Level life cover means that a lump sum will be paid if you die during the policy term. The amount of life cover selected will normally remain level throughout your selected plan term, although if you wish you can request that benefits increase in line with inflation.

Critical Illness cover can also be combined with this plan, please see below for details of this cover.

This plan is also commonly known as “Decreasing Term Assurance”. Decreasing life cover means that the lump sum paid if you die within the specified term will reduce over the term of your plan. If your decreasing life cover is set up to cover a repayment mortgage, this means that the amount of cover in your plan will reduce as the amount outstanding on your repayment mortgage reduces.

Critical Illness cover can also be combined with this plan, please see below for details of this cover.

This plan is also commonly known as “Decreasing Term Assurance”. Decreasing life cover means that the lump sum paid if you die within the specified term will reduce over the term of your plan. If your decreasing life cover is set up to cover a repayment mortgage, this means that the amount of cover in your plan will reduce as the amount outstanding on your repayment mortgage reduces.

Critical Illness cover can also be combined with this plan, please see below for details of this cover.

As opposed to providing a lump sum on death during the policy term, it provides a regular tax-free income for your dependants for the remainder of the policy term. The income benefit received usually remains level over the policy term selected, you can however, request that benefits increase in line with inflation.