The MSV Whole of Life Plan is a simple life insurance policy which pays a lump sum on death whenever it may occur. It has been designed to help you protect your family from the financial costs arising on death, such as funeral expenses, taxes and other duties, but can also be used to help maintain your family’s lifestyle or simply to leave as a legacy.

Give your loved ones the financial protection they need and prevent them from having to face additional expenses should something happen to you. The Whole of Life Plan can guarantee that a payment is made directly to your family which can help them to replace your income, maintain their lifestyle and pay associated expenses amongst other things.

What are the benefits of the Whole of Life Plan?

  • Your Plan will pay out a lump sum (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.
  • Moreover, the Funeral Expenses Benefit is a free benefit which offers the beneficiaries the option to receive part of the Death Benefit immediately to cover funeral expenses, up to a maximum of €2,500.
  • The MSV Single Premium Plan is a lump sum investment plan which invests in the MSV With Profits Fund.

Key Features

Whole of Life Plan
TypeWhole of Life Protection
Minimum Premium€18 monthly
Age of insured personBetween 18 and 70
Period of coverWhole of Life
Number of insured persons1 or 2, with the option of paying out after both persons die
Standard BenefitsDeath Benefits- Funeral Expenses Benefit
Additional BenefitsAccidental Death- Permanent Total Disability- Critical Illness