Irish Times: Insurance can pay inheritance tax bills… at a price


For a couple aged 64 and 60, who are both relatively healthy with no illness or conditions, Royal London says they could expect to pay about €907.35 a month. That assumes neither smoke and that their alcohol consumption is within normal guideline levels, with no history of alcohol abuse.

Age, lifestyle or illness can increase those figures dramatically. For instance, a couple aged 72 and 70, where the older person smokes about 20 cigarettes a day and is in remission for testicular cancer for the past five years, would expect to pay about €1,855.67 a month, according to Royal London.