[aioseo_breadcrumbs]
Protection for Renters & Cohabiting Couples
Protect the life you are building together with clear, no-fee advice on life cover, income protection and shared financial commitments.
30+ Years’ Experience
Nationwide Service
You do not need a mortgage to need financial protection
Many couples share rent, household bills, childcare costs, loans, savings goals and future plans.
If one income stopped because of illness, injury or death, the financial impact could be significant. Yet renters and cohabiting couples can sometimes overlook protection because they do not have a mortgage.
At Covermore, we help you look at the financial commitments you share today and consider how you could protect each other if the unexpected happens.
Thank you,
Raphael Ihuoma.
I highly recommend Nigel and Covermore Insurance to anyone looking for reliable coverage and top-tier customer service.
What really stood out was the level of care and dedication he showed nothing was too much trouble, every question was answered promptly, and we always felt completely supported. It’s rare to come across someone so knowledgeable and genuinely committed to getting the best result for their clients.
Thanks to Barry, what could have been a stressful process was handled smoothly and with total confidence. We can’t recommend Covermore highly enough.
We had a fantastic experience with Covermore Financial, and especially with Eric. From start to finish, the mortgage process was smooth and well-handled. Eric’s professionalism, knowledge, and guidance made everything so much easier for us. He truly went above and beyond.
We are delighted with our new home and very grateful for the excellent support we received. Couldn’t recommend Covermore Financial enough!
Emilia was incredibly knowledgeable, patient, and supportive. She took the time to understand my needs and guided me through the mortgage process with clarity and confidence Her professionalism and attention to detail made the entire experience smooth and stress-free.
I wholeheartedly recommend Emilia and the team at Covermore Financial to anyone seeking reliable and expert financial or mortgage services. They go above and beyond for their clients, and I couldn’t be happier with the outcome.
Why renters and cohabiting couples consider protection
Shared rent and household costs
When two incomes support a household, losing one can make rent, bills and everyday costs much harder to manage.
Future plans together
You may be saving for a deposit, planning a family, building savings or working towards a longer-term financial goal.
Protection can help provide greater financial stability if life does not go to plan.
Children and dependants
If you have children or others who rely on you financially, life cover and income protection can help protect the people who depend on you.
Personal loans and financial commitments
Car finance, credit commitments, personal loans and other shared costs may still need to be paid if one person becomes seriously ill, cannot work or dies.
No-fee financial advice.
30+ Years of Experience.
Long-term support.
Clear guidance.
What Covermore can help you consider
We can help you consider how much income you would need to protect, how long you could manage without your usual earnings and the level of cover that may suit your circumstances.
We will also explain key factors such as deferred periods, benefit amounts, policy terms and how income protection may work alongside any existing sick pay or benefits.
Life insurance
Life insurance can provide a lump sum if the insured person dies during the policy term, subject to policy terms and conditions.
This may help a surviving partner manage rent, bills, debts, childcare costs and future financial commitments.
Income protection
Income protection may help provide a replacement income if illness or injury prevents you from working, subject to policy terms, conditions and underwriting.
This can be especially important where both incomes are needed to meet household costs.
Family protection
If you have children or dependants, we can help you consider the wider financial support your family may need if the unexpected happens.
Advice based on your situation
Protection should reflect your income, family responsibilities, debts and future plans.
We take the time to understand your circumstances, explain the options clearly and help you arrange suitable cover for the people and things that matter most.
We rent together
We can help you consider how your household would manage if one income was no longer available to cover rent, bills and shared financial commitments.
We are saving for our first home
While you are building your deposit, protection can help support the financial plans you are working towards together.
We have children
We can help you review life cover, income protection and wider family protection around your children’s current and future needs.
One of us earns more than the other
If your household depends more heavily on one income, it can be important to understand the impact if that income stopped.
We are self-employed
Self-employed couples may have less access to employer benefits or sick pay. We can help you consider protection that reflects your income and work situation.
We already have some cover
We can help you review existing policies and consider whether they still reflect your relationship, household costs and future plans.
We have partnered up with Ireland’s leading Life Insurance providers & Mortgage lenders
What to prepare before speaking to an advisor
It can be helpful to have a general understanding of:
Your household income and regular outgoings
Your rent and shared monthly bills
Any personal loans, car finance or other commitments
Your partner, children or other dependants
Existing life cover, income protection or employer benefits
Your future plans, such as buying a home or starting a family
Do not worry if you do not have every detail ready. We can help you understand what information may be needed.
Not sure what financial step to take next?
Do renters need life insurance?
Renters may still benefit from considering life insurance, especially where a partner, children or household costs depend on two incomes.
Can unmarried couples take out life cover?
Yes. The options available will depend on your circumstances and the policy arrangement. We can explain what may be suitable and identify when separate legal or tax advice may be helpful.
Do we need a mortgage before considering protection?
No. Protection can be relevant wherever you share rent, household bills, debts, childcare costs or future financial plans.
Can income protection help if one of us cannot work?
Income protection may help provide a replacement income if illness or injury prevents you from working, subject to policy terms, conditions and underwriting.
What if one partner earns more than the other?
If your household relies heavily on one income, it can be important to consider how rent, bills and other commitments would be managed if that income stopped.
Can you review cover we already have?
Yes. We can help you review existing policies and consider whether they still reflect your current relationship, household costs and future plans.