When setting up your policy, you’ll decide whether it will pay a lump sum or a regular income (also known as family income benefit) if you should die during the life of your policy.
If cover for a specific length of time isn’t right for you, you can choose a Whole of Life policy, which will pay a lump sum when you die – regardless of when that is.
Critical Illness Cover
When setting up a critical illness policy, you’ll decide whether it will pay a lump sum or a regular income (also known as family income benefit) if you’re diagnosed with a defined critical illness.
Life insurance with Critical Illness Cover
When setting up your life and critical illness cover, you’ll need to decide whether you want it to pay a lump sum or a regular income (also known as family income benefit) when you die or are diagnosed with a defined critical illness – whichever happens first, during the life of your policy.
Income protection policies pay an income if you’re unable to work for a lengthy period, due to illness or accidental injury. We’ll pay you an income for as long as you continue to meet the definition of incapacity that applies to your policy, during the benefit term.
Covers your monthly mortgage payment if for up 12 months if you are made redundant.
Buildings insurance is an insurance policy that covers the financial cost of repairing damage to the physical structure of a property in the event of damage or theft. This includes the roof, floors and walls, as well as any fitted or permanent fixtures (i.e. a fitted kitchen).
Contents insurance is insurance that pays for damage to, or loss of, an individual’s personal possessions while they are located within that individual’ In this context “possessions” means anything that is not permanently attached to the structure of the home (possessions that are permanently attached to the structure of the home can only be insured via home insurance.) Some contents policies may also include possessions kept in outbuildings or in the garden area attached to the house.