What Type of Cover?

Level Term Life & Critical Illness Insurance

• You select the insurance amount you require and the term you want to plan to continue for
• The Insurance amount selected stays the same for the plan term
• If you die or suffer an earlier critical illness during the plan term, the insurance company will pay out the full insurance amount you chose at the beginning of the policy
• Illnesses covered under your plan include Cancer, Heart Attack, Stroke, Parkinson’s Disease (the full directory of illnesses covered are shown by the insurance companies in their key facts document which is obtainable on request)
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time

Level Term Life Assurance

• You select the insurance amount you require and the term you want to plan to continue for
• The Insurance amount selected stays the same for the plan term
• If you die during the plan term, the insurance company will pay out the full insurance amount you chose at the beginning of the policy
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time

Decreasing Term Life Assurance

• You select the insurance amount you require and the term you want to plan to continue for
• The Insurance amount selected reduces each month for the plan term
• If you die during the plan term, the insurance company will pay out the calculated amount of cover at this time
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time

Decreasing Term Life Insurance & Critical Illness Insurance

• You select the insurance amount you require and the term you want to plan to continue for
• The Insurance amount selected reduces each month for the plan term
• If you die or suffer an earlier critical illness during the plan term, the insurance company will pay out the calculated amount of insurance at that time
• Illnesses covered under your plan include Cancer, Heart Attack, Stroke, Parkinson’s Disease (the full directory of illnesses covered are shown by the insurance companies in their key fcts document which is obtainable on request)
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time

Level Term Critical Illness Insurance

• You select the insurance amount you require and the term you want to plan to continue for
• The Insurance amount selected stays the same for the plan term
• If you are diagnosed as suffering a critical illness during the plan term, the insurance company will pay out the full insurance amount you chose at the beginning of the policy
• Illnesses covered under your plan include Cancer, Heart Attack, Stroke, Parkinson’s Disease (the full directory of illnesses covered are shown by the insurance companies in their key fcts document which is obtainable on request)
• Children are covered by some Critical Illnesses policies
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time

Decreasing Critical Illness Insurance

A Decreasing policy would normally be used to protect a Repayment mortgage. This is because cover decreases over the policy term roughly in line with the mortgage balance on a Repayment mortgage.

• You select the amount of insurance you want and how long you would like the plan to run for.
• The Insurance amount selected reduces each month for the plan term
• If you are diagnosed as suffering a critical illness during the plan term, the insurance company will pay the calculated amount of cover at this time
• Illnesses covered under your plan include Cancer, Heart Attack, Stroke, Parkinson’s Disease (the full directory of illnesses covered are shown by the insurance companies in their key fcts document which is obtainable on request)
• Children are covered by some Critical Illnesses policies
• Joint policies (a single policy covering 2 people) can be set up and paid on the first claim
• Policies cease when a claim has been made
• This type of plan has no cash in value at any time