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Mortgage Protection booklet - Irish Life

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Suitability snapshot<br />

<strong>Life</strong> <strong>Mortgage</strong> Cover might suit you if you:<br />

✓✓are looking for a mortgage protection plan for a fixed term (this<br />

cover decreases in line with the balance on your outstanding<br />

mortgage);<br />

✓✓want a guaranteed plan with payments that don’t change;<br />

✓are ✓ aged 18 to 74;<br />

✓✓want life cover for five to 40 years (to a max of age 80) and<br />

specified illness cover for five to 40 years (to a max of age 75);<br />

✓✓can afford regular payments of at least €13 a month.<br />

9<br />

<strong>Life</strong> <strong>Mortgage</strong> Cover might not suit you if you:<br />

✗✓are looking for flexible payments and the possibility to change<br />

your cover in the future;<br />

✗✓want cover for the rest of your life;<br />

✗✓are younger than 18 or older than 74;<br />

✗✓have less than ¤13 a month to pay for cover;<br />

✗✓want mortgage cover that gives you some excess cover.

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