Bank Of Ireland Life launches Life Choice

Current from: 06 December 2010

 Your income is probably your most important asset. It supports your current lifestyle and future plans.

• It provides your current standard of living
• If you have dependants it gives them the life that you want for them
• It allows you pay back loans including your mortgages
• It allows you save for future plans such as children's education
• It allows you provide for retirement

 

You will typically earn an income until retirement and most of us will fulfil our earning potential with few if any interruptions. However, ill health and premature death are risks which fall on some and although relatively rare, can be devastating. If you were to suffer an illness which left you unable to work for a long time it would most likely have a severe affect on your financial wellbeing and that of any dependants you might have. If you have dependants, your untimely death would have a devastating affect on their standard of living and future plans.

Life Choice can give you the exact cover you need at each stage of life

We have just launched a market leading financial protection plan called Life Choice. It provides comprehensive financial cover that can be tailored to meet your exact needs at every stage of life.

For a very small portion of your income, you can put a Life Choice protection plan in place which can:

• Clear any loans or debts ensuring your immediate finances are healthy
• Pay you an ongoing monthly income if you get ill and can't work
• Pay your family a monthly income if you die so they can continue to meet monthly outgoings and maintain their current lifestyle
• Pay a lump sum amount on death to cover funeral expenses and other related costs

For more information call into your local branch.

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