What is life insurance?
If your family relies on your income or your role as a stay-at-home parent, how can you make sure they can cope financially without you?
At Aviva, we strive to provide the best life insurance in Ireland to ensure your family can financially maintain their lifestyle, pay off debt, invest for the future or to generate income, pay for education or childcare, or manage living expenses.
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Easy paperwork
We complete all the paperwork with a signature free process.Footnote [3]
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Free accidental death cover
Aviva Life & Pensions Ireland provide free accidental death cover while your application is considered, at no extra cost. Footnote [4]
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Aviva Care
You get access to services like, Digital GP, Best Doctors, Family Care Mental Health support and Bereavement Support.
How does life insurance work?
Flexible protection cover lets you choose your own combination of life insurance and/or specified illness cover. With this plan, you can get just the right combination of protection for the amount and length of time you need it.
How much life insurance do you need?
The level of coverage you choose will depend on your own family circumstances. At the very least, you need to think about the amount your family will need to cover basic expenses if they lose your income.
Take a few minutes to answer these five simple questions to help you choose the type of life insurance and level of cover you may need :
- How much cash might your family need to replace the lost income?
- How long do you want the cover to last?
- Do you want to cover just yourself or do you want to cover you and your spouse or partner?
- Do you want to make sure your cover keeps in line with inflation?
- Do you want to add a conversion option to extend your cover at the end of the initial contract without the need for a medical assessment?The difference between Life Insurance and Mortgage Protection
The difference between Life Insurance and Mortgage Protection
Siocha Costello, Protection Marketing Manager, Aviva Life & Pensions Ireland DAC explains the difference between Life Insurance and Mortgage Protection.
Transcript
00:00:00 Video starts
00:00:05 Siocha Costello, one minute pitch. The difference between Life Insurance and Mortgage Protection, your time starts now.
What is Life Insurance?
00:00:14 Siocha Costello, Protection Marketing Manager, Aviva Life & Pensions Limited
In a nutshell life insurance will pay your dependents a lump sum if you die.
00:00:20
What is Mortgage Protection?
00:00:22 Siocha Costello
Mortgage protection pays out the outstanding balance of your mortgage if you die.
00:00:25
So, what is the main difference between the two?
00:00:27 Siocha Costello
The money from you mortgage protection goes to your lender to pay off your mortgage so your family home is secure. Life insurance gives your family money for all their other expenses, childcare costs, electricity costs and loans.
00:00:41
Why would you need both?
00:00:42 Siocha Costello
If you are taking out a mortgage you are required to have mortgage protection in place, having both means having all your family financial outgoings are taking care off.
00:00:52
When is a good time to get cover?
00:00:54 Siocha Costello
Insurance costs are generally based on several factors. One of those is age so the younger you are generally the cheaper it is.
00:01:03
What do you think is the best thing about these products?
00:01:06 Siocha Costello
I think the peace of mind that comes will knowing that your family is financially secure if anything happened to you.
00:01:12
Siocha your time is up.
To find out more about Life Insurance and Mortgage Protection talk to your Financial Broker.
00:01:23 Video ends
Additional cover
You can get even more peace of mind by adding specified illness cover to your life insurance policy. This means that if you are diagnosed and proven to have a specified illness or if you die, the level of cover under your policy will be payable. About specified illness cover.
Do you already have life insurance with us?
- See your policy in Aviva Online Service Centre
- Register for Aviva Online Service Centre
- Make a claim
Contact Aviva Life & Pensions Ireland customer service team
1800 159 159
Monday, Tuesday, Thursday and Friday: 9:00a.m. - 4:00p.m.
Wednesday 10:00a.m. - 4:00p.m.
Email: csc@aviva.com
Flexible life insurance tailored for you
Speak to our life insurance team today!
Get guidance from Aviva Directs professional financial advisers to help you get cover suited to your needs.
Monday to Friday: 9:00am – 5:00pm
Weekends and Bank Holidays: Closed
Aviva Care*
With your protection policy you have access to the following services through our Aviva Care benefit:
Why choose Aviva for life insurance?
Aviva has been providing trusted protection in Ireland for over 240 years. We’re part of the Aviva Group, providing 19.2 million customers* in the UK, Ireland and Canada with a range of solutions to meet their insurance, wealth and retirement needs. We’re there to protect the things that matter most to our customers: their homes and belongings, their health and wealth, their future and their families.
*Source: Aviva plc Annual Report & Accounts 2023.
Policy details
The documents below contain everything else you might need to know about Aviva’s life insurance cover:
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Mortgage protection
Income protection
Specified illness cover
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Do I need life insurance if I’m retired or an empty nester?
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What is a Life Insurance Lump sum?
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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.
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.
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.
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.