Lowest Price Life Insurance

We carried out a quick price survey in October 2023 – comparing life insurance quotes. Obviously, your individual circumstances will determine your quote – but the survey gives you an idea of which insurers have the lowest premiums.

Comparing term life insurance cover of 200, 000 for 25 years:



For a couple aged 33 and 34 , both non-smokers:
New Ireland was just the cheapest at €23 a month followed by Royal London and Zurich at €23.70 per month .
Aviva quoted €28.01 per month

VHI quoted €29.11 a month for non-members

What is Life Insurance?

A Life Insurance policy is a “term” assurance policy which provides a lump sum payment in the event of death during the policy term. The guaranteed lump sum, provided by your Life insurance policy, could help to cover the loss of your income and help your family with everything from household costs to education expenses.

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Term life insurance is the simplest and cheapest form of life cover and is taken out for a set period of time e.g. 10, 20 or 30 years. Many parents take out this type of cover to ensure their family is protected until their children reach at least 18 years old.

Typically a life insurance term should be based on the age of your youngest child to bring them to 18. However if possible, it’s recommended you take out a policy that will cover you until your child turns 25, which is the age that they would be viewed as being financially dependent.