TAKING OUT A LIFE ASSURANCE POLICY
What is Life Assurance?
Life Assurance is designed to reassure you that your dependants, such as your children or a partner, will be financially looked after in the event of your death. There are several things to think about when buying it, such as the type of policy you want, when you need it and how to buy it.
Life Assurance pays out either a lump sum or regular payments on your death, giving your dependants financial support after you’ve gone. The amount of money paid out depends on the level of cover you buy.
You decide how it’s paid out and whether it will cover specific payments – such as mortgage or rent – or if it’s to leave your family with an inheritance.
Arranging Your Life Assurance Policy
The cover that you need will depend on your individual circumstances. There are different types of Life Assurance policies to suit your needs.
Contact Robin Murray or Tony O’Sullivan on 021 4905000 or email info@eracork.ie and see how we can help you.