Optional Benefits

Hospital Cash Cover

If you are in hospital for at least three days, Hospital Cash Cover pays a daily amount between €70 and €260 depending on chosen amount, for maximum period of 365 days. This cash is yours, tax-free, to spend in any way you want. Allowable entry ages are 18-54. Cover ends on plan anniversary before clients 60th birthday. Minimum of €25.000 life cover required with this benefit. Kids are cover without any extra costs. Children’s cover (read more).


Accidental Cash Cover

No matter how careful we are, accidents can happen - in the home, in the garden, playing sport, out and about or at work. Almost half of all accidents happen to people when playing a sport. Because of this, it makes sense to be prepared and insure your income against accidents.

If you are out of work for more than two weeks because of an accident, Accident Cash Cover will pay a weekly amount of between €120 and €400 (up to 40 % of client’s weekly earnings before deduction). It will be pay from the start of the third week for up to one year, or until you go back to work, whichever is earlier. For some specific injuries Irish Life will pay a number of weeks upfront without having to prove that client is off work. This amount is tax-free. Allowable entry ages are 18-54. Cover ends on plan anniversary before clients 60th birthday. Minimum of €25.000 life cover required with this benefit.


Guaranteed cover again (conversion option)

Guaranteed cover again, also known as a conversion option allows you to convert cover to another plan at any stage throughout the term of the plan without providing evidence of your health. If you wish to avail of this option, you must take it at the start of your plan. You can avail this option more than once. The payments you make will reflect this.


Inflation protection (indexation)

This option allows you to increase cover every year (to keep in line with the cost of living) without providing evidence of your health. This is often called ‘indexation’. The payments you make will reflect this.