What it is
Term life cover pays a lump sum if you die during the years the policy runs. Its job is simple: to replace your income for the people who rely on it.
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Mortgage protection is not family cover
Most home loans legally need mortgage protection. It usually shrinks as the mortgage does and clears the loan, but it pays nothing towards food, childcare or bills.
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Many jobs include death-in-service cover, often a multiple of your salary. It usually ends when you leave the job, so don't count on it for good.
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How many years would your family need help, until the youngest finishes school, say, and how much a year? That's the question cover is sized from.
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Write down what you have: mortgage protection, any cover through work, and the State payments from the last lesson. For a decision about a policy, talk to a regulated adviser.
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Your family's money dates, in Lullagram.
Free reminders before every payment and deadline, from pregnancy to your child's 2nd birthday, plus your pregnancy and baby tracker in one app. Made in Ireland.
Sources, checked 27 October 2026: CCPC, CCPC. General information, not financial advice; it doesn't know your circumstances. Lullagram Limited isn't authorised by the Central Bank of Ireland to give financial advice, so for a decision about your own money, talk to a regulated adviser.