# Products and limits

## Mortgage Protection (`mortgage_protection`)

Life cover that pays off a mortgage if a borrower dies during the term. The amount of cover reduces over the term, roughly in line with a repayment mortgage. Irish lenders usually require it before they lend.

- Amount of cover: €10,000 to €10,000,000
- Term: 5 to 40 years
- Age: 18 to 74; age at the end of the term up to 85
- Cover: single, joint, dual
- Conversion option: yes

## Level Term Life Cover (`life_term`)

Life cover that pays a fixed lump sum if the person dies during the term. The amount stays the same for the whole term unless indexation is chosen, in which case cover and premium rise each year.

- Amount of cover: €10,000 to €10,000,000
- Term: 5 to 40 years
- Age: 18 to 74; age at the end of the term up to 85
- Cover: single, joint, dual
- Conversion option: yes; indexation: yes

**Insurer panel:** Aviva, Irish Life, New Ireland, Royal London, Zurich Life

mylife.ie is a trading name of SMP Financial Ltd, which is regulated by the Central Bank of Ireland. Quotes are for people living in Ireland.

Terms of Business: https://www.mylife.ie/terms-of-business