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If the worst happens, make sure your clients and their loved ones are protected

Life Protection

Life Protection at a glance

Unsure if the product is right for your client? Our table below sets out our product at a glance to help you make an informed comparison.

Life Protection

Waiver of Premium

Type of payout

Lump sum

Pays your plan monthly premiums after the waiting period

Type of cover

Level/inflation-linked/decreasing

N/A

Term

Between 5 and 45 years

To age 69 or 84 or to the end of the plan term if earlier

Minimum age attained at entry

17

17

Maximum age attained at entry (level/decreasing)

79

59

Maximum age attained at entry (inflation-linked)

59

59

Maximum age attained at end of policy term (level/decreasing)

84

69 or 84 depending on the policies chosen

Maximum age attained at end of policy term (inflation-linked)

69

69 or 84 depending on the policies chosen

Minimum premium

£5 a month

Based on the total plan premium

Waiting period

None

6 months

Eligibility criteria

Your client must be a permanent UK resident

Your client must be a permanent UK resident

Guaranteed increase options (limits apply – please see the policy conditions for full details)

  • An increase in the mortgage as a result of moving home, or home improvements
  • An increase in rent as a result of moving into a new rental property or as a result of an increase imposed by the landlord
  • Marriage or civil partnership
  • Divorce or dissolution of civil partnership
  • Splitting a joint life policy on separation
  • Birth or legal adoption of a child
  • Their basic salary increases by more than 10%

N/A

If you're unsure if the product is right for your client, you can speak to our adviser support team on 0800 678 1890 or email us at [email protected] and we'll be happy to help. Our lines are open from 9am to 5.30pm Monday to Friday.

Product profile

A summary of the relevant product information about Life Protection and Waiver of Premium, in accordance with the Insurance Distribution Directive.

0800 678 1890

TextDirect: first dial 18001

9.00am - 4.30pm Monday - Friday

We will record and/or monitor calls for training and audit purposes.

Literature

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Flexible Protection Plan

Why not add Critical Illness or Income Protection to your client's plan for a wider protection portfolio?

More about Flexible Protection Plan

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Business Protection

Whether you’re new or experienced, our Business Protection products, tools & calculators will support you.

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Critical Illness Cover

We have one of the most comprehensive lists of critical illness conditions on the market.

More about our Critical Illness Cover

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Large Case Team

If your client's Life Protection benefit is £1m or more, we can offer dedicated support from start to finish.

More about our Large Case Team

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FOR UK FINANCIAL ADVISERS ONLY
LV=, County Gates, Bournemouth, BH1 2NF, UK