€150 to €250
*data collected in December 2021
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Get Life insurance quotesPaddy Compare provides affordable life covers in minutes. Here are some tips to get the best cover for you:
Get life insurance at a young age to avoid high premiums.
Do your research, compare policies, and then choose the most suitable one for you.
Tell your insurer about your lifestyle and assess the cover based on your needs.
Your Guide to buying life insurance.
Determine what expenses need to be covered any how much you need.
Prepare your application. This will include your medical history, prior violations, etc.
Compare policy quotes once you’ve assembled the necessary information.
Pick a policy that meets all your needs and fits your budget!
Your life insurance cover depends on your overall health. All you have to do is honestly answer a few questions.
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Different life insurance policies last for different durations. For instance, term life insurance has a fixed term period ranging from 2-50 years. Whereas whole of life insurance covers you for your whole life.
The amount for your life insurance cover is determined based on a number of factors like how much your financial support your family will need after you’re gone, your debts (if any), and the number of financially dependant people in your family.
Whilst not a legal requirement in Ireland, most banks will require it before granting you with a mortgage. You do not have to use the provider recommended by your lender, but instead you should shop around and try Paddy Compare's trusted advisers.
Whether you pay tax depends on the size of your life insurance pay out which forms part of your estate on the event of your death. However with the correct tax planning you may be able to reduce the tax and leave the pay out to your loved ones.
If you chose term life insurance, then no, you will not get your money back if you are still alive at the end of your policy.
Yes, you should still be able to get life insurance cover with pre-existing medical conditions, however the monthly cost of the policy may be higher. You will most likely have to provide medical records to help them understand your conditions. As always, you should discuss the details in full with one of our trusted advisers.
You should update your life insurance policy every time your circumstances change, for example if you move house, change employment, your number of dependents change or changes in your lifestyle.
Yes you can always cancel your policy at any time, however you should discuss the cancellation terms with one of our trusted advisers before taking out the policy. You may decide to change your policy and take our some cheaper cover or decide that you now do not need to financially support your dependents.
Finding life insurance in Ireland can be difficult, that's why we work with a full range of life insurance brokers and search the whole Irish life insurance market for you.
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