Protect your earnings in the event of long term injury or illness.
Give yourself a little peace of mind with AIB Income Insurance. Income insurance also known as Income Protection, is a type of insurance that pays you a regular income if you can no longer work due to an injury or illness after a certain period of time, known as the deferred period (you can choose a period of 13, 26 or 52 weeks), for as long as you are eligible. It can be one less worry off your mind!
Protection products are provided by Irish Life Assurance plc.
AIB Income Insurance
Benefits of AIB Income Insurance
- AIB Income Insurance helps to maintain the level of lifestyle which you are used to by replacing some of your earned income. This cover continues until the age of 65
- Escalation (this is optional cover) - if we pay a claim for incapacity benefit, we will increase the incapacity benefit amount paid on the first and every anniversary of the date we start paying. The amount of the increase will be: the yearly rate of increase in the consumer price index for the last year; or 5%; whichever is lower
- You may be entitled to tax relief on contributions
- Cover continues, no matter how many claims you make
AIB Income Insurance Booklet Downloads
Allied Irish Banks, p.l.c. is tied to Irish Life Assurance plc for life and pensions business. Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Irish Life Assurance plc is regulated by the Central Bank of Ireland.