Life insurance provides money, known as a death benefit, to those you leave behind or often pays off any outstanding mortgage debt you may have. In the event of your death, it helps your family maintain their lifestyle and future goals, like sending your children to college. 
When buying life insurance you have many options: 1. Mortgage Protection Insurance This cover is the basic level of cover you can purchase on your life. Simply put it pays off the balance of your mortgage. As you pay off the mortgage, so does the level of cover on your life decrease. Mortgage Protection Insurance is the cheapest life cover also. 2. Level Term Life Insurance Level term cover means that the amount you are covered for stays the same for the period of the policy. For instance if you buy €100,000 of cover for 20 years, your life is covered for €100,000 in year 1, year 2, year 3 and so on until year 20. 3. Life & Serious Illness Like with Level term life assurance you choose an amount of cover for your life, but you also choose a sum to be paid out in the event of a diagnosis of serious illness. This figure can be a separate sum insured from your life cover ie. You could suffer a heart attack and have a payout of the sum insured and subsequently die within the term and have a second payout. 4. Whole of Life Cover There are various options available for life cover, all of which are best discussed and explained by your financial advisor. Life cover is available from as low as €12 per month, depending on your unique requirements... To get a price, call our team today for a personalised quote on 0719620193 or email info@bradyinsurance.ie
Whole life is the oldest, and most traditional, type of life insurance. Whole life provides permanent insurance coverage for life and guaranteed cash values in exchange for certificate premiums that will never increase.
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