Here's what you need to know about life insurance, so you have the full picture
Available to UK residents aged 17 to 84
You can choose the length to run between 5-50 years, but the policy must end before your 90th birthday
If you die, we'll normally pay the lump sum to your estate. Inheritance tax could apply to the part that's worth over £325,000 (tax years 2021/22 to 2025/26)
We won’t pay a claim if you die as a result of intentionally taking your own life within the first 12 months of your policy
If you stop paying your premiums, you won't get any money back and your cover may stop
As part of your life insurance application, we may need to contact your doctor for a medical report.
You don’t have to give your consent to us obtaining a medical report if we need to, but you won’t be able to complete the online application without agreeing to this. It’s still your responsibility to answer all the questions accurately and honestly in your application. If you don’t, we might not pay a claim and could cancel your policy
Increase options are available after marriage/civil partnership, divorce, the birth of a child or mortgage increase. Sometimes we won't be able to offer you increase options, subject to guidelines within your policy conditions.
Make sure you read the policy summary so you understand what you're buying...
The information on this page shouldn't be taken as advice, It's up to you to decide if it's right for you and you should speak to a financial adviser if you're not sure.
Member Compensation Eligibility
If the proposed transaction with Bain Capital goes ahead in full, members with an active policy will get a member compensation payment. To qualify for this payment new applications for member-qualifying products need to have been submitted before 11.59pm on Sunday 28 February 2021. Member qualifying policies also need to be in place when and if the transaction is fully completed.