Benefits of New Ireland Life Insurance
New Ireland was established in 1918, and was the first Irish-owned company to operate in Ireland. They provide Life Insurance and Mortgage Protection.
New Ireland offers the Life Choice range of protection products, covering protection for your life, your home, your income and your assets.
How New Ireland is different
from other life insurers
The Life Choice range of products can allow you to combine several types of policy together, such as income protection and life cover.
New Ireland is also the only insurer that provides for free Whole of Life cover, using their Whole of Life Continuation benefit. This is a type of term assurance where a benefit is still payable even after the term has ceased, and no more premiums are due to be paid.
Minimum Premium: €15 per month
Maximum Term: 40 years
Are children covered? Yes, for €4,000
Can I put my partner on the policy? Yes
Applicants must be:
- 18-74 for beginning a Life Cover policy
Cover expires at:
- 84 for Life Cover
- N/A for Specified Illness Cover
Specified Illnesses Covered? No, this is not an option with New Ireland
- N/A full payment
- N/A partial payment
Children’s Specific Illness Cover? No, this is not an option with New Ireland
- N/A on full payment illnesses
- N/A on partial payment illnesses
Is there a Conversion option? Yes
- Max age for Conversion is: 64
Rolling Conversion Option? Yes
Optional Flexibility? Yes
Guaranteed Insurability? Yes
Temporary Accidental Death Benefit? Yes
Terminal Illness Benefit? Yes
Waiver of Premium Option? No
Other Benefits? No