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Family Life +
Family Life+ is a new, innovative product allowing you (the member) to insure your life as well as up to five members of your family on one policy. It provides a lump sum on the death of those covered by the policy, offering financial stability at a very difficult time.
Spiralling costs make it increasingly difficult to ensure that those closest to you will be adequately secure, should the worst happen. While mortgage protection may alleviate some outgoings, the fact is that families may find a drop in their earning potential on the death of a family member. Whether to fund a funeral or help you get back on your feet after bereavement, Family Life+ ensures that a loved one’s passing does not become a financial burden.
With four options to choose from, you can cover yourself and up to five family members to between €2,500 and €10,000 each, depending on your needs and budget. Saving the equivalent amount, it would take 17 years to build an individual’s fund and 104 years to build enough to cover six.
| Plan | Monthly Payment One simple payment covers everybody named on the plan |
Death Benefit Paid on the death of anyone named on the plan |
|---|---|---|
| Plan A | € 12 | €2,500 |
| Plan B | € 24 | €5,000 |
| Plan C | € 36 | €7,500 |
| Plan D | € 48 | €10,000 |
Family Life+ is a realistic plan. It allows you to cover up to two parents (yours or your partner/spouse’s) and unmarried children to age 26. It also allows you to replace people on the policy so that you can always maximise your plan, should children move to a plan of their own or if an insured family member passes away.
Because we never know what life has in store, ask us for a brochure or pick one up if you are in the office.
*Terms & conditions apply. Please refer to the policy document for full details. Note: This information is descriptive only. The terms and conditions of the actual policy shall be controlling in all cases. CUNA Mutual Life Assurance (Europe) Ltd is regulated by the Financial Regulator.