Insurer profile
Irish Life Assurance plc
Irish Life Assurance plc, trading as Irish Life, is Ireland's leading financial services group providing life insurance, health insurance, pensions, and investments to over 1.6 million customers — more than 1 in 3 adults in Ireland. Founded in 1939 and part of the Great-West Lifeco group since 2013, the company operates through Irish Life Assurance plc, Irish Life Health dac, and Irish Life Financial Services Limited, all regulated by the Central Bank of Ireland.
Source- Legal entity
- Irish Life Assurance plc
- Headquarters
- Dublin, Ireland
- Parent group
- Great-West Lifeco
- Regulator
- Central Bank of Ireland
- Phone
- +353 1 704 1010
- customerservice@irishlife.ie
- Last verified
- May 1, 2026
Products from Irish Life Assurance plc
life
Term Life Insurance
A term life insurance policy that pays a lump sum to beneficiaries if the policyholder dies during a chosen term of up to 50 years (up to age 85).
life
Mortgage Protection Insurance
A decreasing life insurance plan designed to pay off the outstanding mortgage balance if the policyholder dies or becomes seriously ill during the mortgage term.
life
Specified Illness Cover (Critical Illness Cover)
A standalone or add-on benefit that pays a tax-free lump sum upon diagnosis of one of 48 covered serious illnesses, with partial payments for an additional 41 conditions.
life
Income Protection Insurance
Pays a regular income of up to 75% of annual earnings if the policyholder is unable to work due to illness or injury while employed.
health
Private Health Insurance (Irish Life Health)
A range of private health insurance plans offered by Irish Life Health dac, covering hospital treatment, outpatient care, mental health, physiotherapy, and digital doctor access.
health
Corporate Health Insurance
Group health insurance plans for employers providing hospital cover, mental health support, wellness programmes, and preventative benefits for employees.
financial
Personal Pension (PRSA)
A flexible Personal Retirement Savings Account (PRSA) that allows individuals to save for retirement with tax relief on contributions, portable across employers.
financial
Company / Occupational Pension
Workplace defined contribution pension plans for employers and employees, including group retirement and risk products managed through Irish Life Corporate Business.
financial
Additional Voluntary Contributions (AVC)
Tax-efficient top-up contributions to an existing company pension or PRSA, allowing employees to increase retirement savings beyond mandatory employer contributions.
financial
Approved Retirement Fund (ARF)
A post-retirement investment fund that allows retirees to keep their pension savings invested and draw down income flexibly after retirement.
financial
Clear Invest (Lump Sum Investment)
A long-term unit-linked life insurance investment plan for a single lump sum, invested across a range of Irish Life funds for five or more years.
financial
Clear Regular Invest (Regular Savings Investment)
A long-term unit-linked savings plan for regular monthly investors seeking potential returns above a standard savings account over a minimum of five years.
financial
Smart Invest (Digital Investment App)
An easy-to-use online and mobile investment app allowing Irish residents to invest from as little as €100 in one of three Irish Life MAP funds (Conservative, Balanced, or Experienced).
Regulatory updates
Irish Life Assurance plc filed its Solvency and Financial Condition Report (SFCR) for 2024 with the Central Bank of Ireland, reporting strong growth with pension funds under management up 18% to €19.7bn and group risk market share growing from 41.5% to 44%. Irish Life Health introduced price and benefit changes on 1 January 2025 (changing the price of 130 plans), launched a new outpatient HealthDirect plan on 1 April 2025, launched 6 new plans on 1 August 2025, and retired 22 plans from 1 September 2025. The Central Bank of Ireland published a revised Consumer Protection Code 2025 taking effect 24 March 2026, which applies to all regulated firms including Irish Life. The CBI's 2025 Regulatory and Supervisory Outlook highlights operational resilience, financial crime, consumer protection, and implementation of DORA and the Individual Accountability Framework (IAF) as key priorities for supervised insurers.