For a limited time, Zurich Life is offering new customers cashback on its life insurance policies.
Life insurance is one of the most important financial products a family can take out. Yet many leave themselves financially exposed by not having a policy in place.
If you've been thinking about taking out life cover recently but haven't got round to it, then now is the perfect time as Zurich is offering a great deal which will help save you money on the essential protection that life insurance provides.
But before we look at the offer in more detail, a reminder...
What is life insurance?
Life insurance or term insurance pays out a tax-free lump sum if you die during the term of the policy. It’s possible to have single life cover, where only one person is insured, or joint life or dual life cover, where two people are insured under the one policy such as you and your partner.
It's generally a fairly inexpensive form of cover and can give you peace of mind that your loved ones will be kept financially secure if the worst should happen.
The tax-free money that a policy provides can help pay your family's bills, clear loans, cover your children's future education costs, as well pay for funeral expenses if you or your partner unexpectedly die.
What’s on offer?
For a limited time, Zurich Life is offering all new customers two months’ cashback on their life insurance premiums.
To qualify you must apply for a life insurance policy before 29th November 2024 and start your policy by 31st March 2025. You must also pay by direct debit.
The cashback will then be paid within four months of your policy being issued. The money will be paid via electronic funds transfer (EFT) to the account you're using to pay your premiums.
The deal also applies to Zurich's specified/serious illness cover and cancer cover. Either as a stand-alone policy or bought along with life cover.
The average life insurance policy usually costs between €20 and €30 a month, meaning you could get back up to €60 or more - every little helps as they say!
You can easily apply for a life insurance policy with Zurich Life on bonkers.ie. Everything can be done online and our Dublin-based insurance team will be on hand throughout the application process until your policy is issued.
Want to know more about insurance?
Here on bonkers.ie we have a wide range of insurance guides to will help you make informed decisions.
If you’re looking for further information about insurance, take a look at the following:
- Taking out insurance cover can be confusing at the best of times and it’s a good idea to ask as many questions as possible. Here we answer a list of 16 common life insurance questions.
- We mentioned that specified illness cover is a benefit that can be added to your life insurance policy. Here are seven things to know before taking out specified illness cover.
- Insurance provides peace of mind but many of us are overpaying each year. In this guide we outline how you can easily reduce your insurance costs.