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Change of mind or cooling off cancellation?

For your Insurance plan

We will give you 30 days from the day we send you your plan documents to change your mind. If you cancel the plan within 30 days, all benefits will end and we will refund your premium

For your saving/investment plan

We will give you 30 days from the day we send you your investment documents to change your mind. If you cancel the plan within 30 days, all benefits will end and we will refund your investment less any fall in the value of your investment that may have taken place during the 30-day period. The 30-day period starts from the day we send you your Clear Invest Welcome Pack.

For your pension plan

If, after taking out this plan, you feel that it is not suitable, you may cancel it by writing to us at: Irish Life Assurance plc, Irish Life Centre, Lower Abbey Street, Dublin 1.

If you do this within 30 days of the date you receive your statement of reasonable projection, we will cancel the plan. We will refund any regular contributions you have made. We will return any one-off contribution or transfers received less any fall in value due to market conditions and in line with Revenue rules.

After the 30 days are over, you do not have the option to cancel your plan and get a refund if the plan is not suitable. You can stop contributing to your plan at any time, but you will not usually be able to take the benefits from your plan before you reach age 60.

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