This product is available to Republic of Ireland customers only at present.
If your loved ones depend on you financially then it makes good sense to ensure they will be provided for when you are gone. It is vital to consider how the people who depend on you would manage and cope if you were to die prematurely. With Personal Life Cover from Glennon, you can help them to maintain the lifestyle you would have provided if you were there.
Some death benefit may be paid if you are in a pension scheme, but this may be limited and may not be sufficient to sustain your dependants through to their financial independence. If you are not in a pension scheme or if you are self-employed, you may have no cover for your dependants in the event of your premature death.
In this event, Life Assurance provides your dependants with a lump sum. It is of primary importance that you plan ahead to safeguard your nearest and dearest if the worst were to happen to you.
No one except you or your family know the true value of having a spouse or partner at home.
However, in the event of their untimely death, the cost of providing professional child care and housekeeping services would be significant. A Spouse Protection policy can be arranged to meet these costs in such circumstances.
If a key person or shareholder in a business were to die, the business may be faced with some very difficult decisions which is why Business Protection Insurance should be considered. Thought should also be given to the passing of shares in the event of a shareholder’s death.
Business Protection policies such as Life and Critical Illness should be arranged on key persons or shareholders, to ensure that there are sufficient funds available to cover likely eventualities such as temporary decline in earnings, repayment of business loans, purchase of shares from the deceased person’s family, and the business disruption and recruitment costs associated with the loss of technical knowledge, know how and personal contacts.
At Glennon, we can secure the most competitive Life Assurance policies whether for Personal, Spouse or Business Protection. We will also guide you on selecting the most suitable product and assist you in assessing the level of cover appropriate to your circumstances.
Interested? Just Contact Us!