Level Term Life Insurance

Level Term Life Insurance provides a fixed level of insurance for a fixed term. You choose the amount of cover you need and how long you wish to be covered for. If you die during the term of the policy the insurer will pay out the total amount you are covered for. If you take out a joint policy the insurer pays only on the first death. The policy would cease when an insurer pays a claim.

Mortgage Protection Life Insurance

Mortgage Protection Life Insurance usually provides life cover for the duration of your mortgage term. You choose the level of initial cover required and the term of the cover. The level of cover will reduce each month in line with the expected remaining capital of a normal repayment mortgage. These products are usally less expensive than Level Term cover because the level of cover reduces each month. If you die during the term of the policy, the insurer will pay out the sum insured at that time. If you take out a joint policy the insurer pays only on the first death. The policy would cease when an insurer pays a claim.

Life and Critical Insurance Cover

Life and Critical Illness Cover provides a fixed level of insurance for a fixed term. You select the amount of cover you need and how long you wish to be covered for. If you die or are diagnosed with a critical illness during the term of the policy the insurer will pay out the total amount you are covered for. If you take out a joint policy the insurer pays only on the first death. The policy would cease when an insurer pays a claim.

Mortgage Protection Life and Critical Illness Cover

Mortgage Protection Life Insurance and Critical Illness cover usually provides life and critical illness cover for the duration of your mortgage term. You choose the level of initial cover required and the term of the cover. The level of cover will reduce each month in line with the expected remaining capitial of a normal repayment mortgage. These products are usually less expensive than Level Term cover because the level of cover reduces each month. If you die or are diagnosed with a critical illness during the term of the policy, the insurer will pay out the sum insured at that time. If you take out a joint policy the insurer pays only on the first death. The policy would cease when an insurer pays a claim.

Wavier Of Premium

Wavier of premium means that the insurer will take over premium payments 6 months after you become unable to work following an accident or illness. This means the cover continues for free of charge to the policyholder during exented periods of disability. The wavier of premium claim stops when you are assessed as fit to return to work.