What is a Life Insurance Lump sum?

Published: 26 Nov 2019

There is great peace of mind in knowing whatever may happen to you, your children will be taken care of. Life Insurance pays out a lump sum when you die, which may help your family to continue on without your income. See all the helpful ways this lump sum could be used to safeguard your family’s financial security below.

Life Insurance Lump Sum Infographic

Having a life insurance policy in place is a good way to prepare for the worst happening. To find out more about what life insurance actually is, click here.

We know there’s only one you so make sure you safeguard your children’s financial security with Aviva life insurance from as little as €10 per month1.

Life insurance from €10 per month

Ready to get cover? Talk to us today!1

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Life insurance articles

Take a look at our library of helpful articles and news.

18 Apr 2023

Aviva pays out over €118.6 million in protection claims in 2022

Aviva Life & Pensions Ireland (Aviva), reported that the company paid out €118.6 million in claims to customers with protection policies in 2022.

22 Apr 2021

Aviva Life Claims increase by 9% to €109 million in 2020

Aviva Life & Pensions Ireland DAC (Aviva), one of Ireland’s leading insurers, today reported that the company paid out almost €109 million to customers with protection policies in 2020.

2 Dec 2020

Reasons to buy life insurance in your 20s and 30s

Getting financially stable as a young adult may be the last thing on your mind. Did you know life insurance could be less expensive in your 20s / 30s?

7 Sep 2020

What to do after a death checklist

The loss of a loved one can be a very difficult time. With this handy checklist find out the steps to take immediately following a death and the weeks subsequent.

29 Jul 2020

Do I need life insurance if I’m retired or an empty nester?

Even after you retire or your children are now financially independent, keeping your life insurance is still a good idea and here are the reasons why.

16 Jun 2020

How much life insurance do you need?

The amount of life insurance you need depends on your personal circumstances. Here are some things to consider before talking to a financial adviser.

7 Apr 2020

Financial scam phone calls and emails

16 Mar 2020

COVID-19 and Aviva Life & Pension Ireland

To reassure you, no new COVID-19 restrictions have been applied to our protection policies and currently there are no plans to amend our acceptance criteria.

6 Sep 2019

What is Best Doctors® Second Medical Opinion service?

With Best Doctors® you receive a second medical opinion, so you can feel assured and fully informed about your condition and what it means for you and your family.

6 Aug 2019

What is life insurance?

What is the difference between Life Insurance and Life Assurance? What Life Insurance Products are on offer from Mortgage Protection to Specified Illness cover.

26 Jul 2019

Nonsense Facts About Life Insurance

You can’t know for sure what the future will bring. That’s why life cover is such a good idea.

5 Jul 2018

Dummies Guide To Life Insurance

There are many things in life that we hold dear, and we try our best to protect them. With so many available options to protect ourselves and our families from an unexpected rainy day.

5 Jul 2018

The affordability of Life Insurance

For peace of mind for you and your family, we believe that it is well worth it –you don’t need to cut out any of the finer things in life.

26 Jun 2018

Why Do We Need Life Insurance?

We can’t know what the future holds for us, or our families, and nobody likes to imagine any frightening possibilities.

26 Jun 2018

Why stay at home parents need Life Insurance too

We all put our families first, and here at Aviva we want to help you protect everything you hold dear in life. Life Insurance is a means of protecting your family should the worst happen.

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1. Acceptance criteria, terms and conditions apply. These monthly premiums are based on single life cover of €165,000 for a person aged 31 next birthday and a non-smoker, over a 10 year term, total amount €10.06. Source: Aviva Life & Pensions Ireland DAC as at July 2020.

Aviva Direct Ireland Limited is regulated by the Central Bank of Ireland. A private company limited by shares. Registered in Ireland No 374895. Registered Office: Cherrywood Business Park, Dublin, Ireland, D18 W2P5.

Life and Protection Cover is underwritten by Aviva Life & Pensions Ireland DAC.

Aviva Life & Pensions Ireland Designated Activity Company, a private company limited by shares. Registered in Ireland No. 165970. Registered office at Building 12, Cherrywood Business Park, Loughlinstown, Co. Dublin, D18 W2P5. Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland. Tel (01) 898 7950.