Frequently Asked Questions
General
What documents will I need to take out a FlexInvest plan?
What is a Government Levy, and will I have to pay it?
Who is a Politically Exposed Person (PEP)?
Why do we recommend you invest for at least 5 years?
Why do we need to collect your identity and payment information?
How often does my FlexInvest plan value update?
How long does it take for my money to invest?
What are Irish Life Multi-Asset Portfolio (MAPs) Funds?
Can I change the MAPs fund in my plan?
I’m no longer resident in Ireland. What do I do?
What happens if I die?
How do I close my FlexInvest plan?
Payments
How do I make a payment into my plan?
Does the FlexInvest plan have a minimum value?
Can I set up a regular payment (automatic debit)?
Why is my money not invested yet?
I have taken out a FlexInvest plan. Why am I not able to make a payment into it?
Withdrawal
How much can I withdraw from my plan?
How long does a withdrawal take to reach my bank account?
Is there tax payable when I take money from my plan?
How does Irish Life Assurance collect the Exit tax due?
How do I withdraw funds from my plan?