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Marks & Spencer Money : Mortgage Life Cover

 

Company:

Marks & Spencer Money

Product category:

Life Insurance

Sub-category:

Term Life

 


 

Product profile

 

Description

  • Pays a guaranteed cash sum with the aim of paying off your mortgage in the event of your death during the term of your policy

 

For

Aged 17 to 64

 

Period of cover 

  • Minimum -5 years

  • Maximum-35 years 

  • Cover ends- age 70  or 75 if under 10 years

 

Maximum Sum insured

  • £ 1 million

 

Benefits

  • You choose the amount

  • Life cover

  • Terminal illness

  • Guaranteed premium
  • Non-smoker discount

  • Decreasing cover

 

Options

  • in trust

 

Not covered

  • Suicide within the first 24 months

  • Terminal illness within the last 18 months

 


 

Last updated: 12 July 2008

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