Barclays Insurance : Barclays Simplified Life - Decreasing Term

Product profile

Description 

• Provides a lump sum on death or terminal illness which could be used to cover outstanding repayments on a mortgage or loan

• Level of cover reduces each year - in line with the sum you owe

For

Aged 18 to 66

Maximum amount payable

• Under 50: £500,000

• 50 - 54: £300,000

• 55 - 59: £200,000

• 60 - 66: £100,000

Period covered

• Minimum 3 years

• Maximum 51 years

• Cover ends at age 70

Benefits

• 15% online discount

• You choose the amount

• Decreasing benefit basis

• Life cover

• Terminal illness

• Level premium basis

Want to know more?

• Decreasing Term Life insurance information from Barclays Insurance

• Get a quote