Over 50s Life Insurance in Ireland

Over 50s Life Insurance

Over 50s life insurance in Ireland has grown in popularity as the average age of the population rises. More and more insurance companies have developed specialised cover that is specifically aimed at the older generation. These particular polices enable people aged between 50 and 80 to avail of decent life cover at reasonable costs.



Many Irish insurance companies offer guaranteed acceptance without any medical examinations - the only acquirement being that clients are aged over 50. Guaranteed lump sums can also be offered to clients before they sign up to a policy which will enable how much their particular cover will cost.

Usually, over 50 life insurance premiums are paid monthly amid many brokers will guarantee that the monthly payment costs will not change in the duration of the policy. However , before purchasing life protection it is important to check the policy thoroughly. Smme insurance companies will not pay the full lump sum if a client dies within the first 2 or 3 years of purchasing a policy but will only pay the client's family what the have paid towards the policy.

Good Over 50s Insurance Protection

Here, in Ireland, picking an over 50's life insurance policy can sometimes be a confusing and a difficult task. As more life insurance products are released on an almost daily basis, it can be hard to find a product that will suit your needs as well as your pocket. It is however, important to remember that there are a number of basic facts that you should keep in mind before choosing insurance protection. You should always think of the following facts;

  • Policy price - The monthly or annual cost of an insurance policy
  • What is covered - What does the over 50s life insurance cover apart from the event of a death such as mortgage protection or income protection in the event of a serious illness.
  • Is there an excess cost? - Most policies demand and excess charge for each and every claim including some life cover.
  • Amount of payout - What will the total lump sum payout amount to in the event of an accident, illness or death.
  • Searching for an over 50s Insurance Quote

    There are several means to help find an over 50's life insurance quote. In modern times, the internet has grown to be the most popular method to find good value insurance products. With ever more comparison websites appearing on the net the choice for getting a decent policy has grown considerably. Although these online insurance providers can offer great mortgage cover, it is important to remember to contact any brokers situated in your area, as they may be able to match the cheapest deal. A local broker may also be persuaded to provide any additional benefits such as serious illness cover or income protection and because they are situated in your locality it could prove that they provide a better service and more easily contacted.


     

    Best Performing Life Insurance Companies

    Here are the top performing life insurance companies in Ireland according to the latest expert, retail and customer reviews.



    For more information contact the team at Eire Insure by emailing   insurancefriendly@gmail.com

    1.
    Allianz Life Insurance
    2.
    Zurich Life Insurance
    3.
    Britton Life Insurance
    4.
    LLoyds Life Insurance
    5.
    Irish life Insurance
    6.
    New Ireland Life Insurance
    7.
    Setanta Life Insurance
    8.
    Aviva Life Insurance
    9.
    Blue Life Insurance
    10.
    FBD Life Insurance