Term Life Insurance in Ireland – Protecting Your Loved Ones’ Future


This article aims to provide a comprehensive guide to Term Life Insurance in Ireland, including its definition, optional benefits, and factors that affect its price. It also emphasizes the importance of having a Term Life Insurance policy to protect your loved ones’ financial future.

What is Term Life Insurance?

Term Life Insurance is a type of life insurance policy that pays out a lump sum to your spouse or dependents if you die during the policy’s term. It is an affordable product that can serve as a safeguard against financial hardship that your family may experience in the event of your untimely death.

Optional Benefits of Term Life Insurance:

Several optional benefits can be included with basic Term Life Insurance at additional costs, such as:

  • Convertible Term Cover
  • Serious illness benefit
  • Indexation
  • Personal accident cover
  • Hospital cash cover

Why do you need a Term Life Insurance Policy?

Your family or dependents rely on you and your salary for financial support, if you have outstanding loans or other debts, your family may struggle to pay them if you die. Having a Term Life Insurance policy ensures that your family is financially secure in case of your untimely death. The amount of cover you need depends on your circumstances, such as the sum assured, the term of the cover, and the type of cover required.

Factors That Affect the Price of Term Life Insurance:

Several factors can affect the price of your Term Life Insurance policy, including:

  • Your age
  • Smoker or non-smoker
  • Medical history
  • Work and lifestyle
  • Term of policy

Duty to Disclose All Relevant Material Facts:

It is crucial to disclose all relevant material facts when applying for a Term Life Insurance policy. If important relevant facts are deliberately withheld or inaccurate or incomplete information is provided, the life company may not be liable to pay out the benefits promised by the policy.


At Ezfees Financial, our advisors can provide you with detailed information on different types of life protection products and benefits. We can help you find the most suitable and best value Life Protection policy to meet your family’s needs. Call us on 0818 910800 or email us at info@ezfeesfinancial.ie to learn more about how we can help you protect your loved ones’ financial future.

Business Owner Consultation

Your business is your baby, so it deserves protection. Our team of experts will guide you through informed decisions to provide tailored policies. Shield your business against unexpected setbacks and ensure stability, whether you’re a startup or an established corporation. We’ll create a financial plan that will guide the balance of your personal finances and your long-term business goals.

What’s in this for you? Discuss your business finances in confidence with trustworthy advisors to:
1) Create a money management plan to suit your business
2) Align your business and personal objectives
3) Get clarity and validation on your strategies from dedicated Financial Advisors committed to safeguarding your business finances
4) Be advised when you need to speak to Tax Advisors where relevant
5) Obtain guidance onto Owner/Director on Pension planning and legislation
6) Referral to a Life/Business Coach where relevant

Plan for your business’s long-term financial goals:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your business and your future

Investment Consultation

With low deposit rates and high inflation rates, savings and investment plans are appealing right now. We understand what it’s like to make sacrifices to accelerate your savings goals so you can achieve your dreams. That’s why we provide expert guidance so you can take charge of your future without sacrificing your valuable time.

What’s in this for you? Why you should consider savings and investment plans?
1) The potential for higher returns
2) Flexibility in the amount you save
3) Short, medium and long term options to suit your goals, amounts and terms to save
4) Investment options appropriate to suit your needs and goals

How you can save to secure your dreams:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Mortgage Consultation

Whether you are a first-time buyer, mover, switcher or looking to invest in a rental property, we have a mortgage solution to fit your unique situation. Over 60 and looking to release equity in your home to support your children, go on that dream holiday or pay off bills? We find the mortgage most suitable for you and your family’s needs and support you through the entire process. You’re guaranteed to find the best mortgage option for your financial needs and goals, with impartial advice and competitive rates.

Clear, simple, actionable advice for all your mortgage needs:
1) First time buyers
2) First Home Scheme/ Local Affordable Authority Scheme
3) Switchers
4) Home Movers
5) Investment Property
6) Self Employed
7) Contract Workers
9) Lifetime Loan (over 60’s equity release)

How you can get started:
1. Share your journey with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Financial Planning Consultation

Secure your future and that of your loved ones beyond homeownership with life assurance, income protection and pension advice. Whatever your stage of life or money situation, our team of experts will help you make informed decisions to safeguard your financial future.

What’s in this for you? Planning your future, helps make your dreams a reality:
1) Start by creating a money management plan
2) Work with our dedicated Financial Advisors committed to safeguarding your future
3) Helping you get the guidance you need to achieve your long-term financial goals

Safeguard your financial future today:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your Financial Future