Life Insurance

Why choose Personal Life Insurance

Whether you are looking to take out a mortgage, or to safeguard your loved ones, our protection products are tailored to suit your individual needs.

  • Adapted around you
  • Look after your loved ones
  • Protect your assets

Our Decreasing Term Policy: IVAprotect

This Plan is designed for protection where a decreasing lump sum is required to provide financial support in the event of death, as in the case of a mortgage repayment or other loans where a debt is repaid over time.

  • The insurance cover decreases annually throughout the period of insurance
  • Decreasing term may be used where liabilities reduce over time as in the case for a mortgage
  • It pays a sum, dependent on year of claim to the beneficiary upon the death of the Life Insured that occurs during the term of the policy
  • Decreasing term is less expensive than a level term cover

Our Level Term Policy: IVAsecure

This Plan is designed to provide a fixed life cover in the event of death of the Life/Lives Insured for the duration of the Policy.

  • Level term offers a fixed insurance cover throughout the period of insurance
  • Level term may be used to cover a mortgage, debts that will not decrease over time and to financially protect you and your loved ones
  • It pays a fixed sum to the beneficiary upon the death of the Life Insured that occurs during the term of the Policy
  • A level term cover tends to be more costly than a decreasing term cover