Life Cover and Critical Illness Cover

In simple terms, Life Cover provides your dependants with a cash lump sum in the event of your death. Your family are free to use the money to pay off outstanding debts, supplement household income and provide for your dependants, or pay off the outstanding balance of your homeloan if used for that purpose.

Life Cover from Friends First offers you and your family enormous financial peace of mind: knowing that even if the very worst does happen, your dependants' needs can be taken care of.

Friends First offers a range of Life Cover plans to suit you:

• Term Assurance is a regular premium protection plan designed to provide guaranteed benefits for a specified term that you choose.
• In the event of your death during the term of the policy, the contract pays out a lump sum.
• Your premiums are fixed and guaranteed for the term of the policy.
• You choose whether you want a conversion option, so that you can convert to a further contract without the need for further medical evidence, and indexation, where your benefits and premiums will increase each year to help keep in line with inflation.

• This is a more comprehensive form of Life Cover.
• You can choose to cover your entire life or for as long as you want to pay premiums.
• Your premiums are reviewed over time to ensure they meet your benefit level and may therefore be subject to periodic increases.
• Over the term of the policy, you should be aware that this could lead to significant premium increases as you grow older.

Pension Term Assurance

• Pension Term Assurance is a tax deductible form of Life Cover.
• This type of contract is available to the self employed and to those in non pensionable employment, through our Pension Term Assurance contract (payable by the person insured themselves), and those in pensionable employment through our Executive Term Assurance contract (payable by the Employer).
• Payments made to either of our Pension Term Assurance contracts (Personal or Executive) are eligible for tax relief, either at the policy owner’s marginal tax rate, or at the appropriate corporate tax rate (depending on the contract selected). It is the responsibility of the policyholder to claim this tax relief.

Friends First also offers Critical Illness Cover

• Critical Illness Cover can be taken out as an extra benefit on one of our Life Cover contracts, or as a stand alone benefit, without Life Cover.
• Critical Illness Cover pays out a cash lump sum in the event that you are diagnosed with one of the specified list of Critical Illnesses.
• Click here for a list of the Critical illnesses covered by our plans and details of the definition of those illnesses.

For more information, please contact your Financial Adviser or contact Friends First Direct on 1890 201 430. Alternatively, you can contact us online.

© Friends First, Friends First House, Cherrywood Business Park, Loughlinstown, Dublin 18