Redundancy Cover in Ireland

WHO PAYS THE BILLS WHEN YOU ARE OFF WORK?

Ask yourself…..
What would happen to you and your family, if you fell ill or had to take time off work? What if through no fault of your own, you were made redundant or you became unemployed as a result of your business failing ?

But there is a simple solution……It's called Sovereign.
Sovereign is a unique protection plan that is designed to replace your income in the event of you being off work through accident, sickness, hospitalisation or unemployment. Not only that, but if you are unfortunate enough to suffer a serious injury, Sovereign will pay you a lump sum in addition to your monthly income benefit. A lump sum benefit is also payable to the event of accidental death.

"And best of all ......

All your money back after 12 years if you do not have a claim !!!! "

Cover your partner and your children will be covered for FREE!
Your partner or spouse can also be covered by Sovereign Accident and Sickness plus cover even if they are a homeworker. Additionally, up to four of your children between the ages of 3 and 16 can be covered against accidents at no cost when both adults are protected under Sovereign.

Also Company and Group Cover
Companies or affinity groups of five or more can take advantage of a company paid or voluntary group arrangement and receive concessionary rates for Sovereign Accident and Sickness plus cover.

No medical questionnaires – Guaranteed cover.
Sovereign is available to anyone aged between 18 and 60 provided that the are resident in the Republic of Ireland. Once we receive your completed application, cover is guaranteed under our moratorium clause. This means that although no medical questions are asked, we will apply a straightforward exclusion to any medical conditions (or related conditions) that you may have suffered in the last two years.

And best of all….. ALL YOUR MONEY BACK after 12 years if you do not have a claim!

If you keep your plan and you don't make a claim over a 12 year period, then we will give back to you all of the premiums that you have paid! If you do claim, then the policy has provided you with much needed protection and financial security against the misery that accident, sickness and unemployment can bring. And that is just what you intended it for.

So ask yourself this….. Isn't it time you had “Sovereign's valuable protection!” ?

Accident and Sickness Plus Cover in Ireland

ACCIDENT AND SICKNESS BENEFIT

Lets face it, no one plans to get sick or have an accident, it can strike anyone at any time. Should you suffer illness or injury that prevents you from working, Sovereign will pay a monthly income benefit of between € 250 and € 1,500 per month once you are off work for more than your chosen deferred period (14 days, 30 days, 13 weeks or 26 weeks)*. Sovereign will continue to pay you until you are able to return to work for up to 12 or 24 months. That's solid reassurance for you and your family.

HOSPITALISATION BENEFIT

If you or an insured member of your family are hospitalised for more than 48 hours, Sovereign will pay you a daily benefit of 10% of your chosen Monthly income benefit for each full day you remain in hospital for up to 30 days. That's a cash benefit of between € 25 and € 150 per day.

SERIOUS INJURY BENEFIT

A lump sum amount equal to 50 times your chosen Monthly inclome benefit is payable in the unfortunate circumstance that you permanently lose the use of two limbs or lose the sight in both eyes. Half of this amount is payable in the event that you lose the use of one limb or the sight in one eye. That's a guaranteed lump sum benefit of between € 6,250 and € 75,000. Additionally, you will receive your monthly income benefit.

ACCIDENTAL DEATH BENEFIT

A lump sum amount equal to 50 times your chosen monthly income is payable in the event of death as a result of an accident. This will provide a lump sum amount of between € 12,500 and € 75,000.

Fully Comprehensive

• ACCIDENT & SICKNESS BENEFIT
• SERIOUS INJURY BENEFIT
• HOSPITALISATION BENEFIT
• ACCIDENTAL DEATH BENEFIT

  WITH BUSINESS FAILURE / UNEMPLOYMENT

Losing your job or your business will almost certainly cause stress and worry not to mention financial hardship. If you are unemployed for more than your chosen deferred period ( 14 days, 30 days, 13 weeks or 26 weeks ). Sovereign will pay you a replacement income of between € 250 and € 1,500 per month for 12 or 24 months. It's good to know in times of trouble that you have an income to fall back on to help alleviate your financial burdens.

* Please note that you cannot claim for any sickness or unemployment that occur within the first 90 days from your policy start date.