Pension Guaranteed Term Protection Kildare
Pension Guaranteed Term Protection is life cover with similar tax relief on the regular premiums you pay
Pension Guaranteed Term Protection Advice & Options in Kildare, Ireland
Pension Guaranteed Term Protection is life cover with similar tax relief on the regular premiums you pay.
Pension Guaranteed Term Protection is suited to people looking for life cover up to their retirement age. If you die during the term your family will receive out a lump sum. It will give you peace of mind knowing that your family will receive out a lump sum if you die during your working life, they can use this to cover funeral expenses or outstanding bills.
There is tax relief available on the premiums (up to revenue limits)
The benefits:
- It pays a cash lump sum if you die within the term.
- Tax relief on life insurance premiums (up to Revenue limits).
- It provides life cover at a very reasonable price, depending on your age and certain other factors.
Gwen Clarke Financial Services Ltd’s team of experts offers a wide range of services, including investments, pensions, corporate pensions, mortgages, and life protection. We understand that each of our clients has unique financial needs, which is why we tailor our services to meet your specific requirements. Our goal is to help you achieve your financial goals by providing you with personalized advice and guidance every step of the way. Whether you’re looking to invest for the future, secure a mortgage, or protect your loved ones, we can help. Contact us today to learn more about our services and how we can assist you in your Guaranteed Whole of Life Protection options & application in Kildare, Ireland and in securing your financial future!
Frequently Asked Questions FAQs about Pension Guaranteed Term Protection
What if I take out this policy and become redundant?
You can keep the plan but you will no longer be able to claim the Income tax relief on your plan as you no longer have an income. You can keep paying into the plan until you are employed again and then start to claim the income tax relief.
Remember if you stop paying the premiums there will be no benefit paid out and your policy may lapse.
Can I use this type of policy against my mortgage?
No. This type of policy can’t be assigned to a bank for a mortgage.