AIB Safeguard Plan

The AIB Safeguard Plan provides you with the best combination of life assurance and specified illness cover to suit your personal and/or family protection needs. Whether you want Life assurance on its own, or accompanied with specified illness cover - you decide! The Plan can help protect you and your family from the financial effects that a death and/or specified illness may bring.

Who does this plan suit?

The AIB Safeguard plan can be tailored to suit anyone's personal or family protection needs. With the AIB Safeguard plan, you can choose...

• The most appropriate combination of financial protection for you and your family whether you want Life assurance on its own, or accompanied with specified illness cover (on a "single life", "joint life" or "dual life" basis).
• The amount of cover you need for the length of time you decide
• A "conversion" option to extend the period of cover (subject to conditions*).
• An "indexing" cover option, so that the amount of cover will rise each year, meaning your cover will be more relevant to your salary in future.

A summary of the benefits

• You choose your own combination of life assurance and/or specified illness cover.
• You decide how much you wish to be paid out in the event of a claim arising. You can choose to have separate sums assured for life assurance and specified illness cover. (Your AIB Financial Adviser will help you calculate a suitable amount of cover for your circumstances).
• If you wish, you can choose a single, joint or dual Plan and tailor the benefits to suit each person assured*
• You choose how long you need the cover, i.e. the 'term' of the Plan. Your AIB Safeguard Plan can protect you for any period of time you wish, from 2 to 50 years*.
• You can have a policy that contains a 'conversion option' that will allow you, at anytime while your policy is still in force, to extend your cover*.
• Your plan automatically increases your cover by 5% every year (indexation) without the need to provide evidence of good health - a valuable benefit, ensuring your level of cover is protected from the effect of inflation*.
• If you choose Specified Illness Cover, your Plan automatically includes a valuable extra service from Best Doctors®, providing a second medical opinion for people who are diagnosed with a serious medical illness**.
• AIB offers a free review of your financial plans, to check that they are still on course to satisfy your overall financial needs - and, in light of any changes in your circumstances or requirements, to advise you how to arrange any additional cover that you may need.

* For full terms and conditions of each of these features and for eligibility please arrange an appointment with an AIB Financial Adviser who will explain the features, terms and conditions in full
** Please contact your local AIB branch, where an AIB Financial Adviser can provide you with a detailed brochure on Best Doctors®

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