The plan includes the following features and benefits: n Reviewable and guaranteed premium rates n...
The plan includes the following features and benefits: n Reviewable and guaranteed premium rates n Termination ages between 50 and 65, or the plan can be written for a specific number of years n The term-based plan can terminate prior to age 50 n Guaranteed insurability options (GIOs) on the occurrence of specified events n Automatic indexation in line with retail price index (RPI) n Choice of indexation during claim n Proportionate benefit n Waiver of premium n Career break option n Cover while not in paid occupation Minimum acceptable monthly premium £pm: £5 Minimum acceptab...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
