Frequently Asked Question's
1. What is Life Insurance ?
Life Insurance is an insurance policy that provides a lump sum payment if one of the policy holders dies. It can be held by one person or two (typically a couple).
The life insurance benefit / amount and term of the policy will be decided upon and fixed at the beginning of the policy. If someone dies within the term of the policy, the benefit will pay out.
2. Who should have it ?
If you have financial dependents, or anyone who will be negatively affected by your death, you need life insurance.
3. How much cover should I have ?
It is completely dependent on your personal circumstances. We can help you work out the most appropriate life insurance benefit to protect the people you love the most.
For couples who are renting, we strongly recommend you have enough life insurance cover so that in the event of a death, the surviving person can buy a family home and own the roof over their head – with no liability to debt to a landlord or bank.
For people with dependent children, we focus on what replacement income would be needed should an income stop.
Affordability will allows be factored into any recommend we provide. We are strong believers that some cover is better than none.
4. Who is MLI and why should I choose you?
MyLife Insurance is an Insurance and Financial Advisory brokerage. We are regulated by the Central Bank of Ireland. We work with all Life Insurance, Pension and Investment providers in Ireland – Irish Life, Zurich Life, Royal London, New Ireland and Aviva.
We are a family business. Originally set up by Sean O’Connor in 1982, the company is now headed up Sean’s two Sons, Barry and Darragh.
At MyLife Insurance, we treat every call and every inquiry with the utmost respect and integrity. We place huge importance in helping each person find the most suitable and best value options for their own unique circumstance.
We do not charge a fee for our advice or service. If we make a recommendation, based on what we feel is the best option for you, and you decide to proceed with cover – we will receive a commission from that providers. If you go direct to a provider, or through us, you will get the same price.
5. How much does it cost?
The factors that impact a life insurance quote are: your age, your smoker status, your health, the amount of cover you are looking for and how long you want the policy to run for.
1. What is Mortgage Protection Insurance?
Mortgage Protection Insurance is a type of Life Insurance. If you are drawing down a new mortgage, or if you have an existing mortgage, your bank will require you to have this cover.
Your bank will require you to have cover for the full amount owed and the full term of the mortgage. As you repayment the mortgage each month, your mortgage balance reduces. The Life Insurance cove reduces in line the mortgage. This cover is specifically designed to clear the mortgage balance in the event of a death of a mortgage holder.
2. Who should have it?
Anyone who is drawing on a new mortgage, or anyone who has an existing mortgage – as part of your mortgage agreement, your bank will require you to have this cover.
3. How much cover should I have?
You will need to cover the full amount you owe to the bank for the full term of the mortgage. If you are borrowing €300,000 over 30 years, you will need €300,000 Mortgage Protection Life Insurance for 30 years.
4. Who is MLI and why should I choose you?
MyLife Insurance is an Insurance and Financial Advisory brokerage. We are regulated by the Central Bank of Ireland. We work with all Life Insurance, Pension and Investment providers in Ireland – Irish Life, Zurich Life, Royal London, New Ireland and Aviva.
We are a family business. Originally set up by Sean O’Connor in 1982, the company is now headed up Sean’s two Sons, Barry and Darragh.
At MyLife Insurance, we treat every call and every inquiry with the utmost respect and integrity. We use a price comparison software which compares quotes and cover from all providers. We guarantee to thoroughly research the market to help you find the lowest cost cover available.
5. How much does it cost?
The factors that impact a life insurance quote are: your age, your smoker status, your health, the amount of cover you are looking for and how long you want the policy to run for.
1. What is Serious Illness Cover?
Serious Illness cover is also referred to as Specified / Critical Illness Cover. It covers the policy holder for a set number of medical illnesses and conditions. Most providers will cover 70+ illnesses. The most commonly claimed illnesses are cancer, heart attack and stroke.
If the policy holder is diagnosed with one of the illnesses covered under the policy, they received a tax free lump sum payment.
2. Who should have it ?
We recommend everyone should have some level of Serious Illness cover. We are all at risk of being diagnosed with a serious illness. If this happens, it can have a major financial impact. Time way need to be taken off work, additional help or resources may be needed. Hospital expenses and other expenses can add up.
Serious Illness cover is designed to provide a tax free lump sum payment to help provide financial support during these challenging times.
3. How much cover should I have ?
It is completely dependent on your personal circumstances. We can help you work out the most appropriate Serious Illness benefit to protect you and your family.
We focus on what replacement income would be needed for someone was diagnosed with an illnesses.
Affordability will allows be factored into any recommend we provide. We are strong believers that some cover is better than none.
4. Who is MLI and why should I choose you?
MyLife Insurance is an Insurance and Financial Advisory brokerage. We are regulated by the Central Bank of Ireland. We work with all Life Insurance, Pension and Investment providers in Ireland – Irish Life, Zurich Life, Royal London, New Ireland and Aviva.
We are a family business. Originally set up by Sean O’Connor in 1982, the company is now headed up Sean’s two Sons, Barry and Darragh.
At MyLife Insurance, we treat every call and every inquiry with the utmost respect and integrity. We place huge importance in helping each person find the most suitable and best value options for their own unique circumstance.
We do not charge a fee for our advice or service. If we make a recommendation, based on what we feel is the best option for you, and you decide to proceed with cover – we will receive a commission from that providers. If you go direct to a provider, or through us, you will get the same price.
5. How much does it cost?
The factors that impact a Serious Illness Insurance quote are: your age, your smoker status, your health, the amount of cover you are looking for and how long you want the policy to run for.
1. What is Income Protection Insurance ?
Income Protection is the most comprehensive financial protection policy available. It provides a replacement income if you cannot work due to any accident, any illness or any injury. It is your complete financial safety net. If for any reason you cannot go to work and earn an income, this provides a replacement income.
2. Who should have it ?
Anyone earning a decent income should have Income Protection. Most people have no sick pay benefits through work. Self-Employed people have no entitlements. And even those who do have sick pay benefits, they may only last a couple of months at best.
The State Social Welfare benefit is €203 per week. This can be a huge drop in income for many people. For anyone who wants to protect themselves financially against the impact of illness health or injury, Income Protection is the best solution.
If you have financial dependents, or anyone who will be negatively affected by your death, you need life insurance.
3. How much cover should I have ?
The maximum benefit you can have is 75% of your gross salary (less the State Social Welfare benefit if you can claim for it). We stress that this is the maximum. People often to choose the level of Income Protection they feel they would need to get by.
Affordability will allows be factored into any recommend we provide. We are strong believers that some cover is better than none.
4. Who is MLI and why should I choose you?
MyLife Insurance is an Insurance and Financial Advisory brokerage. We are regulated by the Central Bank of Ireland. We work with all Life Insurance, Pension and Investment providers in Ireland – Irish Life, Zurich Life, Royal London, New Ireland and Aviva.
We are a family business. Originally set up by Sean O’Connor in 1982, the company is now headed up Sean’s two Sons, Barry and Darragh.
At MyLife Insurance, we treat every call and every inquiry with the utmost respect and integrity. We place huge importance in helping each person find the most suitable and best value options for their own unique circumstance.
We do not charge a fee for our advice or service. If we make a recommendation, based on what we feel is the best option for you, and you decide to proceed with cover – we will receive a commission from that providers. If you go direct to a provider, or through us, you will get the same price.
5. How much does it cost?
The factors that impact a life insurance quote are: your age, your smoker status, your health, your occupation, the term from which you are out of work until the payment starts, the amount of cover you are looking for and how long you want the policy to run for.
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My experience with Shane was nothing but positive. He was an absolute gentleman, answering all my questions with patience and addressing every concern I had. He went above and beyond to accommodate my needs, making the entire process seamless. I would highly recommend My life insurance to all my family and friends.
Stephen Elliott
March 18, 2025I had a great experience with shane organising life insurance . He explained all different policies and helped me pick a policy which suited my family. He also made everything easy for me to put this policy in place. I definitely recommend
Lydia Bonner
March 8, 2025Good afternoon! I would like to express my deep gratitude to your team for their excellent work, as well as for your professionalism and very empathetic attitude towards the client. I will advertise your team to all my friends. Sincerely, Elena.
Elena Vilmane
March 3, 2025 -
Shane has been so easy to deal with from the get go. Very professional and explained everything from the get go. Have full cover in a few days. Would definitely recommend
Jen Dunne
February 18, 2025Shane Kelly was so nice to deal with. Explained everything in a nice clear way and allowed me to make up my own mind. He was fantastic from the word go and full of good information. Thank you Shane
clare martin
February 12, 2025I recently worked with an exceptional financial adviser called Mark who guided me through the process of purchasing a life insurance policy, what an asset to have working for the company his boss must be so proud and I can’t recommend him enough. From our first call, he demonstrated a deep understanding of the various options available and tailored his advice to fit my specific needs. What impressed me the most was his ability to explain complex insurance terms and details in a clear and relatable way. He took the time to answer all my questions and made sure I felt confident in my decisions. His professionalism and genuine care for my financial well-being made the entire experience enjoyable and stress-free. If you're considering life insurance, I highly suggest reaching out to him. His expertise and dedication truly set him apart, and I feel secure knowing I have the right coverage in place thanks to his guidance!
Ger Trappe
December 22, 2024 -
We had a fantastic experience working with Shane for our life insurance and mortgage protection needs. He was always there for us, providing timely responses and making the process enjoyable with his friendly demeanor. Shane went above and beyond to find us the best rates available, and we were impressed with how quickly everything was set up. We highly recommend his services to anyone looking for a reliable and personable insurance advisor!
Alex Cargnel
December 20, 2024Can’t recommend Darragh and his team enough. Consistently on the ball for absolutely everything. Made everything so so easy and simple and basically took care of everything for us. You can tell the business is family run by how much thought is in everything. Darragh would respond always not matter what the time was. Really made everything so easy for us!
Ciara
December 16, 2024We dealt with Shane we found him very helpful in finding our policy to suit our budget! He always responded to our queries promptly and explained things in detail! I would highly recommend Shane and my life insurance.
Brendan Perse
December 14, 2024 -
I had the privilege of dealing with Jack from My Life Insurance and it was such an ease. He explained things perfectly and really helped me understand the importance of Life Insurance. I couldn’t recommend him enough. A pure gent.
Emily Shanahan
November 15, 2024Shane was extremely helpful throughout the process of purchasing our morgage protection insurance, he kept us up to date on the process and answered any queries or questions we had making the process pain-free. He also rang to congratulate us on receiving our keys which was a lovely touch. Thanks Shane and team.
becky kirwan
November 14, 2024Darragh at My Life Insurance is fantastic! got us the best rates, super friendly, knows his stuff & great at explaining the how's & whys. I'm so happy to highly recommend his services
Cathy Courtney
November 13, 2024 -
I recently had the pleasure of working with a fantastic financial advisor called Jack who truly exceeded my expectations. From the moment we began our conversation, he was incredibly knowledgeable and patient, taking the time to explain all the different options available. He listened carefully to my needs and concerns, and tailored his recommendations to ensure I was getting the best coverage for my situation. What impressed me most was his genuine care for my well-being and for my family's future. He didn't just focus on making a sale; he wanted to ensure that I felt secure and informed about my choices. His professionalism combined with a warm, approachable demeanor made the entire process easy and stress-free and I feel so much more at ease now. I left our phone call feeling confident in my decision and grateful for his guidance. I highly recommend him to anyone looking for a reliable and trustworthy life insurance agent! Thank you ever so much Jack. From me and my family
C.J. Roche
October 31, 2024I recently worked with Darragh for my life insurance, and I’m extremely satisfied. He was professional and knowledgeable, guiding me through the options with clear communication. The application process was smooth, and their exceptional customer service made me feel valued. I now have peace of mind knowing my wife is protected. Highly recommend MyLife for life insurance in Dublin!
Jake Grimbeek
October 22, 2024Hadn't a clue of what I was looking for or what was the right cover for me. Mel took the time to call, explain everything in detail and what different policies they offer (which is many different ones) to find the right fit in what I was looking for. She was friendly, understanding and very patient with all my questions and even after the initial phone call when I had more questions she replied straight away to my query.
Imani Cooney
September 25, 2024 -
I would highly recommend My life Insurance. Cillin was extremely helpful and friendly and went above and beyond to make sure I was happy with my policy. It was so much easier than i expected it to be, so thank you.
Emer Kelly
September 13, 2024I have recently taken out an insurance policy through My Life Insurance. I was dealing with the lovely Shane and I cant thank him enough for all his help in sorting everything out and taking the stress away for me. Everything was explained to me in simple terms which made a huge difference and then I had the follow up calls to make sure I was ok with everything. Thank you so much Shane for everything. To anybody reading this I highly recomend you getting in touch with My Life Insurance
angie landers
September 10, 2024Couldn’t have asked for an easier process. Mel was incredibly knowledgeable, professional and such a pleasure to deal with. Highly recommended to anyone looking for life insurance.
Kayleigh Mordaunt
September 9, 2024 -
Overall a great, seamless experience with Shane’s assistance. Shane’s communication is key and I feel confident in the policies he helped us choose to support our growing family.
shauna wall
August 27, 2024In the midst of the uncertainty of buying a house, Mel was a true beacon of clarity and support. They made the process of getting our policy surprisingly easy and stress-free. Mel took the time to really get to know us and what we needed, offering clear advice that felt tailored just for us. We never felt rushed or pressured—just genuinely cared for. Thanks to Mel, we feel confident that we made the right choice for our future. Highly recommended to the Mel and back.
Prince Dadey
August 8, 2024Extremely helpful in all aspects of setting up life insurance. All questions answered and easy to deal with. Great communication from everyone I dealt with. Would recommend..
Sinead Clifford
July 16, 2024 -
Recently purchased a life insurance policy from My Life Insurance and couldn't be happier with the service provided. Great policy cover tailored to suit my needs by the team at My Life Insurance. My application was handled by Shane who made the whole process completely hassle free, he was brilliant from start to finish and helped me choose the best value policy that met my requirements. First class service.
David Marsben
July 13, 2024Shane Kelly at My Life Insurance went above and beyond in helping me get a policy that suited my needs. I would consider myself an atypical, slightly problematic client because I am not resident full-time in Ireland, which made it difficult getting cover of any kind. Shane shopped around on my behalf and found exactly what I needed, and then walked me through the whole process. Couldn't have been simpler. Communication was always very timely, and the follow up was excellent. Highly recommended!!!!!!
Karl Merriman
July 9, 2024I would give 10 stars if I could. We worked with Mel in My life Insurance and she was absolutely amazing. We felt so supported throughout the whole process and Mel was always very responsive to our calls and texts. We came up against a hurdle at the very end of our process and Mel supported and advocated for us and got us over the line which we would not have done without her.
Karen Lennon
June 18, 2024 -
I would highly recommend My Life Insurance Brokers. My partner and I met with some challenges regarding mortgage protection. We turned to My Life Insurance and Shane came back to us straight away and kept us updated throughout the process. It was a very stressful time but we felt very supported by Shane and Barry. Thanks again.
Niamh Farrell
June 13, 2024Joe Williams was so very helpful and friendly with me! I had to wait a few months before making a decision and he followed up with me on a regular basis! I would definitely recommend him and your company to others. Thanks so much Joe!
Maureen Berry
June 13, 2024Joe was excellent to deal with very approachable and knowledgeable. Got insurance organised quickly and was a pleasure to deal with. Will look into other products in future with this company.
Graham Black
May 28, 2024 -
Got Income Continuance Protection & Life and Serious Illness insurance for myself and my wife. Shane Kelly was a great help. He was there throughout the whole process and always checking up. The process was made very easy as a result of this and any questions I had were always answered to a high standard. Highly recommend this service.
ciaran melwani
May 8, 2024I would highly recommend this company to anybody thinking about getting life insurance or insurance of any sort that this company supplies , I dealt with Shane for mine and he explained everything to me thoroughly and professionally, any questions I had he could answer for me and give me any information that I needed before I made my decision and also afterwards.
christy farrell
April 25, 2024To say I'm so pleased with My Life Insurance would be an understatement. I found this company so completely on the side of the consumer trying to find the best policy possible and with the best cover and to suit my pocket too. I would rate this company very highly. Staff are obliging and patient. As my policy wasn't one of the easiest. Thank you to all staff at My insurance company
Stephanie Morrison
April 17, 2024