LifeTime+
An overview of our Lifetime+ plan and some of it's features.
LifeTime+ is a guaranteed whole of life plan designed to provide life insurance cover for the whole of your client’s life unlike term insurance, which will only pay out if they die during the policy term. LifeTime+ has no cash in value at any time.
This type of life insurance can help towards funeral costs, the repayment of outstanding debts – or simply be a sum of money for your client to leave their family. But it is also extremely useful in Inheritance Tax planning (when used alongside appropriate trusts).
Some of its features include:
- Level or Index Linked Cover
- Guaranteed Premiums
- Guaranteed Insurability Options that include the increased tax implications that an inheritance may create
- Optional waiver of premium
- Single or Joint Life, first or second death.
- Life of another