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The Co-operative Insurance : Decreasing Term Assurance

 

Company:

The Co-operative Insurance

Product category:

Life Insurance

Sub-category:

Term Life

 


 

Product profile

 

Description

  • Pays an amount that reduces over the term of the policy. Commonly used to cover a capital repayment mortgage, as the amount owed on your mortgage decreases, the amount of life cover required also decreases.

  • Death and terminal illness cover

 

For

Aged 17 to 75 with a repayment mortgage

 

Period of cover

  • Minimum five years

  • Maximum 35 years

  • Cover ends at age 80

 

Benefits

  • You choose the amount

  • Decreasing  benefit basis

  • Life cover

  • Terminal illness

  • Reviewable premium

  • 24/7 helpline and free counselling service

 


 

Last updated: 11 July 2008