Life insurance and family protection are the cornerstones to successful financial planning and security. The MSV Free Life Insurance for New Parents is there to help make life that little bit easier by giving our clients the peace of mind they deserve.

What are the benefits of the Life Insurance for New Parents?

Your Plan will pay out €10,000 if a person insured by it dies. You may choose to appoint your child as the ‘beneficiary’ thus ensuring that in case of your death, the proceeds will be paid to the person who is appointed as their curator, safeguarding your child’s interests. The Plan will end after the Death Benefit has been paid, or on your child’s first birthday, whichever is the earlier. 

  • Pay associated bills and expenses  
  • Pay any inheritance taxes due 
  • Have a sum of money to help in the short term 

Key Features

Life Insurance for New Parents
TypeLevel term Protection
PremiumFREE
Age of insured personBetween 18 and 65
Period of cover6 months to 1 year
Number of insured persons1 or 2