If you set up a joint policy (one policy to cover two people) the
amount of cover
is paid out if either person dies.
The policy usually stops when a claim has been paid.
These policies have no-cash in value at any time.
Mortgage protection life insurance
You choose the amount of cover
you want and how long you would like the policy to run for.
The amount of cover
reduces each month during the policy term and is calculated to be enough to
equal the capital outstanding under a normal repayment mortgage.
If you die during the policy term your insurer will pay the calculated
amount of cover
at that time.
If you set up a joint policy (one policy to cover two people) the
amount of cover
is paid out if either person dies.
The policy usually stops when a claim has been paid.
These policies have no cash in value at any time.
Waiver of premium
means that the insurer will take over the premium
payments 6 months after you become unable to work following an accident or
illness. This means the cover continues free of charge to the policyholder
during extended periods of disability. The waiver of premium claim stops when
you are assessed as fit to return to work.
This is the total value of the policy which will be
paid in the event of death.
Level Term Life & Critical Illness
Insurance
You choose the amount of cover you want and how
long you would like the policy to run for
If you die or are diagnosed with an earlier
critical illness during the policy term your insurer will pay the amount you
are covered for.
The types of illness covered are Heart Attack,
Stroke, Cancer and Multiple Sclerosis (the full list of illnesses covered are
detailed by the insurers in their key feature document which is available on
request).
If you set up a joint policy (one policy to cover
two people) the amount of cover is paid out if either person claims.
The policy usually stops when a claim has been
paid.
These policies have no cash in value at any time
Mortgage Protection Life & Critical Illness
You choose the amount of cover you want and how
long you would like the policy to run for.
The amount of cover reduces each month during the
policy term and is calculated to be enough to equal the capital outstanding
under a normal repayment mortgage.
If you die or are diagnosed with an earlier
critical illness during the policy term your insurer will pay the amount you
are covered for.
The types of illness covered are Heart Attack,
Stroke, Cancer and Multiple Sclerosis (the full list of illnesses covered are
detailed by the insurers in their key feature document which is available on
request).
If you set up a joint policy (one policy to cover
two people) the amount of cover is paid out if either person claims.
The policy usually stops when a claim has been
paid.
These policies have no cash in value at any time
Terms and conditions apply. [Before applying for a
policy you will receive a key features document which contains more details on
the policy].