Irish Life the largest life and pensions group and fund manager in Ireland, employing 2,000 people and servicing one million customers.
Life insurance provides financial protection to your dependents (Typically your spouse/partner and children) if you die. Life insurance plans are usually taken out for a fixed term, e.g. 20 years, and pay out a lump sum (The Sum Assured) to your dependents if you die before the end of term.
Mortgage Life Insurance, commonly known as Mortgage Protection, ensures that your mortgage will be paid off if you die during the term of your plan. Most banks will require that you have mortgage protection in place prior to granting you a mortgage. This plan pays out a cash lump sum if you die during ther term of your plan.