Life cover

What options are available?Show all

Cover options

Level term cover Hide

Fixed lump sum cover for a fixed term between 5 and 40 years

Renewable term cover Hide

Flexible cover you can renew every five or ten years, subject to our agreement.

Decreasing term cover Hide

The level of cover reduces by an equal amount each month until it reaches zero at the end of the term.

Family income benefit cover Hide

Benefit is paid to your dependants in instalments for the remaining term of your membership.

Premium options

Guaranteed premiums Hide

Your premium stays the same for the term of your membership. Your premium may have to increase if there’s a change in the law or taxation rules.

Renewable premiums Hide

Premiums may increase or decrease at each renewal date. Only available with a renewable term policy

Optional features

Indexation Hide

Protects the value of your benefit and allows it to increase in line with the Retail Price Index, Average Earnings Index or by 5% or 3% on each anniversary of the start of your plan.

Premium waiver option Hide

Your premiums are waived after a three-month period where incapacity prevents you from returning to work or carrying out three of six key activities of daily living.

Replacement option Hide

If your scheme covers two people, you can take out new membership (replacement cover) after a claim is paid or a person named on the scheme dies.

Total permanent disability Hide

Allows benefit to be paid if a person covered suffers a total permanent disability as specified under the scheme.

What's not covered?Show all

A claim is not covered if: Hide

• the cause of the claim is specifically excluded by us when we accept your application
• a claim relates to a terminal illness and is made within the last 12 months of the scheme