At Malahide Insurance we have access to Ireland’s top 6 life assurance companies, guaranteeing the “best quotes” for our clients. Life Insurance gives wonderful peace of mind, knowing that should you die prematurely during your mortgage term, your family will be able to pay off the remaining balance on your mortgage. Should you wish, your Life insurance can also include serious illness cover; so if you suffer any of a list of illnesses it can also help with repayment of your mortgage in the form of a lump sum. We can guaranteed the best quote – Switch & Save up to 40% from your current provider.
The amount of life insurance cover you may need and the length of time you should be protected for, all depends on the amount and duration of your mortgage. As you pay off your mortgage balance, your life insurance cover generally reduces in line with the reducing amount you owe on your mortgage.