Copy Code
If you have a medical condition, we can help - call us at Have a medical condition? Call us: 057 93 20836

Best Life Assurance and Critical Illness Cover in Ireland 2018

January 10 2018 4 min read Blog Specified Illness Cover

best serious illness cover in 2018 text on imahe of a wrestler knocked out on the canvas

For the last 8 months, Royal London have had the upperhand with their improved critical illness cover offering.

But have Zurich Life dealt them a knockout blow?

Best Life Assurance and Critical Illness Cover in Ireland 2018

Zurich Life have improved their Term Assurance & Specified Illness Cover offering in 5 ways.

1. Children’s benefits

Free children’s life cover:

Zurich Life have increased their payout to €7,000 per child (highest in Ireland)

They have also increased the age they will cover the child from 21 up to 25 (if the child is in full time education) for life cover, serious illness cover and for overseas surgery payment.

2. Prepayment for funeral expenses

Zurich Life will pay €7,500 in advance from the deceased’s life insurance policy towards funeral costs even before grant of probate is issued.

This is something I have been championing personally so I’m delighted. I have seen cases where the cost of an unexpected funeral has caused serious financial stress. Waiting for grant of probate can take months so this prepayment will help people at a most difficult time.

3. New PARTIAL payment specified illnesses

  • Type 1 Diabetes (First time Diabetes has been covered as a serious illness).

A criticism I level at the insurers is they only “enhance” their serious illness cover by adding illnesses that nobody has ever heard of. So fair play to Zurich, we have all heard of Type 1 Diabetes.

According to Diabetes Ireland, up to five children and teenagers are diagnosed each week with Type 1 diabetes in Ireland.

  • Gastrointestinal stromal tumour (GIST) of low malignant potential

But with this addition, we’re back into the “illness that nobody has ever heard of” territory 😒

4. Zurich have made it easier to claim for these illnesses:

  • Blindness
  • Multiple Sclerosis
  • Dementia

5. Free Garmin with life insurance policies:

If you spend €25 on a Zurich life insurance policy, you’ll get:

  • 10% discount on your premium for the life of the policy
  • 6 months premiums refunded in cash
  • Free Garmin watch

See here for further details

Over to you…

If you’re in the market for serious illness cover, it’s a tight call between Royal London and Zurich Life but for me, taking into account all the enhancements above, Zurich Life just shade it.

Let me know if you have any questions on the above, you can reach me in two ways:

1) Complete the quick outline form below and I’ll be right back
2) Open my diary and schedule a call at a convenient time

Nick McGowan
lion.ie | making life insurance easier

 

 

Blog Specified Illness Cover
Give us a quick outline of how we can help and we'll be right back to you.
  • This field is for validation purposes and should be left unchanged.

What Does Income Protection Cover Me For?

Where do you keep your money machine?

Imagine if it broke down!

You have insured it...right?
July 18 2017 3 min read Blog Specified Illness Cover

Don’t know where to start?

Have a nose through our free guides

View our guides

Life Insurance Quotes - Free and Easy!

We’re an online life insurance broker. We compare life insurance quotes for mortgage protection, life insurance, specified illness cover and income protection from all 6 leading life insurance companies in Ireland, instantly and anonymously.

Watch our video