Convertible Term Life Insurance
- Best Doctors
Aviva Life & Pensions Ireland
- A lump sum will be paid out if you die within the term of the policy
- Your premium will not change throughout the term of your policy
- Your cover can be a single, joint or dual policy
- You have an option to add Serious Illness Cover (minimum sum of €30,000)
- This policy is suitable for family protection, business protection and interest-only mortgages
- You cannot convert the Serious Illness part of the policy ONLY the Life part.
Quotation is valid for 7 days or until age next quarter (whichever is sooner). This quotation assumes that you are accepted by the insurance company at standard rates. Aviva Non Smoker rates assume that you have not smoked/used any tobacco related products in the last 12 months. Aviva will class you as a smoker even if you use nicotine replacement products or e-cigarettes. All premiums quoted include the 1% government levy. The minimum premium with Aviva is €20.00 per month or €200 per annum
Terminal illness benefit
If you are diagnosed with a terminal illness, your life cover will be paid out, so long as there are 12 months or more until the policy is due to end.
A terminal illness is an illness that, according to the attending Consultant, has no known cure, has progressed to a point at which it is deemed incurable or is expected to lead to death within 12 months.
Convertible
This option allows you to convert your cover to another policy without having to provide new evidence of health. You can use this option at any point over the course of your policy, up until the age of 85.
If you wish for your new policy to include a conversion option, you must exercise your conversion option before you turn 83.
Best Doctors
If you or a loved one are diagnosed with serious illness, Best Doctors can help. An in-depth review of your medical files will be conducted by a Best Doctors medical specialist to give a second opinion and to help verify your diagnosis and treatment options.
The process can reduce potentially serious complications that can result from a misdiagnosis, and can help you and your treating doctor determine the proper course of action. Best Doctors can also offer advice on additional chronic ailments you may experience.