Laya Life Expands Product Offering to Include Mortgage Protection Cover

15 January 2018: Laya life, part of laya healthcare, today announced that it is expanding its existing suite of life insurance products to now offer mortgage protection. The new mortgage protection cover can be quickly and conveniently purchased online or over the phone, ensuring cover is in place with immediate effect.

Cover ranges from €50,000 to €400,000, for anyone aged between 17 and 59 and is available on a single or joint life basis. For those looking to purchase the new mortgage protection cover, laya life is offering a 10% discount to existing laya healthcare members with a further 10% for anyone purchasing online.

Dónal Clancy, Managing Director, laya healthcare said: “Life insurance can be complex for anyone interested in taking out cover but with laya life’s suite of products, we are challenging this perception and simplifying the process to secure affordable life insurance and mortgage protection.  We’re delighted to expand our life insurance offering to mortgage protection cover, a product many of our members have been requesting. We had seen a significant increase in the number of members assigning their life insurance policies for mortgage purposes, so quickly moved to expand our offering to address this need.

“Our new simple mortgage protection product will deliver a more relevant product choice at very competitive prices. Both our life insurance and mortgage protection products are easy to purchase by simply answering a maximum of nine questions either over the phone or online, with cover put in place immediately once approved. We’re expecting great demand, as unlike any other offering in the market our mortgage protection offers instant and affordable cover up to €400,000.”

Joint Life Cover

As part of its newly- expanded life insurance offering, laya life will now offer level term life insurance and mortgage protection insurance on a joint life basis. Joint life cover is taken out for two people and is payable only on the first death during the term of the policy. By contrast, single life cover is taken out for one person only and is payable on their death, during the term of the policy.

For more information visit or contact the dedicated laya life customer sales team with any queries on 1890 907 100.