Coping with the death of a loved one is never easy. Having the correct protection in place could prove vital to helping your family survive financially. A Term Assurance policy gives you the peace of mind in knowing that your family will be provided with a lump sum to help prevent financial hardship when you are no longer around to provide for them. The amount of cover will remain level throughout the term of your plan.
Risk Factors
It is vital that you answer all the questions on your application fully, truthfully and accurately and that you tell us about your medical history in full. Failure to mention something could result in your policy being inappropriate for your protection needs and may invalidate any claim you may make later.
If you don't pay your premiums, your policy and your cover will end 30 days after the last premium was due and you will get nothing back.
If you choose critical illness cover, Aviva will only pay out if you are diagnosed with a critical illness that meets the plan definitions and then survive for at least 14 days.
This policy has no cash-in value at any time.
Inflation may reduce the value of your cover.
Key Features
- Provides a lump sum to help your family cope financially in the event of your death
- Provides the option to include Critical Illness Cover within the plan
- Offers the facility to protect your premiums if you are unable to work due to accident or illness
- Terminal Illness cover enabling you to take care of your own affairs should you wish to to do so
- You must be aged between 16 and 89 at the start of the plan (other age restrictions will apply depending on the options selected and term of the plan)
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You must be a UK resident at the time you take the cover
- You can pay premiums monthly (minimum £5) by direct debit or yearly (minimum £50) by cheque or direct debit
If you would like to know more about the risk factors and key features of Term Assurance, please contact your local branch to speak with a Financial Planner.