Norwich Union : Decreasing Life Insurance

Description

• Can help protect mortgages and  loans by paying out a cash lump sum designed to help pay off the outstanding amount in the event of your death, or diagnosis of a terminal illness during the plan term.
• The amount of cover reduces in line with your outstanding loan amount, so you are only ever paying for the cover you need

For

Maximum amount payable

Period of cover 

• Minimum -3 years
• Maximum-51 years
• Cover ends- age 70

Benefits

• You choose the amount
• Decreasing  benefit basis
• Life cover
• Terminal illness
• Level premium basis
• Non-smoker discount