WHAT IS TERM LIFE INSURANCE
Term Life insurance provides financial support to a policyholderâs family in the event of the policyholderâs death. It covers a fixed period and pays out a lump sum if the policyholder dies during the policy term.
WHY BUY LIFE INSURANCE
Financial Protection for your family - term life insurance can be used to pay off an outstanding mortgage, to replace lost income or to fund a college education
Affordable - Maximum coverage with minimum premium
TERM LIFE GUIDELINES
Standard age range for taking out a term life policy out is 18-69 years attained, but we may be able to provide cover if you are 70+ subject to circumstances and full underwriting.
Term life cover available up to Â£1,000,000 but amounts in excess of this can be considered subject to full underwriting.
Cover is provided for non-hazardous occupations. If you undertake any hazardous occupations or pastimes let us know and we can see if cover is available and at what cost.
The policy wording will detail the full terms of the coverage, but we have highlighted a few important exclusions below. The policy will not pay out if death is as a result of any of the following:
- Specific policy exclusions as detailed in the policy wording and/or on the certificate
- If the policyholder travels to a country which is on the FCO list of countries to avoid
- Active participation in war or similar activities (including terrorism)
- A hazardous occupation, pastime or hobby that was not declared and accepted by insurers at the time of application