The Lowest Premium for Your Life Insurance Quote, Critical Illness Cover Quote or Mortgage Protection Insurance Quote !

We have defined some common life assurance terms to assist you in filling out the quote request form :

TERM ASSURANCE - Life Insurance set up over a specific period, for example to correspond with the term of a mortgage. In the event of death during the life of the policy a cash tax free lump sum is paid out. (The policy is for life cover only and does not acquire a cash-in value at any stage.)

LEVEL TERM ASSURANCE - The amount of cover remains fixed at the same amount throughout the term of the policy. (usually used for family protection or interest only mortgages)

DECREASING TERM ASSURANCE- The amount of cover gradually decreases throughout the term of the policy. (Usually taken out to cover a repayment mortgage where the amount of outstanding loan balance decreases over the mortgage term)

CRITICAL ILLNESS COVER - Critical Illness Cover can be combined with level or decreasing term life assurance cover. Pays out a lump sum upon the diagnosis of a specified critical illness. Critical Illnesses include heart attack, cancer, stroke, multiple sclorosis, blindness, total and permanent disability etc. (1 in 4 men and 1 in 5 women will contract one of the conditions covered by a standard critical illness policy before they reach the age of 65 - source Henover Re 2001)

TERMINAL ILLNESS - If the person covered is diagnosed as having less than 12 months to live, the life insurance company pays out the amount covered there and then. This is automatically included in most level and decreasing term assurance policies. This should not be confused with Critical Illness cover.

MORTGAGE PAYMENT PROTECTION INSURANCE - This was previously called Accident, Sickness and Unemploment insurance (ASU). This type of policy provides insurance against any or all of these potential problem areas and would cover some or all of your mortgage payments.

WAIVER OF PREMIUM - In the event of ill health and for a small additional monthly premium, the life company pays the policies premiums until you are able to return to work.

Request a Quotation Now - Select the type of cover you need above !