Irish Life Health Insurance: Is It Worth The Hype?

Irish Life offers a range of health and life insurance products to cater to different needs and budgets. Their health insurance plans go beyond the basics, offering benefits such as gym membership reimbursements, dietician consultations and fitness wearable costs, up to €250. They also provide international second opinions and reward policyholders for adopting healthier lifestyles. Irish Life's life insurance options include lifelong and term coverage, pension life insurance, and income protection in the event of illness or injury. With over €1 billion paid out in the last five years, the company offers peace of mind and financial security for individuals and their families.

Irish Life Health: Encouraging healthy lifestyles

Irish Life Health offers a range of health insurance products and services to support your health and well-being. Their BeneFit plan rewards you for embracing a healthier lifestyle, providing benefits such as gym memberships, dieticians, and fitness wearables, with up to €250 back on these healthy initiatives.

The company's philosophy is centred around helping you stay healthy and, if you're not feeling your best, assisting in your recovery as quickly as possible. They aim to provide real value and the specific health insurance you need, along with a positive experience.

Irish Life Health's BeneFit plan is a comprehensive offering that goes beyond traditional insurance. It includes benefits like gym memberships, helping you take that first step towards a healthier you. The plan also covers dieticians, providing expert guidance on nutrition and healthy eating habits. Additionally, you can receive reimbursements for fitness wearables, allowing you to track your progress and stay motivated.

The company also offers life insurance products, providing peace of mind for life's uncertainties. You can tailor your insurance to suit your unique needs and budget, combining different types of cover into one plan with extra benefits. Their life insurance options include Life Long and Term Life Insurance, Pension Life Insurance, and cover for income uncertainty due to illness or injury.

With a focus on health and well-being, Irish Life Health encourages and supports policyholders in their journey towards healthier lifestyles.

Irish Life Health: BeneFit plan benefits

Irish Life Health's BeneFit plan is a comprehensive health insurance plan that offers a wide range of benefits to support your health and well-being. The plan is designed to help you maintain your health and, if needed, recover as quickly as possible.

One of the key advantages of the BeneFit plan is its focus on preventative care and rewarding you for adopting a healthier lifestyle. You can receive up to €250 back on expenses like gym memberships, dietician consultations, and fitness wearables, making it easier to prioritise your health and take a proactive approach to your well-being.

The plan also includes an International Second Opinion benefit, which allows you to seek additional medical opinions from experts worldwide, ensuring you have access to the best possible care and advice.

In addition, Irish Life Health BeneFit provides access to a range of health services and experiences, ensuring you receive the support and attention you deserve. This includes financial advice, solvency and financial condition reports, and cost-of-living support, demonstrating their commitment to your overall financial and economic well-being, not just your physical health.

With the BeneFit plan, Irish Life Health offers a holistic approach to health insurance, recognising that health encompasses not just physical but also financial and lifestyle aspects, and provides the tools and incentives to help you achieve and maintain a healthier, happier life.

Irish Life: Financial advisors

Irish Life is Ireland's largest life insurance and pensions provider, with over 85 years of experience in the industry. The company offers a range of financial products and services, including life insurance, mortgage protection, health insurance, and investment options.

One of the key advantages of choosing Irish Life is their team of dedicated financial advisors. These professionals provide personalised guidance and support to help individuals and families secure their financial future. Irish Life financial advisors take the time to understand their clients' unique needs and goals, offering tailored solutions that align with their specific circumstances.

The company's financial advisors can assist with a range of services, including retirement planning, investment strategies, and insurance coverage. They can help individuals and families protect their assets, manage their finances effectively, and make informed decisions about their money. Whether it's navigating the complexities of life insurance, pension plans, or health insurance options, Irish Life financial advisors provide the knowledge and expertise to ensure their clients make the right choices.

Irish Life's financial advisors are accessible and easy to engage with. Clients can book appointments to meet with an advisor in person, over the phone, or via video call, ensuring convenience and flexibility. During these consultations, advisors provide comprehensive financial reviews, helping clients assess their current financial situation and identify areas where they can optimise their finances.

In addition to their advisory services, Irish Life also offers a range of tools and resources to empower individuals to take control of their financial planning. This includes simple quote calculators on their website, which help individuals estimate costs and plan ahead. For those looking to invest, Irish Life's Smart Invest platform offers an easy and accessible way to begin their investment journey, providing expert guidance every step of the way.

Overall, Irish Life's financial advisors offer a wealth of knowledge and experience to help individuals and families secure their financial future. With their personalised guidance, accessible tools, and wide range of financial products, Irish Life empowers its clients to make informed decisions about their money and achieve their long-term goals.

Irish Life: Lump sum and OnePlan

Irish Life's OnePlan Protection is a new type of protection plan that combines different types of cover into a single plan to meet the needs of people and families in Ireland. The plan offers flexibility, allowing customers to choose any benefit on its own or a combination of benefits. OnePlan Protection provides income support for you and your family not only in the event of death but also if you are unable to work due to illness or injury.

Lump Sum Benefits

OnePlan Protection includes several benefits that provide a lump sum payment:

• Decreasing life cover: Pays a lump sum to replace your income if you or anyone covered under the plan dies. The chosen amount of life cover decreases each year, reflecting the reduction in the amount of replacement income your family needs over time.
• Specified illness cover: Pays a lump sum to support your recovery if you are diagnosed with one of the specified illnesses covered in the plan. This financial support helps to alleviate the economic burden during a challenging time.
• Funeral cover: Irish Life can provide money to your family to assist with funeral costs and other related expenses. This optional benefit incurs an additional charge.

Other Key Features

In addition to the lump sum benefits, OnePlan Protection offers:

• Bill cover: Assists with your essential monthly bills, such as mortgage, rent, and utilities, if you are unable to work due to injury or illness while employed. It's important to note that there is a time limit on claiming bill cover if you are unemployed, and your claim may be restricted if you are living abroad when making a claim.
• Flexibility: The plan can be tailored to suit your unique needs and budget. You can review and adjust your level of cover and benefits from the first anniversary of the start of your plan.
• Children's cover: This optional benefit provides protection for your children, including life and specified illness cover.
• Guaranteed insurability: This option ensures you can secure insurance regardless of health status or other factors.
• Accidental death benefit: Provides financial support in the unfortunate event of accidental death.
• LifeCare services: OnePlan Protection includes access to LifeCare services at no extra cost. These services include MedCare (medical second opinion), NurseCare (confidential medical helpline), and ClaimsCare (post-claim counselling).

To summarise, Irish Life's OnePlan Protection offers comprehensive protection for individuals and families in Ireland. With its combination of benefits, flexibility, and lump sum payments, it provides peace of mind and financial support during life's uncertainties.

Irish Life: Life Long and Term Life Insurance

Irish Life offers a range of life insurance options to provide peace of mind and financial security for you and your loved ones. With Irish Life's life insurance plans, you can rest assured that your family will be taken care of in the event of life's uncertainties.

Life Insurance Options:

Irish Life offers both Life Long Insurance and Term Life Insurance. Life Long Insurance provides coverage for your entire life, ensuring peace of mind at any age. On the other hand, Term Life Insurance covers you for a specific period, which can be tailored to your needs, such as during the term of a mortgage or while dependants are still young.

Financial Security:

Irish Life's life insurance plans provide a lump-sum payout to your loved ones in the event of your death or certain serious illnesses. This can help pay off mortgages, cover bills, or provide financial support during difficult times. Over the last 5 years, Irish Life has paid out over €1 billion in claims, demonstrating their commitment to supporting their customers.

Tailored Plans:

Irish Life understands that everyone's needs and budgets are unique. Their OnePlan option allows you to combine different types of cover into a single plan, including extra benefits like bill cover. You can also include pension life insurance, which provides a tax-efficient way to leave a lump sum to your dependants should you pass away during the term of your plan.

Additional Benefits:

Irish Life also offers health insurance plans that reward you for embracing a healthier lifestyle. Their BeneFit plan provides benefits such as reimbursements for gym memberships, dieticians, and fitness wearables, encouraging and supporting your journey towards better health.

With Irish Life, you can find the right balance of coverage, affordability, and peace of mind, knowing that you and your loved ones are protected.

Frequently asked questions