Life Insurance &
Serious Illness Policies
Protect the ones you love with
Life Insurance &
Serious Illness Policies
Having Life Insurance and Serious Illness policies can provide you and your family vital financial support in times of illness or premature death. We can help you to determine what and how much you need, so you can have peace of mind that your loved ones will be looked after financially if you die.Â
Illness And Loss Are Hard Enough Without Having To Worry About Finances
During illness or loss, finances should be the least of your worries. Combatting serious illnesses is hard enough without financial stress.Â
Life Assurance & Income Protection
A Harvard University study found that illness-related situations account for approximately 62% of personal bankruptcies in the US due to medical expenses and loss of earnings.
The death of a breadwinner has similar economic consequences.
Interestingly, 72% of those affected had some type of health insurance.
-
Health Insurance
Covers Medical Bills
-
Life Assurance
Provides a lump sum upon Death
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Critical Illness
Pays a lump sum if Diagnosed with a Serious Illness
-
Income Protection
Provides Income if you lose earnings due to ill health
While the Irish State offers some support, it often results in a significant drop in living standards. Our team can help you determine the most suitable protection to maintain your financial security.Â
Different Types Of Cover
- Whole of Life
This policy guarantees a payout when the policyholder dies, as long as the monthly premiums are maintained.Â
- Joint Policy/Dual Life Policy
These cover two people on the same policy and will payout on the first death if it’s a joint life policy, or will pay out separate lump sums when both parties die if it’s a dual life policy.
If you are a couple with children, one of these policies is worth considering. Â
- Term Life Insurance
This pays a lump sum to your estate or named beneficiary if you die during the term of the policy.Â
Policy Options
For You to Consider
- Conversion Option
Extend or renew your term assurance policy without a medical assessment. Premiums may change based on age and coverage, but deteriorating health won’t affect the new policy.Â
- Indexation Option
Protect your policy’s value from inflation. The policy value and premiums increase annually at an agreed rate.
Benefits
Experienced
- Provide funds for your family’s daily living
- Clear loans or debts
- Fund future costs like education fees
Your Financial Advisor will guide you through your options to find the best fit.
How Can We Help?
At New Alliance, we help you to do right by the ones you love, those who depend on you financially. The policies you put in place can protect the future plans and expectations you have for your family in the event of serious illness or death.
As a financial broker, we will discuss your goals with you, assess your needs and help to create a plan to meet those needs. We will then help you through the process of setting up your cover and ensure everything is put in place.
We strive to ensure all of our customers fully understand the benefits and limitations of their cover so there are no surprises down the line.
Have questions?

We have answers
Get all your Life Insurance queries answered by our experts in confidenceÂ
Life Insurance provides a financial payout to your beneficiaries upon your death. This payout can help cover debts, living expenses, or other financial needs. There are different types of life insurance policies, including term life and whole life, each offering various benefits depending on your needs.Â
Serious Illness Cover, also known as Critical Illness Cover, pays a tax-free lump sum if you are diagnosed with a major illness like cancer, heart attack, or stroke. This helps cover medical expenses and income loss during recovery, allowing you to focus on getting better.
No, the payout from Serious Illness Cover is tax-free, allowing you to use the lump sum for recovery expenses or other financial needs without tax concerns.
Certainly! You can have both Income Protection, which replaces your income if you can’t work due to illness or injury, and Serious Illness Cover, which provides a lump sum for specific serious illnesses. Having both ensures comprehensive financial protection in different situations.Â
Life Insurance and Serious Illness Covers Consultations
Get Started NowÂ
Speak with our Insurance Specialists to know more details about the policies to suit you and your needs.Â
Call us, email or complete our online enquiry form to receive a callback. Â
We assist you in every step, from assessment to picking and taking out the right plans.Â
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