When buying your home you will typically be required to put mortgage protection in place. Life Choice Home is designed to go towards paying off the outstanding balance on your mortgage in the event you die prematurely.

Most people take out this cover for the term of their mortgage and the cover on this plan reduces each month as the amount on the mortgage reduces.

Benefits of Post Insurance Life Choice Home

Buying a home is one of the biggest financial commitments you’ll ever make so putting the right cover in place to protect it is very important. Life Choice Home Mortgage Protection is designed to pay off the outstanding balance on your mortgage if you die during the term of the policy. Most people take it out for the term of their mortgage and the cover on this plan reduces each month as the amount owed on the on the mortgage reduces. 

If you die prematurely your plan can be used to:

  • Clear your mortgage
  • Secure ownership of your home

It is however important to note that should your mortgage change (e.g. you extend the term or change the amount of the loan etc.) that you also review your related life assurance cover to ensure that it continues to meet your specific needs.

Life Choice Home is a highly flexible mortgage protection plan which allows you to:
  • Increase or decrease your cover amount
  • Extend or reduce your term of cover
  • Increase the amount of cover within 3 months of moving house, getting married or having a child without having to provide evidence of health
  • Move to a new mortgage or family protection plan without having to provide evidence of health if the Medical Free Conversion option is selected
  • Avail of a Children’s Protection Benefit

Terms and conditions apply. Benefits are subject to underwriting and acceptance by New Ireland Assurance Company plc. A government levy (currently 1%) applies to premium paid to life insurance policies.

Life Choice Assets can be used by individuals who want to ensure their investment property or business will provide their family with financial security in the event of death or serious illness.

With Life Choice Assets you can get:

Lump Sum Payment - In the event of death

A lump sum that can help to meet your family's immediate financial needs.

Lump Sum Payment – If you suffer a serious illness

A lump sum amount in the event that you suffer from a specified serious illness (benefit can be standalone or deducted from the lump sum on death benefit).

Optional Benefits of Post Insurance Life Choice ​Home or Life Choice Assets

You can also add one or more optional benefits to further protect your home or assets in the short-term, for example:
  • Medical Free Conversion, allows you to convert your policy to a new mortgage, family protection or assets plan without the need for further medical evidence.
  • Surgery Payment, this pays you up to 12.5% of your Specified Illness Benefit Lump Sum if you have to undergo one of the major surgeries covered on the policy 

The benefits above are optional extras and you are not required to purchase them when taking out a Life Choice Home, Life Choice Assets or Life Choice You & Family Protection plan.

Terms and conditions apply. Benefits are subject to underwriting and acceptance by New Ireland Assurance Company plc. A government levy (currently 1%) applies to premiums paid to life insurance policies. 

Life Choice, planning for the future

Call 1890 22 22 22
Post Insurance is a tied agent of New Ireland Assurance Company plc for life assurance business. Life assurance policies are underwritten and provided by New Ireland Assurance Company plc.