 |
Home - Pensions - Investments
INSURANCE During our lives we experience many things. Some of these experiences change our lives for better or worse. Our products will help you to prepare for either eventuality. • Life Cover is essential for anyone buying their home. This cover can be used to secure your mortgage with the bank or building society.• Serious Illness Cover will give you peace of mind. It provides a lump sum payment on the diagnosis and certification of a prescribed serious illness. • Life Cover can also be used to ensure the financial survival of your business in the event of the death of a director or key employee. • Whole of Life Cover can provide family protection, protection of your estate and business protection planning. Whether you need Life Cover or Mortgage Protection for your family home, Breen O Donovan offers a range of flexible unit linked and guaranteed products that can be tailored to your individual needs. |
Call Us to Discuss Your Options on 01 6373945 or email us
at info@bodfs.com
There are a number of different types of plans available depending on your individual circumstances and the type of cover that you require. Mortgage Protection: The most common form of life assurance is mortgage protection, which is life protection cover, designed to pay back your mortgage in the event of your death. In most cases you are legally required to take out a Mortgage Protection plan if you have a mortgage. Term Cover: This is the simplest and one of the least expensive forms of cover. At outset you decide on the amount of cover and the period of time - both are fixed. If you die before the end of the term the money is paid to your dependants and if death doesn’t occur during the term no benefit is paid and the plan ends. Whole of Life: This plan insures you for the whole of your life or for as long as you keep paying premiums. Unit Linked is a type of whole of life product where part of your premium is invested in a fund - the growth on this is intended to match the value of your cover. The fund value is not guaranteed so your premium may increase to keep the amount of cover and benefits at the same level. |
||