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Life cover is designed to pay a lump sum should the person insured die during the policy term. The sum paid is defined by how much cover you apply for and the type of cover you take.
Your life insurance can provide your loved ones with crucial financial protection in the event of your death. This article covers what to consider when deciding on how much protection you and your family will need.
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The amount you are covered for is fixed for the duration of your policy. This would ordinarily be for family protection or to cover an interest only mortgage.
Also known as mortgage protection. The amount of cover decreases over the term of the policy. Usually this would be to protect a repayment mortgage and would be the most cost effective way of paying off the mortgage balance if a claim was made.
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Once applied you will receive a call from one of our friendly team to confirm policy information.
The product information is obtained from independent sources and rates may vary depending on your circumstances. The content of this website is meant to be informational and it should not be considered financial advice.
* Quoted rate of £5 per month is based on £81,238 of level term cover over a 20 year period. This is based on a 30 year old non-smoker and is correct as of 22/03/2018. Actual prices will vary depending on individual circumstances.