to the taxman.

Luckily, there are ways to protect your loved ones from hefty tax bills and ensure that the full value of your life insurance payout reaches your partner. In this article, we’ll walk you through the options available to cohabiting couples, so you can make informed decisions to safeguard your financial future.

When it comes to life insurance, many people feel relieved once they’ve secured a policy. It feels like a box has been ticked. It may seem like your family’s financial future is safe, however what if your cover isn’t enough? What if you think you’re fully protected, but changes in your life or finances mean the policy no longer fits your family’s needs?

If you purchased life insurance a while ago and haven’t reviewed it, or if your financial situation has changed, you could be underinsured. Here are some signs that your cover might not be enough to protect your family as planned.

Life insurance can feel tricky, especially when all the terms start to get confusing—right when you’re trying to make important financial decisions.

To simplify things, we’ve compiled a simple glossary of commonly misunderstood life insurance words for you. Our goal? To help you understand the basics of life insurance in Ireland and make the whole process feel smoother.

Choosing the right life insurance is essential for safeguarding your loved ones and securing your family’s financial future.

Whether you’re a super mum, super dad, single parent, or just got married, you might be considering whether joint or dual life insurance is the best option.

Each option has advantages, but the best choice depends on your unique needs and circumstances. Let’s explore their differences, so you can make informed decisions supporting your family’s financial well-being.

Whether you’re single or providing for your family, you might be wondering if you can increase your life insurance cover without dealing with health questions.

Especially if you’ve been diagnosed with a serious illness that could prevent you from getting a new life insurance policy, you might worry about how to increase your cover if needed.

Thankfully, there’s hope. If your existing policy includes a Guaranteed Insurability Option (GIO), you can increase your cover without undergoing additional medical underwriting. However, certain criteria apply.

Firstly, you’re going to die. This is the only certainty we have in life. We don’t know how or when, but it will happen. It’s natural to feel uncomfortable thinking about or talking about it, but death is an inevitable part of life.

While you can’t change this reality, you can prepare to ensure your family doesn’t face financial hardships while also dealing with a terrible loss.

Planning for the future is a crucial responsibility for all parents, but it becomes even more critical for parents of special needs children. Whether you’re married or a single parent, understanding your child’s specific needs and how to provide for them financially is essential.

Here’s what you need to know before buying life insurance as the parent or guardian of a child living with a disability.