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What is children's cover?
Children's cover is automatically included in any policy that includes critical illness cover. Children’s cover pays £25,000, or 50% of the main critical illness benefit (whichever is lower), if any o...
Last updated: 16/10/2024
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Do I have to take out decreasing life insurance to cover a mortgage?
No, you don’t have to take out decreasing life insurance to cover a mortgage. It depends on a few factors, such as what you want the lump sum to cover, how much you require, how much you want to pay e...
Last updated: 22/06/2024
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What’s life insurance with decreasing cover?
If you have a Life Insurance Policy with decreasing cover, the cover amount decreases over time, broadly in line with the repayment mortgage or long-term loan that you’re repaying. Your premiums stay ...
Last updated: 22/06/2024
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I have a mortgage. Do I need critical illness cover?
You don’t have to buy a critical illness policy when you take out a mortgage, although our Critical Illness Policy could provide a lump sum payment that could help cover any mortgage repayments if you...
Last updated: 22/06/2024
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Why would I want to put my life insurance cover into trust?
If your life insurance policy is in a suitable trust, any life cover payout should go to the people you choose. It could also help protect the payout from Inheritance Tax.If you’re considering a trust...
Last updated: 22/06/2024