Guaranteed increasing benefit option

This optional extra allows you to increase your benefit every three years without providing further medical evidence.

It must be:

• A minimum increase of 5% of your initial level of cover
• A maximum increase of 15% of your initial cover
• The maximum accumulated increase must be no more than 2.5 times your original cover, or €630,000 - whichever is less

The increasing benefit option will cease if or when:

• You don't exercise it each time it is available
  
• You (or your partner, if it's a joint or dual life policy) reach 75 years of age
• You receive payment of a terminal illness claim

Marriage, childbirth, or increase in CAT liability

This option allows you to increase your benefit without providing further medical evidence, in any of three circumstances:

• Marriage
• Childbirth
• An increase in capital acquisition tax liability, due to an increase in the inheritance tax rate

The increase must be:

• Up to 50% of your initial sum assured or €60,000, whichever is less
• After three instances of exercising the benefit, the total received must be €120,000 or 50% of your original benefit, whichever is less
  

The option will cease if or when:

• You exercise it three times
• You (or your partner, if it's a joint or dual life policy) reach 75 years of age
• You receive payment of a terminal illness claim