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What is Life Assurance
Is a guaranteed protection plan, designed to provide a guaranteed lump sum if you die or to provide a lump sum if you are diagnosed with specified illness during the term of your plan if you choose specified illness cover.
What benefits are avaliable? - Life cover only or Life Illness cover.
Additional benefits - Life cover additional payments, Specified illness cover additional payment, Protection flexibility, Children's cover, Accidental death benefit, Guaranteed insurability, Terminal illness.
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Optional Benefits
Life Insurance provides you with a range of optional benefits.
You will have to pay extra if you choose any of these optional benefits.
Inflation protection - This allows you increase your cover yearly to keep in line with the cost of living. At present cover increase 3% each year, while premiums increase by 4.5% each year.
Guaranteed cover again - This allows you to convert your cover to another plan at any stage troughout the term of your plane. 
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Additional Benefits
Life cover additional payment: If you take out life cover and are diagnosed as having one of 5 conditions we cover, we will make a payment of €5,000. This payment is totally independent of your main life cover benefit, and applies where you have taken out at least €25,000 life cover.
Specified illness cover additional payment: We will also make an additional payment on a further 41 conditions.There are specific definitions for each of these conditions.
Please refer to the product booklet for these.
Protection flexibility: This allows you to make significant changes to the level or term of your benefits without cancelling your existing plan and taking out a new one, up to the fifth plan anniversary. When you change your benefits or plan term we will calculate your plan premium again at that time. This may mean it goes up or down.
- Children's cover: If you take out life cover, we also automatically cover each of your children up to age 25 for €7,000 life cover for as long as you are covered.
Where you take out specified illness cover, your children up to age 25 are automatically covered for €25,000 or half of your specified illness cover benefit amount, whichever is lower, for as long as you are covered.
Children are also covered for one additional payment of €7,500 or half of your specified illness cover benefit amount, whichever is lover, for as long as you are covered.
Protection flexibility: This allows you to make significant changes to the level or term of your benefits without cancelling your existing plan and taking out a new one, up to the fifth plan anniversary. When you change your benefits or plan term we will calculate your plan premium again at that time. This may mean it goes up or down.
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Accidental death benefit:This is a temporary automatic benefit, available when you take out life cover. We will pay the death benefit (to a maximum of €150,000) if you die as a result of an accident.
The benefit is subject to a maximum entry age of 55. Once we have accepted you for life cover this benefit will stop and your regular life cover starts,
Guaranteed insurability: If you take out Term Life Insurance and before the age of 55 you then get married, have a child, take out a new or increase your existing mortgage or get an increase in salary, you can ask us to set up a new life cover plan
Terminal Illness: If you have life cover and are diagnosed as having a terminal illness, we will pay out the full benefit, straight away. If you have specified illness cover only, and are diagnosed with a terminal illness, we will pay the lower of €15,000 or half the specified illness cover straight away.
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Serious Illness Cover
What is serious illness cover? Some illnesses can have a significant impact on your life. They can stop you from working and your recovery may require assistance and time. That's where serious illness cover comes in. Serious illness cover (sometimes called critical illness cover) provides you with financial support if you are diagnosed with a serious illness*.
How it works? Having financial support at a time of physical and emotional stress can ensure that you are able to take the time off work, pay for specialist treatment or even cover day-to-day household bills such as childcare. Serious illness cover can be purchased as an additional benefit to most life insurance policies. It pays out a tax-free, cash lump sum if you are diagnosed with a life-threatening illness such as cancer, heart attack or stroke.
Our commitment We provide cover for 70 serious illnesses including the three most common: cancer, heart attack and stroke. We think our cancer, heart attack and stroke definitions won't be beaten in Ireland. And when it comes to making a claim, we want to make it easy for you. We understand that making a claim can be distressing so we will be here to support you and make sure that all valid claims are processed efficiently.
- We specialise in
- Avalon Broker - Life Assurance
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We are insurance professionals with over 16 years of experience in this field.
We specialise in creating and managing insurance products, providing our clients with reliable protection and peace of mind.
Our experience spans both individual and corporate insurance, allowing us to offer a wide range of services tailored to the different needs of our clients.
Avalon Broker's experience and attention to detail have made us a trusted partner for many clients. We constantly improve our knowledge by monitoring new trends and changes in the legislative framework in the insurance industry. This allows us to offer relevant and effective solutions that meet modern requirements.
