Level Term Assurance
We're all used to insuring our cars and homes but what about insuring the most important thing of all? - You!
What if your life was suddenly cut short? It's all too easy to think 'it'll never happen to me', but it often takes a specific event to make us take action:
- perhaps you've just had a baby
- maybe you've just moved in with your partner
- you may have just got married or entered into a civil partnership
How would your loved ones cover the daily costs of living if you were no longer around to help?
Level Term Assurance, brought to you by Nationwide and provided by Legal & General, could provide your loved ones with a cash lump sum if you were to die during the term of the plan.
- monthly premiums from as little as £6 depending on your individual circumstances
- you select the lump sum at the start of the plan
- term from 1-40 years, although the plan must end before your 80th birthday
- premiums remain the same throughout and can be paid annually
- terminal illness cover included (for plans over 2 years and not in the last 18 months of the plan term)
A Level Term Assurance plan is right for you if...
- you want a lump sum to pay out in the event of your death to protect your family, partner or a loan
- you'd like Terminal Illness cover which pays the lump sum on diagnosis of a terminal illness, rather than rather than when you die if you are eligible to claim
- you'd like cover and premiums to remain the same for the duration of the plan
- you'd like cheaper life cover premiums for buying on line.
A Level Term Assurance plan might not be right for you if...
- you want the cover to reduce over the term in line with a loan such as a repayment mortgage. A Decreasing Term Assurance may be more appropriate in these circumstances
- you'd like a life cover plan with a cash in value, this is not an investment product
Please note the following:
The 5% on-line discount is a limited offer that can be withdrawn at any time.
If you stop paying premiums before the end of the plan, your cover will end 30 days after your missed payment.
If you need advice, contact your local branch for an appointment with your Senior Financial Consultant
Family Life Insurance Plan
Critical Illness Cover
Income Protection
Home Insurance