Life Protection:

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Life Protection: at a glance

Offering the right product to your client is a priority. So we’ve gathered together key information on our Life Protection – helping you make an informed comparison:
DetailsLife ProtectionWaiver of Premium
Type of pay outLump sum.Pays the plan premiums monthly after the waiting period.
Type of coverLevel, inflation-linked or decreasing.N/A
TermBetween 5 and 50 years.To 84 or to the end of the plan term if earlier.
Minimum age attained at entry1717
Maximum age attained at entry (level or decreasing cover)8459
Maximum age attained at entry (inflation-linked cover)7959
Maximum age attained at end of policy term (level or decreasing cover)89To 84 or to the end of the plan term if earlier.
Maximum age attained at end of policy term (inflation-linked cover)84To 84 or to the end of the plan term if earlier.
Minimum premium£5 a month.Based on the total plan premium.
Waiting periodNone.6 months.
Eligibility criteriaYour client must be a permanent UK resident.Your client must be a permanent UK resident.
Guaranteed increase options (limits apply – please see the policy conditions for full details)
  • An increase in the mortgage as a result of moving home, or home improvements.
  • An increase in rent as a result of moving into a new rental property or as a result of an increase imposed by the landlord.
  • An option to extend the cover term if the mortgage is extended or a new mortgage is taken out.
  • Marriage or civil partnership.
  • Divorce or dissolution of civil partnership.
  • Splitting a joint life policy on separation.
  • Birth or legal adoption of a child.
  • Their basic salary increases by more than 10%.
N/A
Contact Phone

Let's talk

0800 678 1890

9:00am - 5:00pm Mon-Fri

TextDirect: first dial 18001. We will record or monitor calls for training and audit purposes.