Life Cover protects your family in the event of your death. Whether it is your partner, husband, wife or children, you can start protecting and securing their future now through a Life Cover Plan. Regan Financial are brokers for all the major life cover companies operating nationwide. Talk to us for independent, professional, accurate advice on what is available and decide what option will best suit your lifestyle, be it for income, mortgage or serious illness protection.
Life cover pays out a predetermined lump sum of money if you die within a certain time period, usually between five and 40 years.
• Is payable on their death during the term of the policy
• Is payable on each death during the term of the policy
• Can be payable on a first- or second-death basis
Single Life Cover
Taken out by one person.• Is payable on their death during the term of the policy
Dual Life Cover
Taken out on behalf of two people.• Is payable on each death during the term of the policy
Joint Life Cover
Taken out on behalf of two people• Can be payable on a first- or second-death basis
Terminal Illness Benefit
• Pays percentage of death benefit in advance if diagnosed with a terminal illness• Paid on the condition that you have a life expectancy of 12 months or less
Accidental Death Benefit
• Provides accidental death cover while your policy application is being processedHospital Cash Cover
• Pays specified income - usually after three days in hospital - subject to a maximum payment for 365 daysPersonal Accident Benefit
• Pays specified income after 14 days when life assured has become temporarily disabled as a result of an accident and is unable to workConvertible Term Cover
• Allows conversion of level term cover to alternative life assurance plan at any time during your term without additional medical evidence. Usually applies up to 65• Alternatively, you may convert to level term life cover expiring before 80
