A life insurance Plan specifically designed for those who would like to provide a lump sum on death in order to help their loved ones to cover the cost of their funeral.

Whereas throughout life you do your best to make sure your loved ones are well taken care of, when you die, they may be faced with the additional financial burden of having to pay costs related to your funeral. The Funeral Expenses Plan is designed to cover at least some of these costs, so that those you leave behind will not need to worry about it. 

What are the benefits of the Funeral Expenses Plan?

  • Choose whether you would like the Plan to pay out €5,000 or €10,000 on your death and we will calculate the cost accordingly.  
  • If you reach your 90th birthday you stop paying your premiums but the life insurance will continue for the rest of your life.
  • Your Plan will pay out a lump sum, known as the Death Benefit, when a person insured by it dies, whenever this occurs. The Plan will end after the Death Benefit has been paid.  
  • The Plan also offers the option to designate one or more beneficiaries to ensure that it pays out quickly and directly to the people you want the money to go to. 
  • The Death Benefit paid to your beneficiaries is free from tax under current legislation, which means that your loved ones can rely on the full amount of the death benefit to help cover the cost of your funeral.

Key Features

Funeral Expenses Plan
TypeWhole of life Protection
Minimum Premium€11.25 – €185 monthly (premiums will stop at age 90)
Age of insured personBetween 35 and 80
Period of coverWhole of life
Number of insured persons1
Standard BenefitsDeath Benefit