Tesco Bank Life Insurance. Policy terms and conditions

Size: px
Start display at page:

Download "Tesco Bank Life Insurance. Policy terms and conditions"

Transcription

1 Tesco Bank Life Insurance Policy terms and conditions

2 Policy terms and conditions These policy terms and conditions describe your policy, including: our obligations to you your cover claims conditions your obligations to us These policy terms and conditions provide you with information you need to know about your Tesco Bank Life Insurance policy. It is important that you read them carefully along with your policy schedule. If a claim is to be made, these policy terms and conditions will be useful, so please keep them somewhere safe. Should you have any questions or queries about your policy then call us on and we will be pleased to help you. You will see some words shown in bold type which are defined terms and have specific meanings when used in this document. The meanings of these words are shown in the definitions section at the front. We will always act fairly, in good faith and in a reasonable manner towards you when dealing with your policy and when applying these policy terms and conditions. We encourage you to tell us whenever you feel we have not done so. This commitment is an overriding principle and you should read each of the sections in these policy terms and conditions in light of this commitment. Tesco Bank Life Insurance is provided by Aviva Life & Pensions UK Limited. Contents Definitions 3 Summary of benefits 4 Entitlement to benefits 4 Benefits reflecting future life changes 5 Policy flexibility 7 Claims conditions 7 General conditions 8

3 Definitions Throughout these policy terms and conditions certain words are shown in bold type. These are defined terms and have specific meanings when used. The meanings of these words are set out below. Anniversary date The anniversary of the start date. Application The application that you made and that we have accepted. Attending Consultant The appropriately qualified medical specialist supervising care of the life insured. End date The date shown in the policy schedule on which benefits under this policy end. Life insured This is the person whose life is being covered and in the event of their death or diagnosis of terminal illness a claim could be made. Policy This Tesco Bank Life Insurance policy. Policyholder The person/persons or company named as policyholder in the policy schedule or any other person who becomes the legal owner of the policy. Policy schedule This will show the specific detail of your policy, such as who it covers, the amount covered, how much it will cost and any policy options and benefits included. Policy terms and conditions This document which forms our contract of insurance with the policyholder providing the cover under the policy as agreed. The application and policy schedule also form part of the contract and must be read together with these policy terms and conditions. Premium due date The day each month on which premiums are due. Standard terms The premium and benefits we quote before the underwriting process is completed. Following an application being underwritten we may only be able to offer cover with a higher premium than first quoted, certain benefits excluded, or both. This would not be classed as standard terms. We will have confirmed whether you were accepted on standard terms when confirming our decision on your application. Start date The date shown in the policy schedule on which cover under this policy starts. Sum insured The amount payable under this policy in the event of a claim which we accept. The amount payable is set out in your policy schedule. Terminal illness A definite diagnosis by the attending Consultant of an illness that satisfies both of the following: The illness either has no known cure or has progressed to the point where it cannot be cured; and In the opinion of the attending Consultant, the illness is expected to lead to death within 12 months. We/our/us Aviva Life & Pensions UK Limited (company registration number ). You/your The person/persons or company named as policyholder in the policy schedule or any other person who becomes the legal owner of the policy. Premium This is the monthly amount you will be required to pay in order for the benefits to be maintained. Monthly premiums must be paid by Direct Debit instruction from a current bank or building society account in the United Kingdom, Channel Islands or Isle of Man.

4 Summary of benefits These policy terms and conditions are written confirmation of a contract between Aviva Life & Pensions UK Limited and the policyholder. In return for the payment of the agreed premiums we will pay the benefits in accordance with the policy terms and conditions. The benefits available under this policy are set out in the table and are payable in the event of a claim which we accept. The table provides a brief summary of the benefits available under this policy. It is important to read the information in this table alongside these policy terms and conditions and policy schedule. Benefits Death benefit We will pay the death benefit if the life insured dies during the term of the policy. Terminal illness benefit We will pay the terminal illness benefit if, before the last 12 months of the policy, the life insured is diagnosed with a terminal illness. Protection Promise (house purchase cover) We will pay the Protection Promise (house purchase cover) benefit if the life insured dies in the period covered by the Protection Promise (house purchase cover). Amount payable The sum insured as set out in the policy schedule less any unpaid premiums. The sum insured as set out in the policy schedule less any unpaid premiums. The lower of the purchase price (as confirmed when contracts are exchanged), 1,000,000 or the sum insured as set out in the policy schedule. Entitlement to benefits We will pay the death benefit if the life insured dies within the policy term; or We will pay the terminal illness benefit if, before the last 12 months of the policy, the life insured is diagnosed with a terminal illness; or We will pay the lower of the purchase price (as confirmed when contracts are exchanged), the death benefit or 1,000,000 if the life insured dies in the period covered by the Protection Promise (house purchase cover). We will pay benefits if we have accepted a claim. The policy has no cash-in value at any time. Death benefit If the life insured dies within the policy term and we have accepted the claim, we will pay the sum insured as set out in the policy schedule, less any unpaid premiums. We will only pay the death benefit on one occasion and once this is paid the policy will cease. Terminal illness benefit If the life insured is diagnosed with a terminal illness before the last 12 months of the policy, provided we have accepted the claim, we will pay the sum insured as set out in the policy schedule, less any unpaid premiums. Protection Promise (house purchase cover) If your application for cover has: a. been accepted by us; and b. you have provided us with a cover start date in the future to coincide with the completion of your house purchase; and c. you have exchanged contracts on that house purchase we will provide free cover between exchange of contracts and completion of the property purchase. (In Scotland we will provide the free cover from when missives are completed for the property until the date of entry.) The amount of cover will be the lower of the purchase price (as confirmed when contracts are exchanged), the death benefit as set out in the policy schedule or 1,000,000. The cover will be provided for a maximum period of 90 days from the date that contracts are exchanged (or in Scotland missives are complete) on the property purchase. Cover will end on the earlier of 90 days, the date of the completion of your house purchase or the start date of your policy. We will only pay the Protection Promise (house purchase cover) benefit on one occasion, no further benefits will be payable and once paid the policy will cease. We will only pay the terminal illness benefit on one occasion and once this is paid the policy will cease.

5 Repayment guarantee The additional benefits section of your policy schedule will confirm whether this benefit is included on your policy. If you have chosen decreasing cover in connection with a mortgage loan in your name and at the time that you make a claim (which is accepted by us) for the death benefit or the terminal illness benefit, the sum insured is less than the amount of the outstanding mortgage loan in your name, we will pay the outstanding mortgage loan provided that: a. The difference between the sum insured and the outstanding mortgage loan is due solely to a higher rate of interest being charged than that used in the calculation of the table of benefits in the policy schedule; b. The initial rate of interest charged on the mortgage loan at the start date of the policy was less than 10%; c. The policy does not end before your mortgage loan is due to be repaid; d. The amount of cover at the start date of the policy was at least the size of the mortgage loan (or the part of the mortgage loan the policy covers). Benefits reflecting future life changes Life change benefit The additional benefits section of your policy schedule will confirm whether this benefit is included on your policy. This benefit only applies to a policy which: a. is taken out by you on your own life; and b. is accepted by us on our standard terms; and c. has not been taken out under the life change benefit, replacement benefit or separation benefit. For the life change events described in this section, you can take out a new policy with no requirement for further underwriting. The new policy can be either level or decreasing cover. If your policy is a joint life policy then the new policy can either be a joint policy or a single life policy. The policyholders will need to be in agreement to the new policy, regardless of whether the new policy is a joint policy or a single life policy. It is not possible to change the life insured. You may use this benefit as many times as you like provided that: a. the total sum insured for all policies issued under the life change benefit does not exceed 200,000 or the original sum insured of this policy (whichever is the lower); and b. you take out a new policy before the life insured s 55th birthday (for a joint life policy this would apply to the oldest life); and c. the end date of the new policy is before the life insured s 70th birthday (for a joint life policy this would apply to the oldest life); and d. you have not made or are not eligible to make a claim for the death benefit or the terminal illness benefit, and e. you take out a new policy within 90 days of the life change event occurring; and f. you send us the evidence of the life change event that we need. The terms and conditions applicable at the date when you take out the policy will apply to the new policy. We will use the premium rates in force at the time of the request based on the life insured s age at the time of making the application. The new policy will not include life change benefit or replacement benefit, but can include separation benefit. Life change event Evidence needed Marriage or Civil Partnership Marriage certificate or Civil Partnership certificate. Divorce, dissolution of Civil Decree Absolute or Dissolution Partnership or separation order. Alternatively, evidence of a transfer of mortgage or new mortgage or evidence of new addresses. Having or adopting a child Birth certificate or adoption certificate. Buying a first home (with a Evidence of the mortgage on mortgage on the property) the property. Moving house Evidence of new mortgage on the property or utility bills for the property. Buying a second home Evidence of new loan or mortgage on the property. Home improvements Evidence of new loan or mortgage on the property or increase to the existing loan or mortgage on the property. Alternatively the builders receipt for the work undertaken. Child starting higher University or college registration education document. Salary increase of 20% or more Replacement benefit Copy of payslips dated within 90 days of each other evidencing the increase in salary. The additional benefits section of your policy schedule will confirm whether this benefit is included on your policy. This benefit only applies if: a. this is a joint life policy where both policyholders are the only lives insured; and b. the policy is accepted by us on our standard terms; and c. the policy was not taken out under a life change benefit; and

6 d. the policy has ended due to a valid death benefit claim or terminal illness benefit claim which has been accepted by us; and e. you, being the person entitled to take out a new policy, are not eligible to make a claim for the terminal illness benefit at the time of applying for a new policy. You can take out a new policy with no requirement for further underwriting. The new policy can be either level or decreasing cover. The new policy must: a. start within 90 days of us accepting the claim on the original policy; and b. be taken out before your 55th birthday; and c. have an end date no later than the original policy; and d. have a maximum sum insured of the lower of 50,000 or the sum insured at the start date of the original policy. The new policy will be subject to the premium rates for your age and the terms and conditions applicable at the date when you take out the new policy. The new policy will not include life change benefit, replacement benefit or separation benefit. You may only use the replacement benefit once. Separation benefit The additional benefits section of your policy schedule will confirm whether this benefit is included on your policy. The new policy must: a. have a sum insured less than or equal to the sum insured at the start date of the original policy; and b. be taken out before your 55th birthday; and c. have an end date before your 70th birthday; and d. have a start date no earlier than the date of cancellation of the original policy. The new policy can offer level cover or decreasing cover for each policyholder and have the same policy options that were included in the original policy. The new policy will not include life change benefit, separation benefit or replacement benefit. The new policy will be subject to the premium rates for your age and the terms and conditions applicable at the date when you take out the new policy. You will be required to send us evidence to confirm: you have divorced or had your civil partnership dissolved (Decree Absolute or Dissolution order); or that the mortgage has been rearranged into one of your names only; or that one or both of you have taken out a new mortgage on a new property You may only use the separation benefit once. This benefit only applies if: a. this is a joint life policy where both policyholders are the only lives insured and you have divorced, your civil partnership has dissolved or you have separated from each other or your mortgage has been rearranged in the name of one policyholder only or one or both of you has taken out a mortgage on a new home; and b. the policy is accepted by us on our standard terms; and c. both policyholders are in agreement to cancel the original policy; and d. both policyholders are not eligible to make a claim for the terminal illness benefit at the time of applying for a new policy; and e. you send us the evidence we need. The policyholders, within 90 days of having divorced, having their civil partnership dissolved or having separated from each other or having their mortgage rearranged in the name of one policyholder only or either policyholder having taken out a mortgage on a new home, can cancel the existing policy and each take out a new policy with no requirement for further underwriting.

7 Policy flexibility Once we have started cover under your policy, you can request that certain changes be made to it. The following amendments will result in us amending your existing policy and will not require any further underwriting. Decreasing the sum insured Decreasing the policy term You may request these changes be made to your policy with effect from the date that the next premium is due. We will use the premium rates and age applicable at the time that we make the change. Your premiums following the change cannot be less than the minimum premium of 5.00 per month. These policy terms and conditions will continue to apply. The following amendments will require your existing policy to be cancelled and be replaced by a new policy and may require further underwriting: Increasing the policy term Changing from level cover to decreasing cover Changing from decreasing cover to level cover Adding a life insured Removing a life insured You may request these changes be made to your policy with effect from the date that the next premium is due. We will use the premium rates and age applicable at the time that we make the change. New policy terms and conditions applicable at that time will be issued in place of these policy terms and conditions. The following amendment will require your existing policy to remain in force and we will issue a new policy to cover the change only and may require further underwriting: Increasing the sum insured You may request this change be made to your policy with effect from the date that the next premium is due. We will use the premium rates and age applicable at the time that we make the change. New policy terms and conditions applicable at that time will be issued to cover the increase to the sum insured only. Claims conditions Our requirements a. We will make payment of benefits provided we receive such evidence as we may reasonably require of: i. the occurrence of an event on which any benefits are payable; ii. the claimant having legal ownership of the policy; iii. the date of birth of the life insured; iv. our completed claim form; v. conversations with and reports from third parties, such as coroners, attending Consultants and the police; and vi. such other information as we may reasonably require to enable us to assess the claim. b. Payment of the terminal illness benefit will be subject to us receiving, such other information and evidence as we may reasonably require, including: i. medical certificates and evidence of terminal illness to be provided at the policyholder s expense. When requesting such information, we will do no more than is reasonably necessary, having regard to the individual circumstances, to determine whether a benefit is payable. ii. medical examinations of the life insured or tests (including blood tests) on the life insured will be carried out at our expense at such intervals as we may reasonably require, having regard to the individual circumstances, by a medical examiner appointed by us. iii. written consent to allow us to receive the results of any medical examinations and/or tests required. iv. signature on any declaration or consent form we provide allowing us access to the life insured s medical records. c. All medical certificates and the results of medical examinations and/or tests must be submitted to us in writing and must be provided by attending Consultants resident and practising in countries of the European Union, Andorra, The Channel Islands, The Faroe Islands, Gibraltar, The Isle of Man, Liechtenstein, Norway, Monaco, San Marino, Switzerland, Vatican City, USA, Canada, Australia or New Zealand. We may add further countries in the future. d. If any claim under this policy is in any respect unfounded, for example providing false information to support a claim, then without affecting any other legal rights we may have, any benefit paid for that claim will be reclaimed, and no further benefit will be paid. We will also have the right to cancel the policy without refunding any premiums.

8 General conditions Premiums a. Premiums for your policy must be paid monthly by Direct Debit instruction from a current bank or building society account in the United Kingdom, Channel Islands or Isle of Man. b. The initial monthly premium payable and the date it is due are shown in the policy schedule. Subsequent premiums will be due on the premium due date. You are allowed 30 days from each premium due date for the payment of each premium. If a claim arises during this period, the unpaid premium will be deducted from any benefit payable. If a premium is not paid on the premium due date or within the 30 day period allowed the policy will be cancelled and all benefits under it will cease. c. All premiums due to us must be made in the currency of the United Kingdom. Policy term The policy term must be for a minimum period of 5 years. The maximum policy term is 50 years. However the actual maximum policy term available is restricted to the life insured being 90 years old or less at the policy end date. Where a policy has two lives insured the maximum age will apply to the oldest life insured. Change of address If you, or the life insured, change address you should tell us. Acceptance of instructions We will not accept any instruction, request or notice from you until we receive the information and documentation that we may reasonably require in order to administer the policy. We will make our requirements clear to you. Cancellation When you start your policy you will receive a cancellation notice which will confirm your 30 day cooling off period in which time you may cancel the policy and receive a refund of any premiums paid. After this time, the policy may be cancelled before the policy end date by you by providing your written consent to us at our administrative offices. We will not refund premiums paid if you cancel the policy outside of the cooling off period. If you cancel your policy the policy will end and all benefits under it will cease. Alterations a. We may change the terms of the policy for any of the following reasons: ii. To respond, in a proportionate manner, to changes in technology or general practice in the life and pensions industry. iii. To respond, in a proportionate manner, to changes in taxation, the law or interpretation of the law, decisions or recommendations of an Ombudsman, regulator or similar person, or any code of practice with which we intend to comply. iv. To correct errors, if it is fair and reasonable to do so. If we consider any variation to these conditions is to your advantage or is necessary to meet regulatory requirements, we may make the change immediately and will tell you at a later date. We will tell you in writing of any change we consider is to your disadvantage (other than any change necessary to meet regulatory requirements) at least 60 days before the change becomes effective, unless external factors beyond our control mean that only a shorter notice period is possible. If we change the terms of the policy and you are unhappy with the change then you will be able to cancel your policy. We will not refund premiums paid if you cancel your policy. If you cancel your policy the policy will end and all benefits under it will cease. b. If the date of birth of a life insured has been incorrectly stated, the benefits payable under your policy will be amended by us having regard to the true date of birth. We will advise you of any amendments we make. If the true date of birth is such that, had it been known by us at the time the policy was applied for, the life insured would have fallen outside of the prescribed age limits to be eligible for the policy, then the policy cannot continue. In such circumstances, the policy would be cancelled with no benefits payable and we would advise you of the cancellation. Premiums would be refunded without interest. c. We rely on the information given to us. If any of the information given to us is not true or not complete and this might reasonably have affected our decision to provide the policy, then we may: i. change the terms of the policy; ii. amend the premiums due under the policy; or iii. cancel the policy and refund the premiums paid without interest. If we cancel your policy the policy will end and all benefits under it will cease. i. To respond, in a proportionate manner, to changes in the way we administer policies of this type.

9 Third party rights This policy does not give any rights to any person other than the policyholder and Aviva Life & Pensions UK Limited. No other person shall have any rights to rely on any terms under the policy. The policyholder and Aviva Life & Pensions UK Limited may amend or cancel this policy without reference to, or the consent of, any other person. General a. If ownership of the policy is transferred to someone else (an assignment), we must be in receipt of the written notice of assignment before any payment can be made. b. The policy schedule records details of the policy at the start date. Any alteration resulting in a change to your policy may not be reflected in the policy schedule. In this event, we will record such changes. Law This policy is issued in England under English law. Braille, large font, audio material, text phone You can order our literature in Braille, large font or audio. Just call or tesco@aviva.co.uk and tell us: the format you want your name and address the name or code of the document. The code is usually at the bottom of the page on the back of most documents. To contact Customer Services using a text phone, please call The Customer Call Centre is open Monday to Friday, 8am to 8pm, and Saturday from 9am to 2pm. c. Where appropriate words in the masculine include the feminine and words in the singular include the plural and vice versa. Tesco Bank Life Insurance is provided by Aviva Life & Pensions UK Limited. Registered in England No Rougier Street, York, YO90 1UU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number Member of the Association of British Insurers. aviva.co.uk TB /2013

Tesco Bank Over 50 s Life Assurance. Policy terms and conditions

Tesco Bank Over 50 s Life Assurance. Policy terms and conditions Tesco Bank Over 50 s Life Assurance Policy terms and conditions Policy terms and conditions These policy terms and conditions describe your policy, including: our obligations to you your cover claims conditions

More information

This Plan is written confirmation of a contract between us (Aviva Life and Pensions UK Limited) and the Planholder(s) named in the Plan Schedule.

This Plan is written confirmation of a contract between us (Aviva Life and Pensions UK Limited) and the Planholder(s) named in the Plan Schedule. Life Insurance Plan Conditions This Plan is written confirmation of a contract between us (Aviva Life and Pensions UK Limited) and the Planholder(s) named in the Plan Schedule. In return for the agreed

More information

Your Policy Conditions

Your Policy Conditions Provided by Friends Life Life Insurance Your Policy Conditions Key features of Tesco Bank Life Insurance Inside you ll find full details about Tesco Life Insurance. Key features of Tesco Bank Life Insurance

More information

Your Policy Conditions

Your Policy Conditions Provided by Friends Life Life Insurance Your Policy Conditions Key features of Tesco Bank Life Insurance Inside you ll find full details about Tesco Life Insurance. Key features of Tesco Bank Life Insurance

More information

Post Office Life Insurance

Post Office Life Insurance Post Office Life Insurance Key Information Pack Contents 1. Information Disclosure Document Pg 2 2. Data Protection statement Pg 3 3. Customer Due Diligence Prevention of Money Laundering statement Pg

More information

Your Guide to Insurance for Over 50 s Life Assurance

Your Guide to Insurance for Over 50 s Life Assurance Your Guide to Insurance for Over 50 s Life Assurance guide to insurance for over 50 s Life assurance About this Guide This guide provides important information from both Barclays and Aviva, who are the

More information

Key features of Tesco Bank Over 50 s Life Assurance

Key features of Tesco Bank Over 50 s Life Assurance Key features of Tesco Bank Over 50 s Life Assurance Key features of Tesco Bank Over 50 s Life Assurance Tesco Bank Over 50 s Life Assurance is provided by Aviva Life & Pensions UK Limited. Any references

More information

Guaranteed Lifelong Protection Plan Conditions

Guaranteed Lifelong Protection Plan Conditions Guaranteed Lifelong Protection Plan Conditions 1. WORDS WITH SPECIAL MEANINGS Where the words we, us or our are used in the Plan they refer to Aviva Life & Pensions UK Limited. The words you or your refer

More information

Key Features of Free Parent Life Cover

Key Features of Free Parent Life Cover Key Features of Free Parent Life Cover The Financial Conduct Authority is a financial services regulator. It requires us, Aviva, to give you this important information to help you to decide whether our

More information

Your Guide to Insurance for Life Insurance

Your Guide to Insurance for Life Insurance Your Guide to Insurance for Life Insurance LIFE INSURANCE About this Guide This guide provides important information from both Barclays and Aviva (the insurance provider of this policy), and is for your

More information

Post Office Money Free Parent Life Cover

Post Office Money Free Parent Life Cover Post Office Money Free Parent Life Cover Terms & Conditions Contents page About our insurance services 2 Demands and needs 2 Key Features 3 Plan conditions (Ts & Cs) 5 Important information 6 Post Office

More information

Your policy conditions

Your policy conditions For customers Your policy conditions IP15 Personal Protection Welcome to Aegon Thank you for choosing our Personal Protection policy. We have been part of the Aegon group since 1994, linking Scottish Equitable

More information

Your Policy Conditions

Your Policy Conditions Provided by Friends Life Life Insurance Your Policy Conditions Key features of Tesco Bank Life and Critical Illness Insurance Inside you ll find full details about Tesco Life Insurance. Key features of

More information

Protect. Policy Summary. Long Term and Short Term. ...the feeling s mutual

Protect. Policy Summary. Long Term and Short Term. ...the feeling s mutual Protect Long Term and Short Term Policy Summary If you want to know you re getting good value, fair and reliable Income Protection that does what it says on the tin...the feeling s mutual This document

More information

For customers Key features of the Relevant Life policy

For customers Key features of the Relevant Life policy For customers Key features of the Relevant Life policy The Financial Conduct Authority is a financial services regulator. It requires us, Aegon, to give you this important information to help you to decide

More information

Your Policy Conditions

Your Policy Conditions Provided by Friends Life Life Insurance Your Policy Conditions Key features of Tesco Bank Life and Critical Illness Insurance Inside you ll find full details about Tesco Life Insurance. Key features of

More information

Over 50 s Life Cover

Over 50 s Life Cover Over 50 s Life Cover Key Information Pack Post Office Over 50 s Life Cover is a simple and affordable plan designed to provide your loved ones with a guaranteed cash sum when you die. There are no medical

More information

POLICY TERMS AND CONDITIONS.

POLICY TERMS AND CONDITIONS. TERM ASSURANCE POLICY TERMS AND CONDITIONS. T&C 60 2 TERM ASSURANCE POLICY TERMS AND CONDITIONS CONTENTS. 1. DEFINITIONS EXPLAINED 3 2. INTRODUCTION 4 2.1 Who is covered? 2.2 Amount of cover 2.3 Period

More information

POLICY TERMS AND CONDITIONS.

POLICY TERMS AND CONDITIONS. TERM ASSURANCE POLICY TERMS AND CONDITIONS. T&C 60 2 TERM ASSURANCE POLICY TERMS AND CONDITIONS CONTENTS. 1. INTRODUCTION 3 1.1 Who is covered? 1.2 Amount of cover 1.3 Period of cover 2. COVER PROVIDED

More information

Saga Guaranteed Life Insurance. Your Policy Provisions

Saga Guaranteed Life Insurance. Your Policy Provisions Saga Guaranteed Life Insurance Your Policy Provisions Saga Guaranteed Life Insurance is provided by VitalityLife. Contents 1. General description 2. Policy conditions 2.1 Definitions 2.2 Policy duration

More information

AIG Life. Whole of Life Insurance. Key Facts

AIG Life. Whole of Life Insurance. Key Facts AIG Life Whole of Life Insurance Key Facts Contents Page Welcome to AIG 3 Section A: About Whole of Life Insurance A1 What is Whole of Life Insurance? 4 A2 Whole of Life Insurance aims 4 A3 How does Whole

More information

Key Features of the BFS Protect Policy. A fresh look at Income Protection

Key Features of the BFS Protect Policy. A fresh look at Income Protection Key Features of the BFS Protect Policy A fresh look at Income Protection A fresh look at Income Protection 2 This is an important document which you should read along with your Personal Illustration. The

More information

Policy Provisions. CanProtect Whole of Life Plan. Offshore protection solutions designed for you

Policy Provisions. CanProtect Whole of Life Plan. Offshore protection solutions designed for you Policy Provisions CanProtect Whole of Life Plan Offshore protection solutions designed for you CanProtect Whole of Life Plan Policy Provisions Version 1 Page 2 of 8 Contents Sections Page number 1. Introduction.....................................................

More information

NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE YOUR POLICY DOCUMENT

NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE YOUR POLICY DOCUMENT NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE YOUR POLICY DOCUMENT The person named in the schedule as the policyholder has become a member of The National Farmers Union Mutual Insurance Society Limited NFU

More information

Pension Annuity (including the Enhanced Pension Annuity)

Pension Annuity (including the Enhanced Pension Annuity) Pension Annuity (including the Enhanced Pension Annuity) Terms and Conditions Retirement Investments Insurance Health Retirement Investments Insurance Health Retirement Investments Insurance Health Welcome

More information

AIG Life. YourLife Plan Term Assurance. Key Facts

AIG Life. YourLife Plan Term Assurance. Key Facts AIG Life YourLife Plan Term Assurance Key Facts Contents Page Welcome to AIG 3 Section A: About Term Assurance A1 What is Term Assurance? 4 A2 Term Assurance aims 4 A3 How does - Term Assurance work? 4

More information

Group Life Insurance Excepted Policy - Policy Booklet

Group Life Insurance Excepted Policy - Policy Booklet Group Life Insurance Excepted Policy - Policy Booklet Welcome to Aviva Your policy consists of this policy booklet and policy schedule. Please keep them in a safe place along with any revised policy schedules

More information

Policy. Conditions. Protection Policy Conditions. Protection

Policy. Conditions. Protection Policy Conditions. Protection Protection Policy Conditions Policy Conditions Protection IMPORTANT Please keep these documents safely The utmost care should be taken of this policy as duplicates of lost policies can not generally be

More information

HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection

HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection 2 Contents Section Page Policy Summary 3 Type of Insurance and Cover 3 Significant Features

More information

Flexible Life Plan Key Features

Flexible Life Plan Key Features Flexible Life Plan Flexible Life Plan Key Features This document shows the main points about your plan. Please read it with your personal illustration and keep it with the other documents relating to your

More information

AIG Life. YourLife Plan Family Income Benefit. Key Facts

AIG Life. YourLife Plan Family Income Benefit. Key Facts AIG Life YourLife Plan Family Income Benefit Key Facts Contents Page Welcome to AIG 3 Section A: About Family Income Benefit A1 What is Family Income Benefit 4 A2 Family Income Benefit aims 4 A3 How does

More information

Income Protection Options Policy summary

Income Protection Options Policy summary Income Protection Options Policy summary This summary tells you the key things you need to know about our Income Protection Options policy. It doesn t give you the full terms of the policy. You can find

More information

AIG Life. Business Protection Term Assurance. Key Facts

AIG Life. Business Protection Term Assurance. Key Facts AIG Life Business Protection Term Assurance Key Facts Contents Page Welcome to AIG 3 Section A: About Business Protection A1 What is Business Protection? 4 A2 Business Protection aims 4 A3 How does Business

More information

Life Insurance Options

Life Insurance Options Life Insurance Options Policy summary Life Insurance Options This summary tells you the key things you need to know about our Life Insurance Options policy. It doesn t give you the full terms of the policy.

More information

Group Income Protection. Policy Conditions

Group Income Protection. Policy Conditions Group Income Protection Policy Conditions These Policy Conditions are introduced from 16 September 2015 Your Policy The contractual terms of the Policy are set out in: these Policy Conditions and any

More information

Key Features of the Immediate Life Annuity

Key Features of the Immediate Life Annuity Key Features of the Immediate Life Annuity Key Features of the Immediate Life Annuity The Financial Conduct Authority is a financial services regulator. It requires us, Aviva, to give you this important

More information

Over 50s Life Insurance with the Lifetime Payback Guarantee

Over 50s Life Insurance with the Lifetime Payback Guarantee Over 50s Life Insurance with the Lifetime Payback Guarantee Key Facts and Policy Terms and Conditions Welcome to British Seniors We all want the best for our loved ones. Now that you have chosen British

More information

AIG Life. Relevant Life Insurance. Key Facts

AIG Life. Relevant Life Insurance. Key Facts AIG Life Relevant Life Insurance Key Facts Contents Page Welcome to AIG 3 Section A: About Relevant Life Insurance A1 What is Relevant Life Insurance is 4 A2 How Relevant Life Insurance works 4 A3 Your

More information

Your policy conditions

Your policy conditions For customers Your policy conditions BP16 Business Protection Welcome to Aegon Thank you for choosing our Business Protection policy. We have been part of the Aegon group since 1994, linking Scottish Equitable

More information

about our Income Protection Plan

about our Income Protection Plan about our Income Protection Plan Reference XIP1/A 12.11 The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life, to give you important information

More information

GIO Funeral Insurance

GIO Funeral Insurance GIO Funeral Insurance Product Disclosure Statement and Policy Document Prepared on: 19 September 2014 Effective date: 20 October 2014 This product and combined Product Disclosure Statement and Policy Document

More information

Key Features Your questions answered

Key Features Your questions answered Key Features Your questions answered Income Protection... unum.co.uk Leading the way in Income Protection unum.co.uk Important You should ensure you have a full understanding of the plan before making

More information

Business Life Insurance Options

Business Life Insurance Options Business Life Insurance Options Policy summary Business Life Insurance Options This summary tells you the key things you need to know about our Business Life Insurance Options policy. It doesn t give you

More information

Key Features Your questions answered

Key Features Your questions answered Key Features Your questions answered Individual Income Protection... unum.co.uk Leading the way in Income Protection unum.co.uk Important You should ensure you have a full understanding of the plan before

More information

Over 50s Life Insurance with the Lifetime Payback Guarantee

Over 50s Life Insurance with the Lifetime Payback Guarantee Over 50s Life Insurance with the Lifetime Payback Guarantee Key Facts and Policy Terms and Conditions 2 Welcome to Smart Insurance We all want the best for our loved ones. Now that you have chosen Smart

More information

KEY FEATURES OF RELEVANT LIFE COVER SCOTTISH WIDOWS PROTECT. Important information you need to read

KEY FEATURES OF RELEVANT LIFE COVER SCOTTISH WIDOWS PROTECT. Important information you need to read KEY FEATURES OF RELEVANT LIFE COVER SCOTTISH WIDOWS PROTECT Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO

More information

Excepted Group Life Assurance. Policy Conditions

Excepted Group Life Assurance. Policy Conditions Excepted Group Life Assurance Policy Conditions Group Life Assurance Policy Thank you for choosing Optimal. By selecting Optimal you have chosen to insure your Group Life benefits with one of the newest

More information

How To Know If You Should Get A Life Insurance Policy From Friends Life And Pensions (Fscs)

How To Know If You Should Get A Life Insurance Policy From Friends Life And Pensions (Fscs) Virgin Life Insurance Key Facts Policy Summary and Policy Conditions virginmoney.com Virgin Life Insurance Key Facts Policy Summary and Policy Conditions This document, together with any policy schedules,

More information

IMPORTANT DOCUMENT - PLEASE READ KEY FEATURES OF THE PERSONAL INCOME PROTECTION PLAN

IMPORTANT DOCUMENT - PLEASE READ KEY FEATURES OF THE PERSONAL INCOME PROTECTION PLAN IMPORTANT DOCUMENT - PLEASE READ KEY FEATURES OF THE PERSONAL INCOME PROTECTION PLAN 02 Personal Income Protection Plan KEY FEATURES OF THE PERSONAL INCOME PROTECTION PLAN The Financial Conduct Authority

More information

Guaranteed Pension Annuity Policy Terms & Conditions

Guaranteed Pension Annuity Policy Terms & Conditions Guaranteed Pension Annuity Policy Terms & Conditions Thank you for choosing Hodge Lifetime for your retirement income. This document sets out the Policy Terms and Conditions that apply to all policyholders.

More information

Excepted Group Life Assurance for Police Federations

Excepted Group Life Assurance for Police Federations Group Life Assurance Excepted Group Life Assurance for Police Federations Policy Conditions Serving Officers The nature of the Policy The Policy is an excepted group life Policy as defined in section 482(2)

More information

Friends Life Protection Account Key features of Mortgage Income Protection Cover

Friends Life Protection Account Key features of Mortgage Income Protection Cover Protection Friends Life Protection Account Key features of Mortgage Income Protection Cover Why is this document important? The Financial Services Authority is the independent financial services regulator.

More information

DECREASING TERM ASSURANCE KEY FEATURES

DECREASING TERM ASSURANCE KEY FEATURES seeing retirement differently seeing retirement differently DECREASING TERM ASSURANCE CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 The Financial Conduct Authority is a financial service

More information

Personal and Executive Income Protection from Aviva. Key Features

Personal and Executive Income Protection from Aviva. Key Features Personal and Executive Income Protection from Aviva Key Features 1 Key features of Income Protection from Aviva Please read the Key Features document. It highlights the main features and benefits of the

More information

Policy Summary of Life Cover

Policy Summary of Life Cover Policy Summary of Life Cover FLIP/4573/Jan14 This policy summary contains key information about Friends Life Individual Protection Life Cover. You should read this summary carefully and keep it in a safe

More information

Group Critical Illness Insurance Policy UGCIPOL/08/2008

Group Critical Illness Insurance Policy UGCIPOL/08/2008 Group Critical Illness Insurance Policy UGCIPOL/08/2008 GROUP CRITICAL ILLNESS INSURANCE POLICY This policy is issued by Unum Limited (called Unum in this policy) to the policyholder named in the schedule.

More information

Registered Group Life Assurance Technical Guide

Registered Group Life Assurance Technical Guide Registered Group Life Assurance Technical Guide Thank you for choosing Optimal. By selecting Optimal you have chosen to insure your Group Life benefits with one of the newest and fastest growing Group

More information

AIG Life. YourLife Plan Income Protection. Key Facts

AIG Life. YourLife Plan Income Protection. Key Facts AIG Life YourLife Plan Income Protection Key Facts Contents Page Welcome to AIG 3 Section A: About Income Protection A1 What is Income Protection? 4 A2 Income Protection aims 4 A3 How does Income Protection

More information

RELEVANT LIFE PLAN KEY FEATURES

RELEVANT LIFE PLAN KEY FEATURES seeing retirement differently seeing retirement differently RELEVANT LIFE PLAN CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 The Financial Conduct Authority is a financial service regulator.

More information

Income Protection Plan from Standard Life

Income Protection Plan from Standard Life Key features of the Income Protection Plan from Standard Life This Key Features Document gives you the main points about the Income Protection Plan you re considering. It is for a UK Plan and for use by

More information

Key Features of the With Profits Pension Annuity

Key Features of the With Profits Pension Annuity Key Features of the With Profits Pension Annuity Key Features of the With Profits Pension Annuity The Financial Conduct Authority is a financial services regulator. It requires us, Aviva, to give you this

More information

Group Income Protection Group Income Protection

Group Income Protection Group Income Protection Group Income Protection Group Income Protection Policy Conditions The nature of the Policy The Policy provides insurance to cover income benefits payable for a member who is unable to work due to incapacity.

More information

CONDITIONS Over 50s Life Cover

CONDITIONS Over 50s Life Cover TERMS AND CONDITIONS Over 50s Life Cover 1 TERMS AND CONDITIONS: OVER 50S LIFE COVER PROVIDED BY THE ROYAL LONDON MUTUAL INSURANCE SOCIETY LIMITED ( ROYAL LONDON ) This booklet contains the Terms and Conditions

More information

LV= LIFE INSURANCE. Plan Conditions Document reference: LVLI3

LV= LIFE INSURANCE. Plan Conditions Document reference: LVLI3 LV= LIFE INSURANCE Plan Conditions Document reference: LVLI3 LV= Life Insurance Plan Conditions Welcome to LV=, and thank you for choosing LV= Life Insurance These conditions and your Plan Schedule, application,

More information

Flexible Benefits Technical summary

Flexible Benefits Technical summary Flexible Benefits Technical summary An excellent choice Canada Life Limited aims to satisfy your specific requirements for Group Life, Group Income Protection or Group Critical Illness cover. With us you

More information

YOUR NFU MUTUAL WHOLE OF LIFE ASSURANCE YOUR POLICY DOCUMENT

YOUR NFU MUTUAL WHOLE OF LIFE ASSURANCE YOUR POLICY DOCUMENT YOUR NFU MUTUAL WHOLE OF LIFE ASSURANCE YOUR POLICY DOCUMENT The person named in the schedule as the policyholder has become a member of The National Farmers Union Mutual Insurance Society Limited, NFU

More information

KEY FEATURES OF THE MORTGAGE REVIEW PLAN. Important information you need to read

KEY FEATURES OF THE MORTGAGE REVIEW PLAN. Important information you need to read KEY FEATURES OF THE MORTGAGE REVIEW PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS IMPORTANT

More information

Relevant Life Insurance

Relevant Life Insurance Relevant Life Insurance Policy summary Relevant Life Insurance This summary tells you the key things you need to know about our Relevant Life Insurance policy. It doesn t give you the full terms of the

More information

TRUSTEE TRANSFER PLAN Policy Document

TRUSTEE TRANSFER PLAN Policy Document TRUSTEE TRANSFER PLAN Policy Document [2] POLICY DOCUMENT TRUSTEE TRANSFER PLAN Contents 1. Introduction 4 2. Payments to us 6 3. Charges 7 4. Benefits payable under the Policy 8 5. Investments under the

More information

Life Insurance Options

Life Insurance Options Life Insurance Options Policy Summary Life Insurance Options This summary tells you the key things you need to know about our Life Insurance Options policy. It doesn t give you the full terms of the policy.

More information

How To Pay Out Of Pocket On A Friendsprovident Policy

How To Pay Out Of Pocket On A Friendsprovident Policy Executive Income Protection Policy conditions Reference PN37 02.09 Contents Page 1 Introduction 2 2 Premiums 5 3 Insured benefit 6 4 Proportionate benefit 7 5 Rehabilitation benefit 8 6 Hospitalisation

More information

Friends Life Protection Account Key features of Income Protection Cover

Friends Life Protection Account Key features of Income Protection Cover Protection Friends Life Protection Account Key features of Income Protection Cover Why is this document important? The Financial Services Authority is the independent financial services regulator. It requires

More information

Key Features of the Guaranteed Whole of Life Plan

Key Features of the Guaranteed Whole of Life Plan Key Features of the Guaranteed Whole of Life Plan Guaranteed Whole of Life Plan Key Features The Financial Conduct Authority is a financial services regulator. It requires us, Aviva, to give you this important

More information

LIFE INSURANCE POLICY DOCUMENT. Participating Employer (Universities of NZ) (the employer)

LIFE INSURANCE POLICY DOCUMENT. Participating Employer (Universities of NZ) (the employer) LIFE INSURANCE POLICY DOCUMENT For Employees (as Voluntary Insured Members) Participating Employer (Universities of NZ) (the employer) Administered by Marsh (the policy owner) Insured by Sovereign Assurance

More information

Decreasing Mortgage Cover Plan Guaranteed Payments. Terms and Conditions

Decreasing Mortgage Cover Plan Guaranteed Payments. Terms and Conditions Decreasing Mortgage Cover Plan Guaranteed Payments Terms and Conditions Contents 1. Who can have the plan? 3 2. The aim of the plan 4 3. The cover and benefits in more detail 5 Life cover only 5 Life or

More information

YourLife Plan Family Income Benefi t Key Facts. Total & Permanent disability. Specifi ed Critical Illness. Terminal Illness. Long term sickness.

YourLife Plan Family Income Benefi t Key Facts. Total & Permanent disability. Specifi ed Critical Illness. Terminal Illness. Long term sickness. YourLife Plan Family Income Benefi t Key Facts Death Terminal Illness Specifi ed Critical Illness Long term sickness Total & Permanent disability Contents Section A: About YourLife Plan Page A1 What is

More information

Excepted Group Life Assurance for Police Federations

Excepted Group Life Assurance for Police Federations Group Life Assurance Excepted Group Life Assurance for Police Federations Policy Conditions Retired Officers The nature of the Policy The Policy is an excepted group life Policy as defined in section 482(2)

More information

FUNERAL PROTECTION PLAN TERMS AND CONDITIONS

FUNERAL PROTECTION PLAN TERMS AND CONDITIONS FUNERAL PROTECTION PLAN TERMS AND CONDITIONS This is an important document, so please make sure You keep it in a safe place and let Your family know where to find it. These terms and conditions, the Plan

More information

Offshore Savings Account Key Features

Offshore Savings Account Key Features Offshore Savings Account Offshore Savings Account Key Features This document shows the main points about your Offshore Savings Account. Please read it with your personal illustration and keep it with the

More information

Key Features of Mortgage Life Insurance

Key Features of Mortgage Life Insurance Key Features of Mortgage Life Insurance Improvements to our critical illness cover We are pleased to tell you that we ve added to our critical illness cover. The plan now includes improved critical illness

More information

Technical Guide GROUP INCOME PROTECTION TECHNICAL GUIDE. People you can trust- A company you can rely on

Technical Guide GROUP INCOME PROTECTION TECHNICAL GUIDE. People you can trust- A company you can rely on Technical Guide GROUP INCOME PROTECTION TECHNICAL GUIDE People you can trust- A company you can rely on Who are Omnilife? Omnilife is a specialist insurer providing Group Risk benefits for employers that

More information

Group Income Protection Insurance Policy GIPPOL(EMPLOYEE)/04/2008

Group Income Protection Insurance Policy GIPPOL(EMPLOYEE)/04/2008 Group Income Protection Insurance Policy GIPPOL(EMPLOYEE)/04/2008 GROUP INCOME PROTECTION INSURANCE POLICY This policy is issued by Unum Limited (called Unum in this policy) to the policyholder named in

More information

AIG Life. YourLife Plan Income Protection. Cover Details

AIG Life. YourLife Plan Income Protection. Cover Details AIG Life YourLife Plan Income Protection Cover Details Contents Page Welcome to AIG 3 Section A: The cover A1 Income Protection 4 A2 Waiver of Premium 12 Section B: Managing the cover B1 Paying for the

More information

life insurance KEY FEATURES of your Plan

life insurance KEY FEATURES of your Plan mortgage life insurance KEY FEATURES of your Plan Please read this information carefully ASDA Life Insurance plans are provided by Scottish Widows plc. These Key Features give you the main points about

More information

Level Protection Plan Guaranteed Payments. Terms and Conditions

Level Protection Plan Guaranteed Payments. Terms and Conditions Level Protection Plan Guaranteed Payments Terms and Conditions Contents 1. Who can have the plan? 3 2. The aim of the plan 4 3. The cover and benefits in more detail 5 Life cover only 5 Life or earlier

More information

DETAILS OF YOUR PROTECT LIFE ASSURANCE POLICY

DETAILS OF YOUR PROTECT LIFE ASSURANCE POLICY DETAILS OF YOUR PROTECT LIFE ASSURANCE POLICY (Fixed or rolling term) Series 9 from 24 November 2014 This document is the legal contract between you and us, Old Mutual Wealth, to provide life assurance

More information

Key Features of the Whole of Life Protection Plan.

Key Features of the Whole of Life Protection Plan. WHOLE WHOLE OF OF LIFE LIFE PROTECTION PLAN KEY FEATURES Key Features of the Whole of Life Protection Plan. LIFE ASSURANCE This is an important document which you should keep safely in case you need it

More information

HALIFAX CASH ISA. Conditions and information

HALIFAX CASH ISA. Conditions and information HALIFAX CASH ISA. Conditions and information Welcome to Halifax 3 Section 1 How these conditions work 5 Section 2 Special Conditions 7 ISA Saver Variable 12 ISA Saver Online 13 ISA Saver Fixed 14 Junior

More information

AIG Life. Over 50s Life Plan. Key Facts

AIG Life. Over 50s Life Plan. Key Facts AIG Life Over 50s Life Plan Key Facts Welcome to AIG American International Group, Inc. (AIG) is a leading international insurance organisation serving customers in more than 130 countries and jurisdictions.

More information

Key Features and Terms and Conditions of Family Life Insurance

Key Features and Terms and Conditions of Family Life Insurance Key Features and Terms and Conditions of Family Life Insurance What is the purpose of this document? The Financial Conduct Authority (FCA) is an independent financial services regulator. It requires Scottish

More information

LV= LIFE LV= LIFE INSURANCE

LV= LIFE LV= LIFE INSURANCE LV= LIFE LV= LIFE INSURANCE INSURANCE Key features of the LV= Life Insurance plan The Financial Conduct Authority is a financial services regulator. It requires us, LV=, to give you this important information

More information

Important information. Key Features of the Flexible Life Plan (top-up payments)

Important information. Key Features of the Flexible Life Plan (top-up payments) Important information Key Features of the Flexible Life Plan (top-up payments) > Contents About this booklet 4 About the Flexible Life Plan (top-up payments) 4 Its aim 5 Your commitment 5 Risks 6 Questions

More information

Group Income Protection

Group Income Protection Canada Life Group Income Protection Group Income Protection Technical Guide This Technical Guide is introduced from 16th September 2015. About us Canada Life in the UK We have been in the Group Risk market

More information

Insurance. Life. Insurance. Product Disclosure Statement and Policy

Insurance. Life. Insurance. Product Disclosure Statement and Policy Insurance Life Insurance Product Disclosure Statement and Policy Effective 11 October 2013 The information provided in this PDS is general information only and does not take into account your individual

More information

my Aviva flex and my Aviva products

my Aviva flex and my Aviva products and my Aviva products For more detailed comparison information on the products available, follow these links GN20704 (05/2015) Life insurance Life insurance through my Aviva flex Life insurance through

More information

Term Life. Product Disclosure Statement and Insurance Policy

Term Life. Product Disclosure Statement and Insurance Policy Term Life Product Disclosure Statement and Insurance Policy Administrator Intermediary The information provided in this PDS is general information only and does not take into account your individual objectives,

More information

Please read this document carefully as it contains important information about this plan. Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY

Please read this document carefully as it contains important information about this plan. Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY Please read this document carefully as it contains important information about this plan Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY Your VitalityLife plan summary About this booklet This

More information

<Variable 40>AMP Lifetrack Protecting your Life and Lifestyle

<Variable 40>AMP Lifetrack Protecting your Life and Lifestyle Table of Contents 1 Please read this first...2 2 Indexation Option...4 3 Making a claim...6 4 How a claim is paid...6 5 Premiums: what you pay for this Policy...8 6 Making changes to your Policy...9 7

More information

Guaranteed Over 50s Life Insurance with optional cover

Guaranteed Over 50s Life Insurance with optional cover Guaranteed Over 50s Life Insurance with optional cover Key Facts and Policy Terms and Conditions Welcome to British Seniors Insurance Agency We all want the best for our loved ones. Planning for your funeral

More information