Sun Life Direct : 50 Plus Protector

Product profile

Description

Life cover that grows every year. It provides a way of leaving your loved one's a cash gift that offers some protection against the effect of rising prices. Pays out a guaranteed cash sum when you die.

Age

50 to 75

Benefits

• You choose the monthly amount

• Life cover

• Guaranteed acceptance

• No medical and no health questions

• Premiums increase by 5% each year

• Cash sum increases by 5% each year

• Cash sum on death if you die after 2 years

• If you die in the first 2 years, all premiums repaid plus half as much again

• The premium will never be more than double your starting monthly premium

• If you die in a travel accident, pays out three times the fixed cash sum payable at that time

• 24/7 confidential health advice line

• Premiums cease but cover continues on reaching 90

• Monthly premium increase maximum of 20 years

Warning

Depending on how long you live, the cash sum paid out could be less than the total premiums paid in.