Scottish Widows : Protection for Life - Life Cover

Product profile

Description

Pays out a guaranteed cash sum when you die or are diagnosed as suffering from a terminal illness.

Age

18 to 64 (68 if level benefit basis)

Maximum amount payable

£5 million

Period of cover

• Minimum - no minimum

• Maximum - no maximum

• Cover ends on death

Benefits

• You choose the amount

• Death

• Guaranteed increase options on certain life events

• At age 90 cover continues but premiums cease

• Premium reviewable every five years

• Best Dcotors service

Warning

The insurer carries out random checks of recently started policies so if your policy is chosen, you'll be required within 30 days to undergo a medical examination. If you decline to be examined or, as a result of this examination, insurers find out that you've failed to tell them about a piece of material information, they can change or even cancel your policy.

Options

• Premium protection

• Level benefit

• Increasing benefit

• Decreasing benefit

• Indexation

Last updated: 26 August 2010