Norwich Union

Maximum age at entry: 54 Maximum annual benefit available: The maximum benefit is £120,000 a year, regardless of earnings. However, index-linked increases will be on top of this amount. Retirement ages: 50, 55, 60 or 65 Option for benefits to be paid for a limited period: No Option to increase the retirement age after start date (other than guaranteed insurance option (GIO)): No Increase benefit subject to underwriting: If the life insured is not eligible to use the GIO they may still apply to increase cover under a top-up plan. Minimum levels of premium or plan charges will not a...