Bill Cover
from Irish Life Assurance
This benefit, offered only under OnePlan Protection, is designed to cover your rent or mortgage costs plus your utility bills (gas, electricity, water, and so on) if you cannot work due to illness or injury. It will help to make sure you do not fall behind with your monthly bills while you cannot work.
You can choose this benefit up to age 64.
You can choose this benefit for a maximum term of 40 years or until age 68.
You can have your claim paid for two years, five years or until the bill cover term ends.
The policy will only pay a claim while you are employed.
You can choose up to €2,000 a month for single cover or 40% of your net monthly income, if lower.
You must be employed, or self-employed with an income, to take out bill cover on your plan.
You can choose a deferred period (the length of time between the start of your inability to carry out the main duties of your job and when we start to pay the claim) of 8, 13, 26 or 52 weeks.
You will not be able to claim if you become unemployed for more than one month and your claim may be limited if living abroad at the time you claim.
Bill Cover at a glance
