Frequently Asked Questions
...We're here to help!
1. Who is this product suitable for?
Owner-occupied residential properties with standard or slightly non-standard characteristics.
2. What cover options are available?
Buildings, contents, and optional accidental damage on both.
3. What are the maximum sums insured?
Up to €1,250,000 for buildings and €350,000 for contents.
4. Who underwrites the policy?
AXA Insurance dac.
1. What properties are eligible?
Domestic properties that are unoccupied due to sale, probate, or similar circumstances.
2. Can policies be issued without referral?
Yes — risks within criteria can be placed online.
3. What cover is included?
Buildings, optional contents, and liability sections.
4. What are the sum insured limits?
Buildings up to €500,000 and contents up to €50,000.
1. What types of risks does Flex cover?
Flex is designed for non-standard home risks including unusual construction, claims history, flood exposure, and irregular occupancy.
2. Can risks be quoted online?
Yes — qualifying risks can be placed via Quote & Buy, with referrals for more complex cases.
3. Who is the insurer?
HSB Engineering Insurance.
4. What commission is available?
10%.
1. What types of risks can be placed?
Commercial and residential investment properties, including mixed-use and portfolios.
2. Can unoccupied or renovation risks be considered?
Yes — including temporary unoccupancy and refurbishment.
3. How are risks submitted?
Via proposal form or broker submission to the underwriting team.
4. What insurers are used?
A panel of insurers including Dolmen binders.
1. What is life insurance?
Life insurance is a policy that pays a lump sum to your beneficiaries in the event of your death. It provides financial security for your family, helping cover living expenses, debts, or future plans.
2. Do I need life insurance in Ireland?
While not legally required, life insurance is highly recommended if you have dependents, a mortgage, or financial commitments that others rely on. It ensures your loved ones are protected financially if something happens to you.
3. What types of life insurance are available?
- Term life insurance – covers you for a fixed period (e.g., 10, 20, or 30 years).
- Whole-of-life insurance – provides cover for your entire life and guarantees a payout.
- Mortgage protection insurance – ensures your mortgage is paid off if you die before it is cleared.
4. How much life insurance do I need?
The amount depends on your financial obligations, such as mortgage, debts, children’s education, and living expenses for your family. A financial adviser can help calculate the right cover.
5. Does life insurance pay out if I have pre-existing medical conditions?
Most life insurance policies require disclosure of medical history. Depending on your condition, your premium may be higher, or exclusions may apply. Some insurers offer guaranteed acceptance policies with simplified underwriting
6. Can I add extra benefits to my life insurance?
Yes. Optional add-ons, called “riders,” may include:
- Critical illness cover
- Accidental death benefit
- Waiver of premium (if you become unable to work)
- Terminal illness cover
7. Are premiums affected by age or lifestyle?
Yes. Age, smoking status, health history, occupation, and hobbies can all affect premiums. Younger, healthier applicants usually pay lower premiums.
8. How do I make a life insurance claim?
Your beneficiaries or nominated person must contact the insurer, provide a death certificate, and complete a claim form. The insurer will then process the claim and pay the agreed sum.
9. Can I change my life insurance policy later?
Yes. Many policies allow you to increase coverage, add dependents, or convert term policies to whole-of-life plans, depending on the insurer and policy terms.
10. How do I choose the right life insurance policy?
Compare types of cover, premiums, payout amounts, optional benefits, and insurer reputation. Independent advice ensures you get a policy that suits your personal circumstances and long-term goals.
1. Who is this product suitable for?
Owner-occupied residential properties with standard or slightly non-standard characteristics.
2. What cover options are available?
Buildings, contents, and optional accidental damage on both.
3. What are the maximum sums insured?
Up to €1,250,000 for buildings and €350,000 for contents.
4. Who underwrites the policy?
AXA Insurance dac.
1. What properties are eligible?
Domestic properties that are unoccupied due to sale, probate, or similar circumstances.
2. Can policies be issued without referral?
Yes — risks within criteria can be placed online.
3. What cover is included?
Buildings, optional contents, and liability sections.
4. What are the sum insured limits?
Buildings up to €500,000 and contents up to €50,000.
1. What types of risks does Flex cover?
Flex is designed for non-standard home risks including unusual construction, claims history, flood exposure, and irregular occupancy.
2. Can risks be quoted online?
Yes — qualifying risks can be placed via Quote & Buy, with referrals for more complex cases.
3. Who is the insurer?
HSB Engineering Insurance.
4. What commission is available?
10%.
1. What types of risks can be placed?
Commercial and residential investment properties, including mixed-use and portfolios.
2. Can unoccupied or renovation risks be considered?
Yes — including temporary unoccupancy and refurbishment.
3. How are risks submitted?
Via proposal form or broker submission to the underwriting team.
4. What insurers are used?
A panel of insurers including Dolmen binders.
1. What is life insurance?
Life insurance is a policy that pays a lump sum to your beneficiaries in the event of your death. It provides financial security for your family, helping cover living expenses, debts, or future plans.
2. Do I need life insurance in Ireland?
While not legally required, life insurance is highly recommended if you have dependents, a mortgage, or financial commitments that others rely on. It ensures your loved ones are protected financially if something happens to you.
3. What types of life insurance are available?
- Term life insurance – covers you for a fixed period (e.g., 10, 20, or 30 years).
- Whole-of-life insurance – provides cover for your entire life and guarantees a payout.
- Mortgage protection insurance – ensures your mortgage is paid off if you die before it is cleared.
4. How much life insurance do I need?
The amount depends on your financial obligations, such as mortgage, debts, children’s education, and living expenses for your family. A financial adviser can help calculate the right cover.
5. Does life insurance pay out if I have pre-existing medical conditions?
Most life insurance policies require disclosure of medical history. Depending on your condition, your premium may be higher, or exclusions may apply. Some insurers offer guaranteed acceptance policies with simplified underwriting
6. Can I add extra benefits to my life insurance?
Yes. Optional add-ons, called “riders,” may include:
- Critical illness cover
- Accidental death benefit
- Waiver of premium (if you become unable to work)
- Terminal illness cover
7. Are premiums affected by age or lifestyle?
Yes. Age, smoking status, health history, occupation, and hobbies can all affect premiums. Younger, healthier applicants usually pay lower premiums.
8. How do I make a life insurance claim?
Your beneficiaries or nominated person must contact the insurer, provide a death certificate, and complete a claim form. The insurer will then process the claim and pay the agreed sum.
9. Can I change my life insurance policy later?
Yes. Many policies allow you to increase coverage, add dependents, or convert term policies to whole-of-life plans, depending on the insurer and policy terms.
10. How do I choose the right life insurance policy?
Compare types of cover, premiums, payout amounts, optional benefits, and insurer reputation. Independent advice ensures you get a policy that suits your personal circumstances and long-term goals.